Business

Amazon To Open African Headquarters In South Africa

BEVERLY HILLS, April 21, (THEWILL) - US retail giant, Amazon, says it plans to open its first African office in South Africa with a real estate investment of over R4 billion. The announcement is coming a week after Twitter chose to...

Red Star Launches Online Platform For Customs Duty Payment

BEVERLY HILLS, April 20, (THEWILL) - Red Star Express Plc, one of Nigeria’s foremost logistics solutions providers, has launched an online platform that enables customers to make customs duty payments for imported items. In a statement issued from the company, it...

Trade Between Nigeria, South Korea Drops By 74%

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BEVERLY HILLS, April 20, (THEWILL) - The volume of trade between Nigeria and South Korea has dropped by 74 percent in the last two years. Minister of Industry, Trade and Investment, Adeniyi Adebayo, who made this known on Tuesday, said...

FirstBank Launches New Corporate Website

BEVERLY HILLS, April 19, (THEWILL) - First Bank of Nigeria has announced the launching of a newly-designed website to ensure seamless banking and technology solutions to its customers across the world. The new website, https://www.firstbanknigeria.com/ is upgraded with features configured...

UBA PAT In First-Quarter 2021 Is 27% More Than That Of Same Period In 2020

BEVERLY HILLS, April 19, (THEWILL) - The United Bank for Africa (UBA) has made an impressive 24 percent year-on-year growth in Profit Before Tax (PBT) in the first three months of the 2021 financial year, to N40.6 billion compared with...

FG Moves to Rejig Aviation Security

...Alerts Managers in Lagos, Abuja, Maiduguri BEVERLY HILLS, April 19, (THEWILL) - The Ministry of Aviation is leaving no stone unturned to ensure that about 29 airports in the country are secured from attacks by assailants. The new security measures...

Emirates Skywards Launches Exclusive Double -Tier Miles Offer

BEVERLY HILLS, April 19, (THEWILL) - Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, has rolled out an exclusive offer to help members fast-track to a higher tier status. With the new development, members can automatically earn double Tier...

NEPC Partners ITA For E-Lab Innova Agribusiness Training 

BEVERLY HILLS, April 19, (THEWILL) - As part of its commitments to boost trade relationships with Nigeria, the Italian Trade Agency (ITA), a governmental agency that supports the business development, partnerships and collaborations between Italian companies and their local counterparts,...

BDCs Strive for Market Dominance

BEVERLY HILLS, April 19, (THEWILL) - The Association of Bureaux De Change Operators of Nigeria (ABCON) held a zoom general meeting recently where regulators and industry stakeholders lauded the strength of Nigerian Bureaux de Change (BDCs) and their contributions to...

Businesses Brace For Tougher Times

BEVERLY HILLS, April 19, (THEWILL) - The upward trend of inflation rate in Nigeria is not a good omen. Nigeria recorded 18.17 percent rise in inflation rate in the month of March 2021 as against 17.33 percent in February...