Business

BEVERLY HILLS, April 05, (THEWILL) - ANTHONY OKECHUKWU looks at the intrigues that played out in disbursing the N27 billion bailout fund earmarked for the aviation sector In response to the losses incurred during the lockdown, the Nigerian Government had released...

BEVERLY HILLS, April 05, (THEWILL) - Nigeria’s Tier-1 deposit money banks (DMBs) recorded outsourced services of over N277 billion within a five-year period – 2015 to 2019, investigation through their respective annual reports has revealed. The group comprises First...

BEVERLY HILLS, April 03, (THEWILL) - The Central Bank of Nigeria (CBN) has suspended all loans to the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) amidst widespread allegations of bad loans and mismanagement of the apex bank's...

Fidelity Bank Plc has announced a N28.1 billion profit in 2020. BEVERLY HILLS, April 02, (THEWILL) - The bank reported a 50.9 per cent growth in Core Operating Profits from N29.8 billion in 2019 FY to N44.9 billion while Net Revenue...

BEVERLY HILLS, April 02, (THEWILL) - FMDQ Group has concluded plans to hold a Derivatives Market Webinar for capital market journalists under the aegis of Capital Market Correspondents Association of Nigeria (CAMCAN). The Webinar is coming ahead of the launch of...

BEVERLY HILLS, April 1, (THEWILL) - Nigeria’s gross domestic product (GDP) is projected to expand by 1.5 per cent this year, after a contraction of 3.5 per cent in 2020, a United Nations (UN) report said on Wednesday. In the latest...

BEVERLY HILLS, March 31, (THEWILL) – The Nigerian Export-Import Bank has announced its partnership with the African Export-Import Bank to mobilise the sum of $50 million to support Small and Medium Enterprises in Nigeria. NEXIM said that the $50 million Project...

BEVERLY HILLS, March 29, (THEWILL) - SAM DIALA writes that the Treasury Single Account (TSA) seems to have suffered serial breaches – suggesting that the much-celebrated fiscal policy has lost steam in government circles Recent developments in the fiscal policy...

BEVERLY HILLS, March 29, (THEWILL) - The World Bank has announced that the 2021 Spring Meetings will take place virtually from Monday, April 5, through Sunday, April 11. To accommodate for the time differences between countries, the organizers says...

BEVERLY HILLS, March 29, (THEWILL) - Investors in Nigeria’s equity market smiled home last Friday as trading closed positive with a gain of N258.1 billion or 1.27 per cent increase. The Daily Market Statistics published by the Nigerian Stock Exchange showed...