Business

SAN FRANCISCO, December 07, (THEWILL) - After gaining for three days, the Naira depreciated marginally at the unofficial foreign exchange market on Monday. A Dollar was sold for N482 on Monday, compared with N480 it exchanged on Friday as demand continues...

SAN FRANCISCO, December 07, (THEWILL) - Nnamdi Okonkwo, the outgoing Chief Executive Officer (CEO) of Fidelity Bank, has formally introduced Nneka Onyeali-Ikpe as his successor to stockbrokers at the Nigerian Stock Exchange (NSE). This was done at a closing gong ceremony...

SAN FRANCISCO, December 06, (THEWILL) - Shareholders of Guaranty Trust Bank (GTB) Plc have approved the restructuring of the bank to a holding company (holdco). The approval, given at the weekend, paves way for the bank to conclude its transition...

SAN FRANCISCO, December 02, (THEWILL) - Zenith Bank Plc has emerged as Bank of the Year in Nigeria in The Banker’s Bank of the Year Awards 2020. This is coming on the heels of the awards as the Most Valuable...

BEVERLY HILLS, December 01, (THEWILL) - The Nigerian equity market continued its uptrend to the sixth consecutive trading session on Tuesday, gaining 0.30% on the back of 16 advancers. The banking sector inspired the All-Share Index to gain 105.48 absolute...

SAN FRANCISCO, November 30, (THEWILL) - Organization of the Petroleum Exporting Countries (OPEC) is currently holding a virtual meeting over an extension to oil production cuts as the coronavirus pandemic continues to weigh on global demand. Ministers from the cartel commenced...

SAN FRANCISCO, November 28, (THEWILL) - The National Bureau of Statistics (NBS) has revealed that Nigeria generated N416.01 billion from company income tax (CIT) in third quarter of 2020 (Q3 2020). The data implies a 3.48 percent increase against N402.03 billion...

SAN FRANCISCO, November 26, (THEWILL) – The Supreme Court has dismissed an application by Shell Petroleum Development Company, requesting a review of a January 11, 2019 judgment ordering it to pay N17bn as compensation to some Ogoni communities affected...

SAN FRANCISCO, November 25, (THEWILL) - The international oil benchmark, Brent crude, rose above $48 per barrel on Wednesday, signalling hope for oil-dependent countries like Nigeria. Brent, against which Nigerian’s oil is priced, rose for a fourth straight session extending a...

SAN FRANCISCO, November 25, (THEWILL) - International Air Transport Association (IATA) has stated that the aviation industry in Africa will lose $2 billion in 2020 while global losses is expected to drop deeper at $118.5 billion in 2020. This was contained...