Business

Ecobank’s $300 Bond Is Oversubscribed On London Stock Exchange

BEVERLY HILLS, March 02, (THEWILL) – Ecobank Nigeria has listed its $300 unsecured bond on the London Stock Exchange (LSE) as part of moves to increase liquidity and attract more international shareholders and reports indicate it has been oversubscribed. Last...

FMDQ Exchange Admits Parthian Partners N20bn Commercial Paper

BEVERLY HILLS, March 01, (THEWILL) - The FMDQ Securities Exchange Limited has announced the registration of the Parthian Partners Limited ₦20.00 billion Commercial Paper (CP) Programme to its platform. The registration of this CP Programme strategically positions Parthian Partners Limited...

CMC Connect BCW Launches Crisis Management Service For Businesses

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BEVERLY HILLS, March 01, (THEWILL) - The unprecedented global health crisis has thrown up the need for businesses to have a crisis management plan as revealed in a research by leading public relations firm, CMC Connect BCW, a member of...

Cryptocurrency: ‘Central Banks Under Pressure To Create Digital Money’

BEVERLY HILLS, March 01, (THEWILL) - Following the sudden rise in value and acceptability of cryptocurrencies and the search by investors for alternative places to put their money, 60 per cent of Central Banks across the globe are under pressure...

Airlines Jostle For Smaller Aircraft

...As IATA Predicts Cash-Negative Trend In 2021 BEVERLY HILLS, March 01, (THEWILL) - Both local and international carriers across the world are gradually shifting towards narrow-body aircraft, which are today found in all the rage in the commercial aviation circle. The...

Continental Re Promises Quality Post − Covid-19 Recovery To African Nations

...As Group Managing Director/CEO Retires BEVERLY HILLS, March 01, (THEWILL) - Leading private pan-African reinsurer, Continental Reinsurance on Friday said it is “delivering and is positioned to deliver long-term value to shareholders and a wide group of stakeholders across Africa”. The...

E-Commerce: Courier, Logistics Firms Groan Under Multiple Taxes

BEVERLY HILLS, March 01, (THEWILL) - Operators of courier and logistic firms facilitating e-commerce in Nigeria are being squeezed by multiple, unending layers of taxes from the federal, state and local government authorities across the country, THEWILL findings have revealed. The...

UN Adjudges Nigeria’s Economy As Focused But Sluggish

BEVERLY HILLS, February 25, (THEWILL) - The United Nations has passed a verdict on the Nigerian economy as moving in the right direction but sluggish. Deputy Secretary-General of the United Nations, Amina Mohammed, disclosed this on Thursday during a meeting at...

Aiteo Versus Shell: Court To Hear Contempt Proceedings Against 3 Nigerian Banks

BEVERLY HILLS, February 24, (THEWILL) - Justice Oluremi Oguntoyinbo of the Federal High Court in Lagos will on March 22 decide whether or not to hear a contempt proceeding filed against three Nigerian banks by Aiteo Eastern E &...

United Capital Records Double Digit Growth As PBT Jumps By 61%

BEVERLY HILLS, February 24, (THEWILL) - United Capital Plc has recorded positive results for the year ended December 31, 2020, as its Profit Before Tax (PBT) jumped by 61 percent to N7.95 billion (PBT), compared to N4.95 billion in...