Business

SAN FRANCISCO, November 16, (THEWILL) - The Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Oscar Onyema, has harped on the importance of market data as a fundamental tool for making sound financial decisions. He said this at the...

SAN FRANCISCO, November 16, (THEWILL) - The exemption of Small and Medium enterprises from the payment of tertiary education tax has been proposed in the draft Finance Bill 2020. This was disclosed by the Fiscal Policy Reforms Committee, established by the...

SAN FRANCISCO, November 15, (THEWILL) - An unidentified Chinese buyer on Sunday paid a world record 1.6 million euros ($1.9 million) for a female homing pigeon called New Kim. According to an online auctioneer's Pigeon Paradise (PIPA), the sale beat...

SAN FRANCISCO, November 14, (THEWILL) - The Federal Government says it is considering the creation of an unclaimed dividend and unutilised bank balance trust fund where dividends declared and unclaimed will be held. The Minister of Finance, Budget and National Planning,...

SAN FRANCISCO, November 14, (THEWILL) - The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has revealed that the inflation rate in Nigeria is largely driven by the cost of transportation. Ahmed, who spoke on Friday at a virtual...

SAN FRANCISCO, November 13, (THEWILL) - The naira has weakened to 470 against the United States dollar in the parallel market despite the interventions of the Central Bank of Nigeria in the official window. The nation’s currency had traded at N465,...

SAN FRANCISCO, November 14, (THEWILL) - The Federal Government says it is in the process of accessing a $750m World Bank loan for states. This was revealed by the Minister of Finance, Budget and National Planning, Zainab Ahmed, who said the...

SAN FRANCISCO, November 12, (THEWILL) - First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced that its mobile banking application, FirstMobile, has been awarded the 2020 Best Mobile Banking App award 2020 in...

SAN FRANCISCO, November 12, (THEWILL) - Dubai-based Emirates airline on Thursday posted a $3.4 billion half-year loss, its first in more than three decades. Emirates said it had been badly hit by the coronavirus lockdown that brought air transport to “a...

SAN FRANCISCO, November 12, (THEWILL) - The Federal Mortgage Bank (FMBN) has stated that it had so far disbursed N265bn to subscribers under the National Housing Fund. The Managing Director of FMBN, Ahmed Dangiwa, said the cumulative disbursement of N265bn...