Business

Nigeria Attracted $2.6bn FDI In 2020 – UNCTAD

BEVERLY HILLS, January 28, (THEWILL) - Nigeria has emerged the second preferred investment destination in Africa, having attracted $2.6 billion Foreign Direct Investment (FDI) in 2020. Nigeria ranked second to Egypt, as the most preferred investment destination in Africa, according...

WhatsApp Becomes Part Of Subscribers Status

BEVERLY HILLS, January 27, (THEWILL) - Many users of WhatsApp, on Wednesday morning confused with the thought that their phones were either malfunctioning or their accounts compromised. This is following the new development from the developers of American freeware, cross-platform...

Monetary Policy Committee Maintains Status Quo At First Meeting Of The Year

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BEVERLY HILLS, January 26, (THEWILL) - Nigeria’s Monetary Policy Committee (MPC) meeting that held on the 25th and 26th of January has just been concluded with a decision to hold all policy parameters constant as follows; 1. Retain the MPR at...

Bella Disu Expands Frontiers, Appointed Board Chair, Abumet Nigeria Ltd

BEVERLY HILLS, January 25, (THEWILL) - No doubt, Bella Disu, the second daughter of billionaire businessman, Dr Mike Adenuga, is indeed a chip of the old block who is taking incredible strides just like her father. That she is an...

Airline Mortality: Aviation Experts Task Operators On Mergers

BEVERLY HILLS, January 25, (THEWILL) - Stakeholders in the nation's aviation industry have advised domestic airlines to merge into one mega carrier to beat the 10-year ceiling for closure and function smoothly. THEWILL can authoritatively report that except for Aero Contractors,...

Global Financial Crisis: Chinese Leader Fingers ‘Excess Chase Of Profit’ At World Economic Forum

BEVERLY HILLS, January 25, (THEWILL) - China’s President, Xi Jinping, has blamed what he called excess chase of profit by financial players and a great failure of appropriate regulation for the global financial crisis that has plagued the world...

Budget Funding: Stakeholders Endorse Planned Sale Of National Assets

BEVERLY HILLS, January 24, (THEWILL) - As the debate on how best the federal government can finance the funding gap in the 2021 budget, without creating more economic problems than it plans to solve rages, some stakeholders in both...

Unilever Nigeria Posts N1.59bn Loss In 2020

- As Stakeholders Bemoan Gloomy Outlook BEVERLY HILLS, January 24, (THEWILL) - Unilever Nigeria Plc, a leading consumer goods company, recorded N1.59 billion post-tax loss in 2020, representing 62.3 per cent lower than the N4.22 billion reported in the preceding...

Telecom: 53,460 3G, 4G BTS Deployed In Nigeria – NCC

BEVERLY HILLS, January 23, (THEWILL) - The Nigerian Communications Commission (NCC) has said that a total of 53,460 third-generation (3G) and fourth-generation (4G) base transceiver stations (BTS) have been deployed in Nigeria in the last five years. Prof. Umar Danbatta, Executive...

CBN Bars Exporters With Unrepatriated Export Proceeds From All Banking Services

BEVERLY HILLS, January 23, (THEWILL) - The Central Bank of Nigeria (CBN) has instructed that all exporters with unrepatriated export proceeds should be barred from accessing all banking services by 31st January 2021. The CBN gave the directive in a circular...