Business

Wike Urges CBN To Support Rivers’ Cassava Processing Initiative

BEVERLY HILLS, October 28, (THEWILL) – Rivers State Governor, Nyesom Ezenwo Wike has expressed optimism that the State’s $12 million Cassava processing initiative will create jobs and enhance the Gross Domestic Product (GDP) of the country. The Governor urged the...

CBN Debits Banks N926.4bn For Breaching LDR

BEVERLY HILLS, October 28, (THEWILL) – The Central Bank of Nigeria (CBN) has debited banks of Cash Reserve Ratio (CRR) worth N926.4bn for breach of its lending policy. Loan to Deposit Ratio (LDR) is a ratio, represented in percentage, between...

Marine Environment: Experts Decry Impact Of Plastic On Fish Migration

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SAN FRANCISCO, October 27, (THEWILL) - Some experts in fishery have described waste activities such as plastic pollution as the major challenges affecting fish migration in the country. The experts spoke during a Zoom discussion to mark the 2020 edition...

NSE: Market Gains As Flour Mills Top Gainers List

SAN FRANCISCO, October 27, (THEWILL) - The Nigerian Stock Exchange (NSE) closed with 5,283 deals on Tuesday higher than the 4,235 deals it closed with on Monday. The volume reached 385.59 million units at the close of the market on...

NCC Grants MTN, 9mobile Approval For Roaming Service Trial

SAN FRANCISCO, October 26, (THEWILL) - The Nigerian Communications Commission (NCC) has granted approval to Mobile Telecommunication Network (MTN) Nigeria, and Emerging Markets Telecommunication Service Limited (EMTS) trading as 9mobile for a trial on national roaming service. Ikechukwu Adinde, director...

MTN Group Appoints Karl Toriola As CEO MTN Nigeria

SAN FRANCISCO, October 26, (THEWILL) - MTN Group has appointed Karl Toriola, the current vice president for MTN Group’s West and Central Africa (WECA) region, as CEO of MTN Nigeria. In a statement on Monday, it said Toriola will take over...

Access Bank Gives N50bn Interest-Free Loan For #EndSars Attack Victims

SAN FRANCISCO, October 26, (THEWILL) - Access Bank Plc said it has commenced the disbursement of N50 billion interest-free loan and grant it set aside for micro, small and medium size enterprises (MSMEs) that were destroyed by hoodlums in...

Stanbic IBTC Extends University Scholarship Application Deadline

BEVERLY HILLS, October 26, (THEWILL) - Stanbic IBTC Extends University Scholarship Application DeadlineStanbic IBTC Holdings PLC, a member of the Standard Bank Group has extended the deadline for its 2020 University Scholarship Programme application to December 31, 2020. Chief Executive,...

Few African Business Professionals Expect Companies Not To Survive COVID-19 Crisis

BEVERLY HILLS, October 23, (THEWILL) - 6 per cent of African Business Professionals does not expect the company they work for to survive the COVID-19 Crisis. This is the main result of an extended survey conducted by the Africa...

NESBITT Acquires Peugeot Nigeria

BEVERLY HILLS, October 23, (THEWILL) - NESBITT Investment Nigeria has acquired Peugeot Automobile Nigeria (PAN) and plans to inject $150 million in the next three years to revamp the automobile company. NESBITT said the $150 million investment would be spent...