Business

BEVERLY HILL, January 15, (THEWILL) - Nigeria’s inflation rate rose to 15.75 per cent in December 2020, hitting the highest level in 32 months, according to data by the National Bureau of Statistics released Friday. This is 0.86 per cent...

BEVERLY HILL, January 15, (THEWILL) -  Africa’s war against desertification has received a boost with a donation of $25.5 billion coming from the World Bank, Africa Development Bank (AfDB) and the government of France. The donors are supporting the 8,000-kilometre-long Great...

BEVERLY HILL, January 15, (THEWILL) - Africa Development Bank (AfDB) is planning to invest $10 billion for the expansion of renewable energy projects in the continent, over the next five years. Akinwumi Adesina, AfDB President, who disclosed this at the...

BEVERLY HILL, January 15, (THEWILL) -  In a bid to finance a gap of N192.49 billion contained in its 2021 budget, the Lagos State Government has announced a plan of exploring several sources including bonds and domestic, foreign borrowing. Commissioner for...

BEVERLY HILL, January 14, (THEWILL) - Equities on the Nigerian Stock Exchange generally posted their fifth consecutive daily gains on Thursday as leading stocks including Seplat, Dangote Cement and MTNN propelled the N325 billion upward drift. Also contributing to the uptrend...

BEVERLY HILL, January 14, (THEWILL) - FMDQ Securities Exchange Limited has approved the quotation of the Total Nigeria PLC ₦2.25 billion Series 1 and ₦12.75 billion Series 2 Commercial Papers under its ₦30.00 billion CP Issuance Programme. Also approved are...

BEVERLY HILL, January 14, (THEWILL) - In pursuit of financial service innovations within the digital space of its mandate, the Central Bank of Nigeria (CBN) has unveiled frameworks for implementing two policy initiatives meant to achieve this objective. In two related...

BEVERLY HILLS, January 14, (THEWILL) - Federal High Court sitting in Abuja has adjourned till Thursday, March 11, 2021 a suit filed by West Link Airlines LTD, Sky Power Express Airways Nigeria Limited and Tropical Attic Logistics LTD against Airline...

BEVERLY HILL, January 14, (THEWILL) - Leading professional services firm, PricewaterhouseCoopers (PwC) Nigeria has announced that it would once again be sponsoring this year’s edition of the National Under 17 Cricket Championship organised by the Nigeria Cricket Federation. The tournament has...

BEVERLY HILLS, January 14, (THEWILL) - Stanbic IBTC Bureau De Change Limited (SIBDC), a subsidiary of Stanbic IBTC Holdings Plc, has announced the closure of its Bureau de Change operations. A statement signed by the bank’s Secretary, Chidi Okezie, and...