Business

CBN Introduces Solar Intervention Fund, Pegs Maximum Limit At N500m

BEVERLY HILLS, September 14, (THEWILL) - The Central Bank of Nigeria (CBN) has introduced a solar intervention fund that will offer obligors access to credit facility that will not exceed a maximum of N500m maximum, with the aim of providing...

Naira, Inflation In Focus

SAN FRANCISCO, September 14, (THEWILL) - Once upon a time, the Naira was worth almost twice as much as the Dollar and equivalent to the British Pound. Fast-forward today, the local currency is trading at a paltry N455 per...

Risk Assets Push Higher On Vaccine Hopes; Eyes On The Fed

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BEVERLY HILLS, September 14, (THEWILL) - After two consecutive weeks of back-to-back declines, global stocks kicked off Monday with solid gains amid a surge in M&A activity and positive signs towards vaccine developments. Currency markets were little changed ahead of...

Heritage Bank, FAMO Provides Succor For 300 Private School Teachers, SMEs

BEVERLY HILLS, September 14, (THEWILL) - As part of efforts to cushion the effects of the COVID-19 on the education sector, Heritage Bank Plc in partnership with Honourable Fatima Mohammed (FAMO) foundation has provided succor to over 300 affected...

AfCFTA Is A Veritable Platform For Trade Negotiations – Osinbajo

BEVERLY HILLS, September 12, (THEWILL) - Vice President Yemi Osinbajo has stated that one of the ways by which Africa can maximise benefits of the Africa Continental Free Trade Area (AfCFTA) is to ensure that trade negotiations with the...

Firstbank Promotes Career Development Of Staff, Graduates Third Set Of Its Senior Management Development programme (SMDP) Participants

BEVERLY HILLS, September 10, (THEWILL) - First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has graduated 12 successful candidates in the third edition of its Senior Management Development Programme (SMDP). The graduation ceremony held virtually, via the...

Banking Sector’s Electronic Transaction Reaches N263.78tr

SAN FRANCISCO, September 10, (THEWILL) - The National Bureau of Statistics (NBS) has revealed that the banking sector recorded a total volume of 2,160,436,659 electronic transactions which amounted to N263. 73 trillion in the second quarter (Q2) of this...

NNPC Spent N41.98bn On Pipeline Repairs In Six Months

SAN FRANCISCO, September 10, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) has said it spent a total of N41.98bn on pipeline repairs and management cost in the first six months of the year 2020. The NNPC disclosed this in...

Stock Market Today: Market Cap Sheds N38b

SAN FRANCISCO, September 09, (THEWILL) - The Nigerian stock market closed at 4,155 deals on Wednesday, lower than the 4,185 deals it closed with on Tuesday, while the volume of trades reached 269.6 million units at the close of the...

Jobberman Acquires NGcareers, In Undisclosed Deal

SAN FRANCISCO, September 08, (THEWILL) - Nigerian-based recruitment company, Jobberman, announced today that it has acquired top competitor Ngcareers, founded by Andrew Eze and Paul Eze. The deal, which is a full acquisition, will see Jobberman’s parent company, ROAM Africa...