Business

BEVERLY HILLS, August 29, (THEWILL) - The Federal Government has expressed its determination to continue funding the 2020 budget to ensure that the economy recovers as projected, even as the country’s Gross Domestic Product (GDP) contracted by -6.10 percent...

SAN FRANCISCO, August 28, (THEWILL) - The Nigerian stock market closed at 2,869 deals today, Friday, August 28, 2020, lower than the 2,954 deals it closed with on Thursday, August 27, 2020, while the volume reached 137 million units at...

SAN FRANCISCO, August 28, (THEWILL) - Nigeria's capital importation (inflows) declined by 78.60% in the second quarter of 2020, when compared to the corresponding period of Q2 2019. In a report released by the Nigerian Bureau of Statistics (NBS), the country...

SAN FRANCISCO, August 28, (THEWILL) - The World Bank says it has paused the publication of its annual Doing Business report because it has discovered cases of data manipulation by some countries. The Doing Business report ranks countries based on their...

SAN FRANCISCO, August 28, (THEWILL) - Waltersmith Petroman Oil Ltd., a Nigerian independent producer, will open a 5,000-barrel a day capacity modular refinery next month in Africa’s top crude producer that imports all of its refined-product needs. The company, Nigeria’s...

SAN FRANCISCO, August 27, (THEWILL) - The Manufacturers Association of Nigeria (MAN) has kicked against the cancellation of third party agents for foreign exchange applications stating that the new Central Bank of Nigeria (CBN) policy will affect the process that...

The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu has called for a concerted effort towards diversifying the country’s export base through the promotion of non-oil exports. He made the call during a Webinar themed “Prospects of...

SAN FRANCISCO, August 27, (THEWILL) - The African Export-Import Bank (Afreximbank) has been announced the winner of the Debt Deal of the Year Award at the 14th Annual African Banker Awards 2020. The awards, which held virtually on Wednesday, recognized...

SAN FRANCISCO, August 26, (THEWILL) - The Nigerian Stock Exchange (NSE) has announced the upgrade of its whistleblowing platform, X-Whistle. X-Whistle which was first launched in 2014, is a web-based whistleblowing portal that empowers a whistleblower – an employee, investor, compliance...

BEVERLY HILLS, August 26, (THEWILL) - The Chartered Institute of Bankers of Nigeria (CIBN) officials presented Certificates of Accreditation to Heritage Bank Plc Academy known as “The Refinery” and the Central Bank of Nigeria (CBN) Learning Centre. The Institute via...