Business

How Nigeria Spends $1.2bn To Import Fish Annually – Emefiele

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele says about 1.2 billion dollars worth of fish is imported into the country annually. Emefiele disclosed this in Abuja on Thursday while briefing some state Governors and the media...

Heritage Bank Boosts Entrepreneurship With The Next Titan Season 6

SAN FRANCISCO, September 19, (THEWILL) - Heritage Bank Plc has thrown its usual support behind the organizer of The Next Titan, so as to have a better and improved season six of the programme. This year’s edition of the reality TV...

CBN Commences Charges On Cash Deposits

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The Central Bank of Nigeria has announced the commencement of charges on deposits in addition to already existing charges on withdrawals. According to a statement from the CBN, the charges, which takes effect today, September the 18th, will attract 3...

Oil Prices Shoot After Saudi Drone Attack

BEVERLY HILLS, September 17, (THEWILL) - Crude prices shot higher, Wall Street sank into the red on Monday, after weekend drone attacks knocked out much of Saudi Arabia’s oil production. The lower open threatened to break an eight-day winning streak for...

Fidelity Bank Donates Laboratory To Correctional Home

BEVERLY HILLS, September 15, (THEWILL) - Fidelity Bank Plc, top Nigerian lender has handed over a well-equipped, state-of-the-art Kitchen/Catering Laboratory for the use of students at the Girls Correctional Home, Idi-Araba, Lagos. The project, according to the bank, is a...

FG Earned N2trn In First Half Of 2019 – DG Budget Office

SAN FEANCISCO, September 11, (THEWILL) - The Federal Government earned two trillion naira as revenue from January to June 2019, Director-General of the Budget Office, Mr Ben Akabueze, has said. Akabueze disclosed this at the Public Consultative Forum on the...

Keystone Bank Partners Google, Facebook To Train MSMEs On Digital Marketing

BEVERLY HILLS, September 09, (THEWILL) - In demonstration of its commitment to consistently promote and support the growth and development of the real sector, Keystone Bank Limited has embarked on a series of capacity building trainings in digital marketing and...

Global Transactions Get Easier With FirstBank’s Card Offerings

BEVERLY HILLS, September 08, (THEWILL) - As in many developing countries, cash has been the most prevalent mode of payment in Nigeria until 2012 when the Central Bank of Nigeria (CBN) introduced the cashless policy with the aim of...

Nigeria’s GDP Declines In Second Quarter

SAN FRANCISCO, September 03, (THEWILL) - The nation’s Gross Domestic Product (GDP) declined to 1.94% in the second quarter of 2019. According to the second-quarter GDP report released by the National Bureau of Statistics (NBS), the GDP figure is 0.16...

H1 2019: Fidelity Bank Posts Double Digit Growth In Earnings, Profitability, Deposits, Loans

SAN FRANCISCO, September 02, (THEWILL) - Despite the country's challenging and fiercely competitive business environment, Fidelity Bank Plc delivered a solid financial performance in the first half of 2019, recording double-digit growth in key revenue lines whilst achieving significant...