Business

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

Ask ZiVA 728x90 Ads
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...

Nigeria Lost N1.06trn Oil Revenue To COVID-19 – NNPC

BEVERLY HILLS, October 21, (THEWILL) - The Nigeria National Petroleum Corporation (NNPC) has revealed that the country’s oil revenue target declined by N1.06 trillion due to the COVID-19 pandemic. NNPC’s Group Managing Director, Malam Mele Kyari, made the disclosure during...

NSE Market Capitalization Drops As Lagos Boils

BEVERLY HILLS, October 21, (THEWILL) -  The Nigerian Stock Exchange (NSE) market indices on Wednesday recorded a marginal decline following wanton attacks by thugs in Lagos. Specifically, the market capitalisation which opened at N14.983 trillion declined by N113 billion to close...

NNPC Reduces Loss In 2019 Audited Financial Statement By 99.7%

SAN FRANCISCO, October 15, (THEWILL) – Five months after publishing its 2018 Audited Financial Statement, the Nigerian National Petroleum Corporation (NNPC) has released its 2019 Audited Financial Statement. A statement by the Corporation’s spokesman, Dr. Kennie Obateru, quoted the NNPC...

Nigeria’s Inflation Rate Increases To 13.71%

SAN FRANCISCO, October 15, (THEWILL) – The Nigerian inflation rate has risen to 13.71% (year-on-year) in September 2020 indicating 0.49% point higher than 13.22% recorded in August 2020. This was revealed in the Consumer Price Index (CPI) report, released by...

Stockbrokers Prepare Roadmap For Economic Revival

SAN FRANCISCO, October 14, (THEWILL) - Stockbrokers in Nigeria are set to prepare a roadmap on how the federal government can leverage the capital market to put Nigeria’s dwindling economy on sound footing. The brokers, who are doing this in...

W’Bank Predicts Subdued 0.3% 2021 GDP Growth For Nigeria

SAN FRANCISCO, October 14, (THEWILL) – The World Bank has projected a subdued growth of 0.3 per cent for Nigeria in 2021 as it also anticipated that Nigeria’s Gross Domestic Product (GDP) will contract by 4.1 per cent in...

G20 Finance Ministers, Central Bank Governors Hold Virtual Meeting

BEVERLY HILLS, October 14, (THEWILL) – G20 Finance Ministers and Central Bank Governors will hold a virtual meeting on Wednesday. Today’s meeting under the Saudi presidency will discuss how to support rapid, sustainable global economic recovery. The meeting will also focus on...