Business

Fidelity Private Bank Wins At PWM Global Wealth Tech Awards

Fidelity Bank won the 'Best Digital Networking Bank For Entrepreneurs, Africa 2019' at 2019 PWM Wealth Tech Awards held in London, United Kingdom (UK) recently. Organized by Professional Wealth Management (PWM), a Financial Times Publication, the awards celebrate excellence in...

DMO Puts Nigeria’s Public Debt Stock At N24. 947trn

SAN FRANCISCO, July 10, (THEWILL) - Nigeria’s total debt has increased by 2.3% to N24.947 Trillion (US$ 81.274 Billion) as of March 31, 2019. The Debt Management Office (DMO) released the figure on Wednesday morning noting “the Total Public Debt grew...

Airtel Africa Goes Live On NSE, Rallies N136.4b On Listing Day

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SAN FRANCISCO, July 10, (THEWILL) - Airtel Africa Plc started trading on the Nigerian Stock Exchange (NSE) on Tuesday with a strong enthusiasm, rallying N136.4 billion gain in the immediate hour after its shares were listed on the Exchange. It's...

Court Restrains SEC From Enforcing Fine Against Oando, Appointing Interim Management

BEVERLY HILLS, July 08, (THEWILL) - The Federal High Court in Lagos has restrained the Securities and Exchange Commission (SEC) from enforcing a fine of N89, 675,000 against Oando Plc and enforcing its decision to appoint an interim management team...

NSE Postpones Airtel Africa Listing

SAN FRANCISCO, July 05, (THEWILL) - The Nigerian Stock Exchange (NSE) on Friday postponed the planned cross border secondary listing of 3,758,151,504 ordinary shares of Airtel Africa. The Exchange, in a mail, said that the postponement was necessitated by the need...

Foreign Investment Into Nigeria Rises By 34% To $8.5bn In First Quarter

SAN FRANCISCO, July 03, (THEWILL) - The National Bureau of Statistics (NBS) has revealed that the total Foreign Investment into the country rose by 34.6 percent year-on-year to $8.5 billion in the first quarter of the year (Q1’19). It disclosed this...

FIRSTBANK: Inspiring Kindness, Empathy With Spark

What wisdom can you find that is greater than kindness? Asked renowned philosopher, writer and composer, Jean-Jacques Rousseau in one of his writings while highlighting the importance of the simple yet impactful act. According to a health fact sheet produced...

Nigerian Renewable Energy Solutions Provider, Arnergy, Seals Top Notch Financing Deal

SAN FRANCISCO, June 24, (THEWILL) - Nigerian distributed utility company, Arnergy, on Monday announced it has raised $9 Million in a series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for...

Titan Trust Bank Set To Redefine Retail Banking In Nigeria

Barring any last-minute changes, one of the five new banks licensed by the Central Bank of Nigeria (CBN), Titan Trust Bank Limited, is set for entry into the Nigerian banking industry in grand style, in a matter of weeks. Led...

Firstbank Joins International Auditors In Africa To Promote Risk management Efficiency

The Institute of Internal Auditors (IIA) Nigeria, led by Uduak Udoh, its Chairman/President and Chief Audit Executive, First Bank of Nigeria Limited joined other Chief Audit Executives and Internal Audit practitioners and professional across Africa at the 6th Annual...