Business

SAN FRANCISCO, August 20, (THEWILL) - Nigerian banks are hiring more staff, indicating that the sector is booming. The National Bureau of Statistics revealed in its latest report that the number of bank staff in the second quarter that ended...

SAN FRANCISCO, August 15, (THEWILL) - The Consumer Price Index (CPI), which measured inflation continued on downward trend in July by dropping to 11.14 per cent (year-on-year) from 11. 23 per cent recorded in the previous month. The National Bureau...

SAN FRANCISCO, August 06, (THEWILL) - Nigeria's Keystone Bank Limited shone brightly at the International Banker Awards, 2018 as it emerged winner in two categories beating other nominees and carting away the prize for “Africa’s Best Customer Service Provider”...

Three banks and two aircraft leasing firms have served default notices on Air India over the last few weeks, the Business Standard newspaper reported on Monday, raising concerns about the government-owned carrier’s state of finances and credit-worthiness. San Francisco, United...

U.S. stock index futures dipped late on Sunday ahead of a week when more than 140 S&P 500 companies, including Apple Inc (AAPL.O), will report earnings. At 9:07 p.m., S&P 500 e-minis EScv1 were down 0.18 percent, Dow Jones e-minis...

A big drag on Singapore’s growth in recent years, the embattled offshore and marine industry, has broken a three-year losing streak. Yet industry executives aren’t betting on a return to the glory days anytime soon. The industry, along with a...

SAN FRANCISCO, July 24, (THEWILL) - Keystone Bank Limited has added to its growing list of laurels as the lender recently emerged ‘Africa’s Most Innovative Bank of the Year, 2018’ at the prestigious European Global Banking and Finance Awards...

JPMorgan (JPM.N) and Morgan Stanley (MS.N) have been picked to advise on Saudi Aramco’s plan to buy a controlling stake in petrochemical maker SABIC 2010.SE, several sources familiar with the matter said. Aramco aims to buy such a stake, possibly...

BEVERLY HILLS, July 17, (THEWILL) - The International Monetary Fund (IMF) has upgraded its growth rate forecast for Nigeria’s Gross Domestic Product (GDP) in 2019 to 2.3 percent, while retaining 2.1 percent for 2018, citing improved crude oil prices. The IMF...

Africa’s richest man, Aliko Dangote, plans to start selling gasoline, diesel and aviation fuel by early 2020 from an oil refinery he’s building near Lagos, Nigeria’s commercial capital. The $10 billion refinery, set to be one of the world’s largest...