Business

Mr. Obeahon Ohiwerei, Group Managing Director/CEO of Keystone Bank Limited, described as one of the fastest growing financial institutions in Nigeria, has opened up on the achievements of the bank in the last few months since assuming office. In an...

Volkswagen’s (VOWG_p.DE) supervisory suspended crisis talks to find a stand-in boss for its Audi brand which were convened after German authorities arrested current Audi Chief Executive Rupert Stadler as part of a probe into emissions test cheating. Stadler’s arrest on...

Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. The two companies described the investment announced on Monday as...

The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the CBN to approve Renminbi (Yuan) disbursements to its members to deepen the China-Nigeria Swap deal. Alhaji Aminu Gwadabe, President, ABCON, told the News Agency of Nigeria (NAN)...

SAN FRANCISCO, June 15, (THEWILL) - Fidelity Bank CEO, Mr. Nnamdi Okonkwo says the bank will catalyze growing opportunities in the Nigerian economy, to deliver good returns to shareholders in 2018. Speaking at the bank’s 30th Annual General Meeting (AGM)...

Nigeria’s inflation index for May dropped to 11.61% from 12.48% recorded in April, marking the 16thconsecutive decline and suggesting sustained traction of economic recovery, according to data released Wednesday by the National Bureau of Statistics (NBS). Food inflation dropped to 13.45% as...

Oil prices turned positive on Wednesday after a bigger-than-expected decline in U.S. crude inventories along with surprise drawdowns in gasoline and distillates indicated strong demand in the world’s top oil consumer. Earlier in the session, Brent and U.S. crude futures...

Nigeria’s central bank will start to auction the Chinese yuan within the next month at an exchange rate to be set via book building, an official said on Thursday, in an attempt to reduce its reliance on the U.S....

SAN FRANCISCO, May 31, (THEWILL) – Isaac Okoroafor, the acting Director, Corporate Communications, Central Bank of Nigeria (CBN) has revealed that the apex bank resisted suggestions to float the Naira when the country was battling with economic recession. Speaking at the...

SAN FRANCISCO, May 28, (THEWILL) - After many years in the doldrums and following its most recent acquisition by Sigma Golf - Riverbank consortium, the moves by the new management team at Keystone Bank Limited has begun yielding fruits. The Bank...