Business

Keystone Bank Rewards Customers Via ‘Growbiz Account Save And Win’ Promo

SAN FRANCISCO, October 03, (THEWILL) - As part of efforts aimed at expressing appreciation to its loyal customers whilst engendering a good savings culture in the country, Keystone Bank Limited has launched a new savings promo tagged ‘Keystone Growbiz...

NNPC Hands Over Stakes In Three Oil Assets To NPDC

BEVERLY HILLS, September 26, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) has signed an agreement with Nigeria Agip Oil Company (NAOC) and Oando, for the transfer of NNPC’s stake in three oil wells, Oil Mining Lease, OML, 61,...

World Bank’s Georgieva Becomes First IMF Chief From Emerging Economy

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A center-right politician who grew up in Bulgaria under Communism, Georgieva built a reputation during her time at the World Bank - where she has been on a leave of absence from her post as chief executive officer during...

British Travel Firm Thomas Cook Collapses, Stranding Hundreds Of Thousands

The world’s oldest travel firm Thomas Cook (TCG.L) collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history. The liquidation marks the end of one of Britain’s oldest...

Daily Petrol Usage Drops By 11 Million Litres After Border Closure – PPPRA

SAN FRANCISCO, September 22, (THEWILL) - The Petroleum Products Pricing Regulatory Agency (PPPRA) has disclosed that the country’s daily consumption of petrol dropped from about 61 million litres to 50.22 million litres following the partial closure of Nigeria’s western...

CBN MPC Retains MPR At 13.5%

BEVERLY HILLS, September 21, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 13.5%. This is the sixth month the apex bank has maintained the rate after it...

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

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...