Business

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

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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...

Eid-El-Fitr: Bank Customers Decry Poor Network, Insufficient Funds In Atms

Bank customers in the Federal Capital Territory (FCT), on Tuesday decried poor network and insufficient funds in most Automated Teller Machines (ATMs). The News Agency of Nigeria (NAN) reports that at the time of filing this report, many customers were...

Fidelity Bank Restates Commitment To Youth Development

SAN FRANCISCO, June 03, (THEWILL) - Managing Director /Chief Executive Officer, Fidelity Bank Plc, Nnamdi Okonkwo, has described sport as a strong element in youth development. Okonkwo stated this at the closing ceremony of the Anambra State U13/U17 Academicals which...

EFCC Probes MTN’s Listing On NSE

SAN FRANCISCO, May 26, (THEWILL) - Telecommunications giant, MTN Nigeria, has revealed its listing on the Nigerian Stock Exchange (NSE) is the subject of an enquiry by the Economic and Financial Crimes Commission (EFCC). MTN, which was listed on the...