The Dangote Group has emerged the most impactful player on Nigeria’s struggling economy. Its activities touch the five anchors of wealth creation: investment, employment, revenue, export and infrastructure in diverse ways.
By this, the firm has reduced the vulnerability of...
Based on their performance trajectory in the year, Nigeria’s four largest deposit money banks (DMBs) by assets, will raise the banking industry’s total assets with a minimum of N15 trillion in 2022, THEWILL findings have revealed. The four DMBs,...
There are strong indications that Tony Elumelu Foundation (TEF), a leading philanthropy and non-profit organisation, empowering African entrepreneurs, especially the youth, from all 54 African countries, will serve as a vehicle to actualise the dream of industrialising the continent...
December 12, (THEWILL) - The World Bank has said that Nigeria’s projected revenue of N9.73 cannot pay/service its debt in 2023 as the debt servicing will gulp well over 100 percent of the federal government’s earnings.
The new World...
The Central Bank of Nigeria (CBN)’s new policy on over-the-counter cash withdrawal limits as well as withdrawal limits for Automated Teller Machines (ATM) and Point of Sale (POS) terminals has widened the window for tax revenue.
The CBN had on...
December 11, (THEWILL) - The Lagos State Governor, Babajide Sanwo-Olu, has disbanded the Landed Properties Special Operations Team with immediate effect.
This was announced in a statement by the Commissioner for Information and Strategy, Gbenga Omotoso, on Saturday, December...
December 11, (THEWILL) - Following the completion of the acquisition of Sigma Pensions and First Guarantee Pension, by Access Corporation, both companies have now been unveiled as Access Pensions.
A statement said Access Pensions is a subsidiary of Access Corporation...
December 08, (THEWILL) - As commercial banks get set to receive the newly redesigned naira notes by December 15, cash deposits by customers have hit about N1 trillion, Nigeria’s Central Bank Governor, Godwin Emiefele, disclosed on Thursday.
Emefiele made this...
December 07, (THEWILL) - Afrinvest West Africa has outlined investment outlook for 2023 and how investors can explore the opportunities and guide against threats expected in the new year.
Speaking during the investor parley held on Wednesday in Lagos with...
December 05, (THEWILL)The Director-General of the Debt Management Office (DMO), Ms Patience Oniha, has stressed the need for Nigeria to operate an efficient tax administration to tackle revenue challenges.
Oniha said this at the 2022 Capital Market Correspondents Association of...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.