Sam Diala, THEWILL

Nigeria imported palm oil to the tune of N28.16 billion in the first six months of 2022, as the value of agricultural commodities shipped into the country maintained an upward trend. Palm oil falls under the nation’s foreign exchange...

September 15, (THEWILL) – Access Holdings Plc has released its half-year 2022 financial result posting gross earnings of N591.803 billion for its 2022 half-year results, representing a growth of 31.42 percent year-on-year. In its unaudited half-year financials submitted to the...

September 15, (THEWILL) – The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, has said that the bank’s consistent investment in strengthening its digital channels have been paying off as UBA is well-positioned to...

September 12, (THEWILL) – Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, on Monday announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with...

Nigeria stands a better chance of actualising its 2024 financial inclusion target and boosting the micro, small and medium enterprises (MSMEs) ecosystem, as Globacom’s Money Master joins the emerging league of payment service bank (PSB) providers in days ahead. In...

September 08, (THEWILL) – Nigerian banks’ borrowings from the Central Bank of Nigeria (CBN’s) Standing Lending Facility (SLF) increased to N737.05 billion in May 2022 from N612.43 billion in the previous month, according to the CBN latest monthly economic...

September 08, (THEWILL) – Indications have emerged that the Central Bank of Nigeria (CBN) has begun moves against beneficiaries of its Anchor Borrowers Programme (ABP) who have defaulted in their loan repayments. This development follows the action by NIRSAL Microfinance...

September 06, (THEWILL) - The Central Bank of Nigeria (CBN), the Nigeria Export-Import (NEXIM) Bank, the Nigeria Sovereign Investment Authority (NSIA), and Heritage Bank PLC, among others, have reiterated their commitment toward improved local productive activities that will boost...

The financing and capacity building support offered by the Development Bank of Nigeria (DBN) to small and medium enterprises (SMEs) will enable the operators to step up their activities in the real sector value-chain. This is more significant in...

September 02, (THEWILL) - In the month of August 2022, the Central Bank of Nigeria (CBN) sold a total of N446.15bn in Treasury bill auctions. This was 9.47% higher than the N407.55bn allotted in June. Specifically, for the 91-day tenor,...