November 24, (THEWILL) - The Managing Director of the Bank of Industry (BoI), Mr. Olasupo Olusi, has disclosed that the bank has raised over $5 billion from international capital markets since 2017.
Olusi made this known at the BoI’s 65th-anniversary...
November 24, (THEWILL) - Many customers of Guaranty Trust Bank (GTB), have applauded the restoration of effective service delivery by the bank, following the completion of its tech-system upgrade. The bank had last month embarked on the upgrade of...
November 18, (THEWILL) - There are strong indications that the continued rise in Nigeria’s inflation rate is a threat to agribusiness -- key anchor of a struggling economy that is gasping for  breath, and yearning for diversification. The country has...
November 17, (THEWILL) - With the calming of nerves between Dangote Refinery and the behemoth Nigerian National Petroleum Company Limited (NNPCL), the nation can now relax over the anxiety that unending scarcity of petrol creates. While the pump price...
November 17, (THEWILL) - The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs).
CBN gave the directive in a circular to banks on Friday titled ‘Mystery shopping & spot checks on...
November 17, (THEWILL) - Wema Bank Plc, a lower-rung Tier-2 financial services institution, may face additional challenge of achieving effective national spread under the recapitalization policy initiated by the Central Bank of Nigeria (CBN).
The apex bank had on March...
November 16, (THEWILL) - The latest International Monetary Fund report on the economic outlook for sub-Saharan Africa has indicated that Nigeria’s ongoing economic reforms are struggling to deliver meaningful results, even 18 months after their implementation.
The report, presented...
November 11, (THEWILL) - There are indications that many Nigerian businesses will join the league of exited or closed firms in the coming year, mainly on account of high energy costs, both petroleum products and electricity, among other adverse...
November 11, (THEWILL) - The Kogi State Government says it has commenced processes leading to the establishment of a special economic zone with the status of a free trade zone to be located in the Ajaokuta economic development corridor...
November 11, (THEWILL) - The Special Adviser to the President on Energy, Olu Verheijen has urged investors to seize new opportunities in Nigeria’s energy sector, highlighting untapped potential and recent reforms to attract capital.
Speaking to a diverse audience, at...
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.