Business

October 05, (THEWILL) – The Central Bank of Nigeria (CBN) has sold a total of $543.5 million to authorised dealer banks between September 6 and 30, 2024, to reduce market volatility driven by high demand for commodity importation and...

October 03, (THEWILL) – Access Bank Plc, one of Africa’s leading banks, has reinforced its dedication to advancing women’s empowerment across Southern Africa with the relaunch of its ‘W’ Initiative in Zambia and Botswana. The ‘W’ Initiative, which provides...

October 03, (THEWILL) – Vice President Kashim Shettima has commended the Development Bank of Nigeria Plc (DBN) for its laudable impact on the micro, small and medium enterprises (MSMEs). The Vice President made this remark at the 5th DBN...

October 03, (THEWILL) – Davnotch Nigeria Limited has asked the Federal High Court, Lagos, to bar West Power and Gas/WPG, the majority shareholder in Eko Disco, from selling or transferring its stake in “Eko Disco” until its shares...

October 03, (THEWILL) – The Federal Government has announced Value Added Tax (VAT) exemptions for various energy products, including diesel, Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), and electric vehicles, among others. Minister of Finance and Coordinating Minister...

September 30, (THEWILL) – Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the half year ended June 30, 2024, showing impressive performance across some key financial indicators. A press statement issued...

September 30, (THEWILL) – While Nigeria struggles to service the huge loan obtained to build and expand the railway sector, reports indicate that officials of the Nigerian Railway Corporation (NRC) have remained adamant in their notorious acts of revenue...

September 30, (THEWILL) – The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. Announcing the approval in a statement on Monday, the bank said the funds will support Nigeria in strengthening human capital...

September 29, (THEWILL) – The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has concluded his participation in the high-level Bretton Woods at 80 Forum, where he represented Africa’s interests on the global financial stage. The forum, organised...

September 29, (THEWILL) – The Chief Financial Officer (CFO) of Parthian Partners Limited, Mr. Olayinka Arewa, has expressed confidence that the ongoing banking recapitalisation will be successful. Arewa stated this at the annual workshop of Finance Correspondents Association of Nigeria...