Business

Naira-For-Crude: Continuous Policy Designed To Support Local Refining – FG

April 09, (THEWILL) – The Federal Government has said the naira-for-crude initiative with local refineries is not a temporary measure but a “key policy directive designed to support sustainable local refining”. Introduced on October 1 2024, the deal allowed local...

Nigeria Records $6.83bn Balance Of Payments Surplus In 2024 As Net Financial Assets Hit $12.12bn – CBN

April 09, (THEWILL) – The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround from deficits of $3.34 billion in 2023 and $3.32...

Trade War: China Hits American Goods With 84% Tariffs In Response To Trump’s 104%

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April 09, (THEWILL) – China has announced additional tariffs of 84% on US goods after President Donald Trump's 104% tariffs on Beijing came into effect at midnight on Wednesday. THEWILL reported on Tuesday a White House statement intensifying the ongoing...

Agric Productivity Improving As We Tackle Insecurity – FG

April 09, (THEWILL) – The Federal Government says agricultural productivity is improving as a result of the successes being recorded in the fight against banditry, kidnapping and other forms of insecurity in the northern parts of the country. Such areas...

Fair Trade: US Defends 14% Tariff On Nigerian Exports

April 08, (THEWILL) – The United States has defended President Donald Trump’s decision to impose a 14% tariff on Nigerian exports, citing trade barriers created by Nigeria’s restrictions on 25 categories of American goods. US President, Donald Trump, last Wednesday,...

UPDATED: Pascal Dozie, Founder of Defunct Diamond Bank, Ex-Chairman of MTN Nigeria, Dies

April 08, (THEWILL) – Pascal Gabriel Dozie, founder of the defunct Diamond Bank Plc and a former chairman of MTN Nigeria, has died at the age of 85 from an undisclosed ailment, a source close to the family...

Fidelity Bank Plc Deepens Stability as Shareholders’ Funds Soar 105.32%

April 07, (THEWILL) – Fidelity Bank Plc consolidated its place in the top industry leadership league with its shareholders’ funds surging to N897.87 billion in FY 2024, from N437.30 billion in the previous year, constituting a 105.32 percent growth.   The...

NNPCL Without Mele Kyari’s Storytelling 

April 06, (THEWILL) – The change of baton at the Nigerian National Petroleum Company Limited (NNPCL) on April 2, 2025, ended the tenure of Mallam Mele Kyari as the Group Chief Executive Officer (GCEO) of the behemoth national oil...

NCC Unveils Draft Guidance on Unclaimed Recharges, Calls for Stakeholder Input

April 06, (THEWILL) – Following recent reforms, the  Nigerian Communications Commission (NCC) continues to promote initiatives that will ensure that  telecommunications operators offer quality service delivery to their consumers. Part of this measure is the Draft Guideline on Unclaimed Recharges to...

United Capital Plc Approves N14.4bn Dividend Payout at 12th AGM

April 06, (THEWILL) – United Capital Plc, a leading pan-African financial and investment services group, held its 12th Annual General Meeting (AGM) at the Transcorp Hilton Hotel, Abuja, where shareholders approved a total dividend payout of N14.4 billion for...