Business

NDIC, Others Harp On Banks, Fintech Collaboration Towards Nigeria’s $1trn Economy

September 29, (THEWILL) – For Nigeria to achieve the $1 trillion Gross Domestic Product (GDP) by 2026, the Nigeria Deposit Insurance Corporation (NDIC), among other stakeholders, have emphasised the need for banks and Fintech companies to collaborate and...

Nigeria’s Tax Revenue Expands on FIRS’ Tech-driven Reforms

September 29, (THEWILL) – The adoption of strong technology-driven reforms by the Federal Inland Revenue Service (FIRS) shows evidence of guaranteeing the growth trajectory of the nation’s tax revenue seen in the last five years. This must have...

Fuel Pricing, Inflation And Nigeria’s Economic Stagnation

Ask ZiVA 728x90 Ads
September 29, (THEWILL) – A few days ago, when the National Bureau of Statistics (NBS) released the inflation figures for August 2024, the Nigerian National Petroleum Company Limited (NNPCL) also issued a new fuel pricing template. Curiously, while the...

NBS Explains “Drop” in Nigeria’s Rising Unemployment Rate

September 29, (THEWILL) – Most Nigerians with access to the National Bureau of Statistics (NBS) website are getting confused and worried over the drastic drop in the country’s unemployment rate from the surge towards 40 per cent in 2020...

CBN Extends Suspension of Cash Deposit Processing Fees Till March 2025

September 29, (THEWILL) – The Central Bank of Nigeria (CBN) has extended the suspension of cash deposit processing fees from September 30, 2024 to March 31, 2025. The CBN disclosed this in a letter to banks and other financial institutions...

NDIC Boss Reiterates Commitment To Financial Service Stability

September 27, (THEWILL) – The Managing Director/CEO of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has re-emphasised the commitment of the Corporation towards ensuring financial service stability in the country. He also noted that the Corporation would remain...

BREAKING: CBN Further Raises Interest Rate To 27.25%

September 24, (THEWILL) – The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further raised the benchmark interest rate by 50 basis points from 26.75 percent to 27.25%. CBN Governor, Olayemi Cardoso, who disclosed this...

H1 2024: Access Holdings Expands Loan Book on Robust N36.5trn Assets Growth

September 23, (THEWILL) – Access Holdings Plc is expanding its loan book apparently to support the $1 trillion economy ambition of the Nigerian government through facilities to the real sector as its balance sheet soars. According to its audited earnings...

GFA Partners Wema, Sterling Banks On 10% Single Digit Loan For SMEs Operators In Ogun

September 22, (THEWILL) – GFA Technologies, a software company, and leading provider of innovative solutions in various fields has partnered with Wema Bank Plc and Sterling Bank, to provide over 30,000 Small and Medium Scale Enterprises (SMEs) in...

Maida Identifies Key Factors For Effective Telecom Service Delivery

September 22, (THEWILL) – The Executive Vice Chairman (EVC)/Chief Executive Officer (CEO), Nigerian Communications Commission (NCC), Dr. Aminu Maida, has emphsizsed on the need to adopt the four critical success factors in the pursuit of effective telecommunication service in...