Business

February 04, (THEWILL) – The Central Bank of Nigeria has announced the extension of the sale period of foreign exchange to Bureau de Change operators until May 30, 2025. The development was disclosed in a circular issued on Monday, signed...

February 03, (THEWILL) – In a dramatic twist of events, Electronic Money Transfer Levy accelerated by 107.23 percent in December, 2024, to N31.21 billion from N15.06 billion recorded in the preceding month of November. Compared with the equivalent period of...

-As GTCO Positions for Market Share Consolidation February 02, (THEWILL) – Investors in Nigeria’s stock market hummed delightful tunes to mark an impressive performance by the domestic bourse which enriched them with almost N2 trillion in January 2025. The development marked...

February 02, (THEWILL) – The National Agency for Science and Engineering Infrastructure (NASENI) has celebrated its Executive Vice Chairman/Chief Executive Officer, Khalil Suleiman Halilu, for being honoured with the Young Global Leader Award by ThisDay Newspaper during its recent...

February 01, (THEWILL) – Access Holdings Plc has announced the appointment of Mr Uche Orji, as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc. A statement by the company secretary, Sunday Ekwochi, said the appointment, which takes...

March 01, (THEWILL) – To enhance the availability of digital payment services to Nigerians, Moniepoint Inc has announced a strategic partnership with Afrigopay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System (NIBSS), to further enhance...

January 30, (THEWILL) – Electronic payment transactions in Nigeria rose to an all-time high of N1.07 quadrillion in 2024 – a point never witnessed in the nation’s financial services history. A quadrillion is an equivalent of N1,000 ...

January 28, (THEWILL) – The Debt Management Office (DMO) has refuted claims that Nigeria’s public debt rose from N21 trillion to N142 trillion under President Bola Tinubu. Nigeria's public debt refers to the total amount of money the country owes...

January 28, (THEWILL) – The Central Bank of Nigeria (CBN) has formally launched the Nigerian Foreign Exchange (FX) Code, a guide to a transparent foreign exchange policy market. CBN Governor, Olayemi Cardoso, joined by Managing Directors of Deposit Money Banks...

January 28, (THEWILL) – The Central Bank of Nigeria (CBN) says it will hold its 299th Monetary Policy Committee (MPC) meeting on Monday, February 17 and Tuesday, February 18, 2025. The apex bank disclosed this in a statement titled: "Notice...