Business

August 28, (THEWILL) – The International Monetary Fund (IMF) has urged Nigeria to close structural gaps by reducing governance and business regulation bottlenecks by 25 percent, saying the Gross Domestic Product (GDP) output can be lifted by 6.4...

August 27, (THEWILL) – Nigeria’s key revenue and employment generating sectors are struggling to achieve enhanced and sustainable growth as the economy grapples with multi-faceted challenges. The affected sectors include oil, agriculture and manufacturing. According to data by the National...

August 27, (THEWILL) – The Federal Government has disclosed plans for the potential merger of Arik Air and Aero Contractors, into a national carrier. The Asset Management Corporation of Nigeria (AMCON) disclosed this during a meeting with media executives...

August 27, (THEWILL) – A former relationship manager at First Bank of Nigeria (FBN), Adesuwa Ezenwa, has alleged that billions of naira in loans were diverted to companies linked to Oba Otudeko during his reign as chairman of...

August 26, (THEWILL) – Operating and related expenses of the Nigerian National Petroleum Company Limited, NNPCL, witnessed a significant increase in 2023, while it superintended over four resource-gulping idle refineries and engaged in massive importation of refined petroleum products. The...

August 25, (THEWILL) – After the Nigerian Government’s numerous promises to give Nigerians a working refinery and her failure to fulfil it, notwithstanding our status as the largest producer of crude oil in Africa, the current antagonisation of Dangote...

August 25, (THEWILL) – The Development Bank of Nigeria (DBN) has officially launched the 2024 edition of its flagship Annual DBN Entrepreneurship Training Program (DBNETP), aimed at equipping Micro, Small, and Medium Enterprises (MSMEs) in Nigeria with the necessary...

August 25, (THEWILL) – The fate of Nigeria’s electricity consumers under the estimated billing system is shrouded in uncertainties following the astronomical increase in the cost of electricity meter. Estimated customers refer to the system of arbitrary charging against unmetered...

August 25, (THEWILL) – FCMB Group, a foremost financial services holding company, posted impressive results for its half year 2024 operations. The remarkable performance, which reflects a positive trajectory towards a triple-digit growth in the recapitalization environment, underscores its...

August 21, (THEWILL) – Afrigopay Financial Services Limited (AFSL) has announced the successful launch of instant POS settlement for AfriGO card transactions, marking a significant advancement in the global payment landscape. This pioneering service provides merchants with...