Business

December 24, (THEWILL) - Nigeria’s Economic Management Team led by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that 31 states experienced severe food crises in 2024, with the North East region being...

December 23, (THEWILL) - There are strong indications that high inflation, interest and exchange rates constitute major macroeconomic challenges that would confront the manufacturing sector in the coming year - 2025. Since the inception of the Bola Tinubu administration on...

December 22, (THEWILL) - The Nigerian banking system, once celebrated as the backbone of the nation’s economy, is facing a glaring paradox. Customers walk into bank branches daily to access their funds, only to be told that cash is...

December 22, (THEWILL) - The Court of Appeal in Abuja has awarded N15 million as general damages against MTN Nigeria Communications Limited for disturbing its Nigerian customer’s phone number with unsolicited messages and callertunes, without the customer’s subscription to...

December 22, (THEWILL) - Amid prevailing economic hardship across the country, the National Pension Commission (PenCom) has embraced tech-driven initiatives in its regulation of the pension industry. This is in pursuit of its mandate of ensuring that retirement benefits...

December 18, (THEWILL) – The Senate, on Tuesday, passed for third reading, a bill seeking to increase the capital base of risk-based insurance companies. This followed the consideration and adoption of the recommendations of the report of a bill for...

December 18, (THEWILL) – The Central Bank of Nigeria (CBN) has set a daily withdrawal limit of N100,000 per customer on point-of-sale (PoS) terminals. This is coming amid growing concern that PoS mobile agents are capitalising on lingering cash scarcity...

December 16, (THEWILL) – United Bank for Africa through UBA Foundation, its corporate social responsibility arm, has donated the sum of N 500 million to the Lagos State Security Trust Fund as part of its continued commitment to secure...

December 16, (THEWILL) – Nigeria’s 36 states and the Federal Capital Territory (FCT) have been awash with cash in the past one year, following the surge in their share of the Federation Account Allocation Committee (FAAC).   However, this does not...

..Amid $1trn Economy Dream December 15, (THEWILL) - Two critical sectors, oil, gas and telecommunications (Telecom), recorded poor foreign investment performance in the third quarter of the year (Q3 2024), according to the National Bureau of Statistics (NBS) Capital Importation...