Business

August 08, (THEWILL) – The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the proper functioning of the foreign exchange (FX) market by enhancing liquidity when necessary. In a significant move, the apex bank offered $876...

August 07, (THEWILL) – Heirs Insurance Group (HIG), Nigeria's fastest-growing insurance provider, has announced the appointment of Ibrahim Puri and Sonny Iroche, as Independent Non-Executive Directors of its non-life insurance business, Heirs General. Ibrahim Puri is an accomplished financial services...

August 06, (THEWILL) – GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively, accorded to Dangote Industries Limited (DIL). In its recent report, GCR also affirmed the national scale long-term issue...

August 05, (THEWILL) – The prospects of expanding tax revenues and job opportunities are slimming down as Nigeria’s major service and consumer good firms reported massive operating losses in their operations during the first half of 2024. Operating results of...

August 04, (THEWILL) – The Nigerian Foreign Exchange Market (NAFEM) recorded a total of $4.79 billion turnover in the month of July, according to data obtained from the FMDQ platform. The figures tracked by THEWILL during the 25 trading days...

August 04, (THEWILL) – Wema Bank Plc posted impressive results for its 2024 half year operations ended June 30. This will trigger a quantum leap towards an enhanced milestone in the current recapitalisation exercise to the delight of the...

August 03, (THEWILL) – The Central Bank of Nigeria (CBN) has announced plans to hold a Retail Dutch Auction System (RDAS), on August 7, 2024, to sell foreign exchange to end-users through authorised dealer banks. In a circular, the...

August 01, (THEWILL) - It has been observed that Nigeria, as a country, needs a new and sustainable aviation business policy that drives growth, and positions the nation for the coming common trade area for goods, services and...

July 30, (THEWILL) - Access Bank Plc has been honoured at the Euromoney Awards for Excellence 2024, having been named Nigeria and Ghana’s Best Bank for Environmental, Social and Governance (ESG). These accolades highlight the bank’s outstanding performance and...

July 30, (THEWILL) - Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer, in compliance with the revised minimum capital requirements for Nigerian commercial banks introduced by...