Business

Halilu Tasks NASENI Finance Managers On Effective Resource Management

May 15, (THEWILL)- The Executive Vice Chairman and Chief Executive Officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, has underscored the importance of effective resource management, emphasising the Agency's responsibility in administering public...

We’re Not Responsible For Naira Depreciation – BDCs

May 15, (THEWILL)- As the Economic and Financial Crimes Commission (EFCC) intensifies the clampdown on Bureau De Change (BDC) operators over the continued depreciation of the naira, members of the Association of Bureau De Change Operators of Nigeria (ABCON)...

CBN To Hold MPC Meeting May 20

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May 14, (THEWILL) - The Central Bank of Nigeria (CBN), says it will hold its 295th Monetary Policy Committee (MPC), meeting on Monday, May 20 and Tuesday, May 21, 2024 The apex bank disclosed this on Tuesday, in statement,...

Unilever Nigeria Shareholders Approve N4.3bn Dividend

May 14, (THEWILL)- Despite the challenging operating environment, shareholders of Unilever Nigeria Plc have approved a N4.3 billion dividend for the 2023 financial year. The shareholders approved the dividend at the company’s 99th Annual General Meeting (AGM) held in Lagos. The...

CBN To Transfer N5.5trn Development Finance Activities To Private Banks, DFIs

May 14, (THEWILL)- The Central Bank of Nigeria (CBN) is set to undergo a major operational overhaul, aiming to transfer about N5.5 trillion in development finance activities to a combination of private banks and Development Finance Institutions (DFIs). According to...

Cybersecurity Levy: SERAP, BudgIT, 136 Nigerians Drag CBN to Court

May 13, (THEWILL)- The Socio-Economic Rights and Accountability Project (SERAP), BudgIT and 136 concerned Nigerians have filed a lawsuit against the Central Bank of Nigeria (CBN) “over its failure to withdraw the patently unlawful ‘Circular’ directing all banks and...

Electricity Crisis: Why Unbundling of TCN May Offer no Reprieve

May 13, (THEWILL)- Electricity Consumers, industry experts, insiders and other stakeholders have expressed the doubt about the relevance of the recent unbundling of the Transmission Company of Nigeria (TCN) into two entities in solving the notorious electricity challenge that...

Telecoms: NCC Must Tackle SIM Boxing Crime Syndicate

May 12, (THEWILL)- SIM boxing happens when a person uses a special equipment, what is called a SIM Box containing tens to hundreds of SIM Cards—from 32, to 96, to 512 and more SIMs —to terminate international calls by...

DBN Accelerate Disbursement to MSMEs, Prioritises Women And Youths as Conduit For Sustainable Economic Growth

May 12, (THEWILL)- As part of efforts aimed at improving access to finance for small business owners across the country, the Development Bank of Nigeria (DBN), says it has since inception disbursed more than N787 billion to over 495,000...

Refinery Repairs: Anxiety Mounts as Senate Announces 2025 Completion Target

May 12, (THEWILL)- After countless, yet unachieved, completion targets announced by the federal government and the Nigerian National Petroleum Company Limited  (NNPCL) in the past years, 2025 has been announced as the new completion target. This has triggered concerns...