Business

NCDMB Honours Jonathan, Attah, Others With ‘Champions of Nigerian Content Awards’

May 25, (THEWILL) – Former President, Dr. Goodluck Ebele Jonathan has received the Nigerian Content Lifetime Achievement Award at the maiden edition of the inaugural Champions of Nigerian Content Award ceremony organized by the Nigerian Content Development and Monitoring...

Prioritise Local Investors, Domestic Investments Attract Foreigners – Dangote Charges Govt

May 22, (THEWILL) – The founder and President/Chief Executive of Dangote Group, Aliko Dangote, has charged the federal and state governments to prioritise local investors for economic development. Dangote gave the charge at the Taraba International Investment Summit in Jalingo,...

Stable Electricity, Security Key To Attracting Investment To Nigeria – Elumelu

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May 22, (THEWILL) – The Chairman of Heirs Holdings, Tony Elumelu, has highlighted stable electricity and improved security as  critical keys to attracting investments to Nigeria Elumelu spoke on Wednesday at the Taraba International Investment Summit in Jalingo,  organised by...

44th AGM: NAHCO Shareholders Upbeat As Board Announces Distribution Of N11. 58bn Cash Dividends

May 21, (THEWILL) – The Board of the Nigerian Aviation Handling Company (NAHCO) Plc has recommended distribution of N11.58 billion as cash dividends to shareholders for the 2024 business year, more than double of N4.95 billion distributed for...

BREAKING: CBN Retains Interest Rate At 27.50%

May 20, (THEWILL) – The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the benchmark interest rate at 27.50%. The benchmark interest rate, also called the monetary policy rate (MPR), determines the cost of borrowing...

Nigerian Banks Safe, Sound — CBN

May 20, (THEWILL) – The Central Bank of Nigeria has assured the public that the country's banking sector remains safe, sound, and resilient despite recent reports circulating on social media. In a statement on Monday, the Acting Director of...

Troubled Economy: DBN Unveils 5-Year Plan Towards MSMEs’ Expansion

May 19, (THEWILL) – The Development Bank of Nigeria (DBN) has unveiled a 5-year strategic plan to bolster the growth and expansion of the Micro, Small and Medium Enterprises (MSMEs) in the country amid a troubled macroeconomic environment.   The Bank’s...

Leveraging Technology, CBN Launches New Platform to Boost Home Remittances

May 18, (THEWILL) – Over the years, Nigerians abroad have experienced challenges in accessing the banking services at home to meet their various requirements. Aside from the lack of trust that permeates the environment, there is also the palpable challenge...

CSCS Launches USSD Code Service

May 18, (THEWILL) – The Central Securities Clearing System PLC (CSCS) has launched  the *7270#, its Unstructured Supplementary Service Data (USSD) code service.   The USSD code service is an innovative solution designed to enhance the ease and accessibility of investment services for...

FAAC: Electronic Money Transfer Levy Rises 81.57% Y-t-D In April 2025

May 18, (THEWILL) – The Electric Money Transfer Levy (EMTL) component of the Federation Accounts Allocation Committee (FAAC) rose by N53.71 billion in April 2025 hitting N119.55 billion.   This constitutes an 81.57 percent increase year-to-date compared to a total of...