Business

March 27, (THEWILL) - Access Corporation, Nigeria’s largest finance holding company has reported a profit after tax of N612.4 billion up 300% from the year before. This is the largest profit ever posted by the company and presided over...

March 27, (THEWILL) - President Bola Ahmed Tinubu has approved the establishment of the Presidential Economic Coordination Council (PECC) and the creation of the Economic Management Team Emergency Taskforce (EET). A statement by Ajuri Ngelale, Special Adviser to the...

March 27, (THEWILL)- The board of Eko Electricity Distribution Company (EKEDC) has debunked media reports that its Managing Director/Chief Executive Officer (MD/CEO), Dr Tinuade Sanda, has been relieved of her duties. The EKEDC’s statement followed reports making the rounds that...

March 26, (THEWILL) - The Federal Executive Council (FEC) has granted its consent for the disbursement of N60 billion from the Central Bank of Nigeria via the Agric Small and Medium Enterprises Investment Scheme. This is aimed to boost...

March 26, (THEWILL) - In keeping with its inflation-targeting framework, the Central Bank of Nigeria (CBN), on Tuesday, raised the interest rate (also called monetary policy rate) by 200 basis points from 22.75 percent it put it last...

March 26, (THEWILL) - The Central Bank of Nigeria's Monetary Policy Committee, after its 2-day meeting in Abuja, on Tuesday, voted to raise interest rate to 24.75% from 22.75%, in another aggressive move to tame hyper-inflation. THEWILL reports that...

March 25, (THEWILL) - The Central Bank of Nigeria (CBN) has sold $10,000 to each Bureau De Change (BDC) operator at the rate of N1,251/$1. The apex bank, in a statement issued by its Director, Trade and Exchange Department,...

March 25, (THEWILL)- Shareholders of Ecobank Transnational Incorporated (ETI) have cause to entertain strong optimism as the value of the company’s stock recorded strong price valuation in the first quarter of 2024. This is a positive development amid headwinds...

March 25, (THEWILL)- The new National Agency for Science Engineering Infrastructure (NASENI) has unveiled a new corporate identity in line with the repositioning of the Agency.   The new corporate identity comprises a newly redesigned logo tagged ‘NASENI: Infinite Possibilities’ and...

March 25, (THEWILL)- Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has called for a coordinated and multilateral approach by the region to protect shared telecommunications infrastructure, and diversify connectivity...