Business

Tony Elumelu Foundation Unveils 2024 Beneficiaries of Entrepreneurship Programme

March 22, (THEWILL)- The Tony Elumelu Foundation (TEF) on Friday announced the selection of 1,104 beneficiaries from 54 African countries for the 2024 edition of its annual entrepreneurship programme. At a well-attended ceremony held in Lagos with participants and invited...

Tony Elumelu Foundation Set To Announce 2024 Cohort of Its Flagship Entrepreneurship Programme

March 21, (THEWILL) - Leading philanthropy empowering African entrepreneurs, The Tony Elumelu Foundation (TEF), will on Friday, March 22, announce 1,200 African entrepreneurs across 54 African countries as beneficiaries of its flagship entrepreneurship programme. The new beneficiaries will become...

Access Bank to Acquire National Bank of Kenya

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March 21, (THEWILL) - Access Bank has signed an agreement to acquire the National Bank of Kenya from the KCB Group. This was announced by the Access Holdings’ secretary, Sunday Ekwochi on Wednesday after approvals from the central...

CBN Clears All Valid FX Backlog

March 20, (THEWILL) - The Central Bank of Nigeria (CBN), says it has settled all valid foreign exchange backlogs of US$7 billion its Governor, Olayemi Cardoso inherited. CBN Acting Director, Corporate Communications, Mrs Hakama Sidi Ali, who disclosed this in...

EXCLUSIVE: Nigeria’s Foremost Bank, Zenith Appoints Dame Adaora Umeoji as New Group Managing Director

March 19, (THEWILL)- Zenith Bank Plc, the country's most capitalised and most profitable bank, on Tuesday, appointed Dame Adaora Umeoji as the Group Managing Director effective June 2024, making her the first female to lead the bank, where she...

Address Anxiety Over Oil Exploration in Bauchi, Gombe, Group Urges Govt

March 18, (THEWILL) - The Renevlyn Development Initiative (RDI) has berated the Federal Government for failing to prepare oil-bearing communities in Bauchi and Gombe states for potential environmental and health impacts of oil exploration in the region. RDI position...

CBN Set To Disengage 19 Directors – Report

March 18, (THEWILL) - The Central Bank of Nigeria (CBN) has concluded plans to disengage the services of 19 directors towards “reorganisational and human capital restructuring” efforts. According to reports, seven of the directors had already been served disengagement letters...

NIMC, NCC Unveil Collaborative Efforts to Enhance NIN-SIM Linkage Processes

March 18, (THEWILL)- The National Identity Management Commission (NIMC) and the Nigerian Communications Commission (NCC) are pleased to announce a strategic collaboration aimed at enhancing processes related to the National Identification Number (NIN)-SIM linkage.   In recent times, the NIN-SIM linkage...

Nigeria: Finally, Hot Money is Here

March 17, (THEWILL)- It is no longer news that the continued collapse of the Naira in the foreign exchange (FX) market is already eliciting desperate and panicky measures from the monetary authorities. Unfortunately, the more such new initiatives are unleashed,...

Nigeria Becomes Africa’s Largest Importer of Refined Petrol From Europe – S&P

March 17, (THEWILL)- Analysts at S&P Global Commodity Insights have revealed that Nigeria has become the largest importer of refined petrol in Africa as petrol shipments from Europe to Africa increase. Crude oil shipments from the Middle East to Europe...