Business

March 10, (THEWILL)- The North East Development Commission (NEDC) has announced plans to introduce electric vehicles to ease challenges associated with intra and inter-state transportation in the region. The chairperson of the reconstituted governing board of NEDC, Paul Tarfa, a...

March 10, (THEWILL)- The Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu said the Agency would double the number of female Engineers in Nigeria over the next...

March 10, (THEWILL)- Transcorp Power PLC, the power generation spinoff of Transnational Corporation of Nigeria (Transcorp), advanced 10 per cent in market value on its debut in Lagos last week. The company’s shares closed at a cumulative value of N1.98...

March 10, (THEWILL)- The Manufacturing Association of Nigeria (MAN) has revealed a disturbing trend within its sector arising from the current economic crisis. The group, in a recent report said about 767 manufacturing companies shut down operations while 335 experienced...

March 10, (THEWILL)- Going by available data, over N5 trillion intervention projects birthed by the Central Bank of Nigeria (CBN), through its development finance department, are now in limbo. This followed the policy shift by the new leadership of...

March 08, (THEWILL)- The Central Bank of Nigeria (CBN) reportmed a significant increase in foreign exchange inflow into the economy in February 2024, with marked increments in remittance payments by Nigerians overseas and purchases of naira assets by foreign...

March 07, (THEWILL)- The Federal Airports Authority of Nigeria (FAAN)  has notified all affected businesses in the Port Harcourt International Airport about its planned relocation of their operations. The management of the Port Harcourt International Airport, on its part, disclosed...

March 07, (THEWILL)- The Securities and Exchange Commission (SEC) says it has developed new guidelines for licensing, registration and screening of digital and virtual assets service providers (VASPs). The SEC in a statement said the new measures would ensure that...

March 07, (THEWILL)- The Central Bank of Nigeria (CBN) has mandated Microfinance banks, Primary Mortgage Banks (PMBs) and Development Financial Institutions (DFIs) to ensure they submit their financial returns monthly through the FinA application or risk sanctions. The CBN disclosed...

March 07, (THEWILL)- In a bid to boost start-up capital and place more resources at the disposal of aspiring young entrepreneurs in Nigeria, retail lender, Unity Bank Plc has increased the prize money for winners of its flagship Entrepreneurship Development...