Business

June 16, (THEWILL)- The revenue accruing to the Federation Accounts Allocation Committee (FAAC)  via the Electronic Money Transfer Levy (EMTL)  dropped by 17.6 percent from N57.69 billion in Q1 2023 to N49.54 billion in Q3 2024. This is based on data...

It was in bad faith – Legal Expert It’s Response to Corporate Governance Rascality - Analysts June 16, (THEWILL)- Some stakeholders and industry experts have expressed different views on the controversy trailing the liquidation of Heritage Bank Limited, after...

June 14, (THEWILL) – Aiteo Eastern Exploration and Production Limited, one of Nigeria’s largest indigenous producers, has recorded crude sales of $325m about N471 billion in the first half of the year and could be on course to reach...

June 10, (THEWILL)- The Central Bank of Nigeria (CBN) has refuted reports of ongoing plans to revoke operational licences of Fidelity, Polaris, Wema and Unity Banks. The apex bank, in a statement through its Acting Director of Corporate Communications Department,...

June 10, (THEWILL)- Bravura Holdings – a firm owned by Nigerian tycoon Benedict Peters – plans to start production at a Zimbabwean lithium project early next year, a company official said. The miner remains committed to commissioning the Kamativi lithium...

June 10, (THEWILL)- In what looks like the first public confirmation of the ongoing mass sack of workers by the Central Bank of Nigeria, CNB, the affected employees on Sunday called to question the criteria used for their disengagement,...

June 10, (THEWILL)- With refined petroleum products beginning to flow from the newly completed 650,000 bpd Dangote Refinery in Lagos, it can be said that Africa’s richest businessman and President, Aliko Dangote, has achieved his goal of defying Africa’s...

June 9, (THEWILL)- Barely seven months after the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, gave a blanket clean bill of health to Nigerian banks in his keynote speech at the Chartered Institute of Bankers of Nigeria (CIBN)...

June 9, (THEWILL)- Nigeria’s premier financialinstitution and financial inclusion services provider has bagged two awards: Best SME Bank in Africa and Best SME Bank in Nigeria at the highly converted Asian Banker Global Excellence Retail Awards 2024. Th Excellence in...

June 9, (THEWILL)- In what appears to be another “bold” move to restore the economy on the path of sustainable growth and guarantee quality leaving standard for the citizens, the Federal Government recently unveiled two major policy initiatives it...