Business

FIRS Chairman Stresses Importance Of Armed Forces’ Support In Revenue Collection

January 30, (THEWILL) - The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, on Tuesday, called for the strengthening of the existing symbiotic relationship between the FIRS and the Armed Forces in the country. Mr Adedeji...

IMF Upgrades Global Growth Forecast, Citing U.S. Resilience And Policy Support In China

January 30, (THEWILL) - The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy and fiscal support measures in China. It now sees global growth in 2024 at 3.1%, up...

You Have Not Fully Cleared the Backlog, IATA Responds to CBN on Foreign Airlines’ Blocked Funds

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January 30, (THEWILL) - The International Air Transport Association (IATA) has reacted to the statement by the Central Bank of Nigeria (CBN) that it has fully cleared the backlog of blocked funds owed the international airlines. The CBN had...

BREAKING: CBN Concludes Payment Of All Verified FX Backlog To Foreign Airlines

January 30, (THEWILL) – The Central Bank of Nigeria (CBN), has concluded the payment of all verified claims of backlog of foreign exchange owed to foreign airlines, with an additional $64.44 million to the concerned airlines. Acting Director of Corporate...

NNPCL Withheld No Public Funds — Kyari

January 29, (THEWILL) - The Group Managing Director of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mallam Mele Kyar, has declared that the national oil establishment had not failed to remit statutory oil income to the Federation...

Maida Applauds Katsina Gov Over Telecom Right of Way Policies

January 29, (THEWILL) - The Executive Secretary, Nigerian Communication Commission (NCC), Aminu Maida, has commended Katsina State Governor Dikko Umaru Radda for his proactive approach to waiving Right of Way (RoW) charges for telecom firms Maida, who disclosed this at...

CBN Injects $500m Into Forex Market, – To Clear Backlog Soon

January 29, (THEWILL) -The Central Bank of Nigeria (CBN) has injected another $500 million into the market.in a move aimed at addressing the persistent backlog of verified foreign exchange transactions, THEWILL recalls that the apex bank had injected approximately $2...

CBN Clears More FX Liabilities Backlog, Releases $500m To Various Sectors

January 29, (THEWILL) - The Central Bank of Nigeria (CBN), has released $500 million to various sectors in its determination to address the backlog of verified foreign exchange transactions,  This comes barely a week after the Bank paid approximately $2.0...

FIRS Concludes Strategic Meeting Amid High Performance Scorecard

January 28, (THEWILL) - The Federal Inland Revenue Service (FIRS) concluded its two-day strategic meeting last Wednesday-Thursday in Abuja where it showcased its exceptional performance scorecard. The report showed that the revenue agency collected a record N12.374 trillion as tax...

Expert Lauds Domination Of Equities Market By Local Investors

January 28, (THEWILL) - The Managing Director/Chief Executive of Arthur Steven Asset Management Limited, Mr Olatunde Amolegbe, has commended the rising profile of domestic players against foreign investors on the Nigerian Exchange. He noted that the development will guarantee the...