Business

April 1, (THEWILL)- As Nigeria strives to excel in the world of technology, Heirs Technologies, a subsidiary of the Tony Elumelu majority-owned holding company, has said it will make the country a leading Business Process Outsourcing (BPO) destination in...

April 1, (THEWILL)- In an unyielding bid to maintain the lead in Nigeria’s banking industry space, Access Corporation Plc recorded a 78 percent growth in assets, which rose to N26.68 trillion in 2023 from N14.99 trillion in the prior...

March 30, (THEWILL)- Africa’s leading financial group, Access Holdings Plc, has unveiled plans to raise US$1,500,000,000.00 (One Billion, Five Hundred Million United States Dollars) or its equivalent. THEWILL reports that the plan is coming after the Central Bank of Nigeria...

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,...