Business

March 03, (THEWILL)-  The Central Bank of Nigeria, CBN, has said it would sell Treasury Bills, TBs, worth N1.64 trillion for the second quarter 2024, Q2’24 on behalf of the federal government. This is contained in the apex bank’s Nigeria...

March 03, (THEWILL)-  The Central Bank of Nigeria, CBN, has revoked the licenses of 4,173 Bureau De Change Operators. According to the apex bank, the affected institutions failed to observe regulatory provisions. These, according to the bank, include payment of all...

March 03, (THEWILL)-  The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri on Thursday in Abuja inaugurated the 4th Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB). The NCDMB Governing Council is set up under...

March 03, (THEWILL)- Transcorp Power is set to debut on the Nigerian Exchange Limited (NGX), boasting a market capitalisation of N1.8 trillion. The company is a member of the Transcorp Group, which includes Transcorp Hotel, equally listed as a separate entity. The...

March 03, (THEWILL) - Mr Ambrose Agada is a transporter and trader at the popular Ile-Epo Food Market in Alimosho Local Government Area of Lagos State. Every day, since the past three weeks, he watches helplessly as his record...

March 03, (THEWILL)- President Bola Tinubu on February 22, 2024 approved the appointment of a new management team for the Asset Management Corporation of Nigeria (AMCON). The four-man team included Gbenga Alade, Managing Director/CEO and three executive directors, namely...

March 01, (THEWILL) - MTN Nigeria Plc suffered foreign exchange losses amounting to N740 billion in FY 2023, against N81 billion reported in the previous year 2022. This resulted to a loss before tax of N177.8 billion compared to...

March 01, (THEWILL) - The Central Bank of Nigeria (CBN) has revoked the operational licences of 4,173 Bureaux De Change (BDC) Operators. Mrs. Sidi Ali Hakama, the Acting Director, Corporate Communications at the apex bank, who disclosed this in a...

March 01, (THEWILL) - The Federal Government is demanding at least $10 billion from a cryptocurrency trading platform, Binance, in retribution for the damage caused to the Nigerian foreign exchange market, Special Adviser to the President on Information and...

April 1, (THEWILL)- VDF Group Plc has stressed the need for increased financing for the entertainment and media industry to boost foreign exchange earnings and economic development. The Managing Director of Splitar Limited, Mr Folagbade Adeyemi, stated this while speaking...