Business

MTN Nigeria Unveils Africa’s First AI Powered Chatbot

February 25, (THEWILL) - MTN Nigeria has said it has successfully integrated OpenAI on the MTN Zigi Chatbot. in alignment with our core belief that everyone deserves the benefits of a modern, connected life, This heralds a groundbreaking standard for...

NCC To Deploy Digital Technology In Regulating Telecom Industry – Maida

February 25, (THEWILL) - The Executive Vice Chairman of the Nigerian Communication Commission (NCC), Dr Aminu Maida, has said that the Commission will, at all times, be acting within the law that set it up to regulate the...

CBN Restructures Operations Of BDCs, Fixes N2bn Share Capital For Tier-1 License

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February 25, (THEWILL) - The Central Bank of Nigeria (CBN) is mulling an increase in the share capital of Bureau De Change (BDC) operators to N2 billion and N500 million for Tier 1 and Tier 2 licenses respectively. It...

PH Refinery: Senate Probe Joke Resonates As February Ends

February 25, (THEWILL) - Another month, February 2024, comes to an end this week without the embattled Port Harcourt Refinery starting production. This is two months after the Federal Government had repeatedly assured Nigerians that the unending-repairs of the...

FIRS: Non-Oil Revenue Projected To Hit N20trn On Aggressive Tax Reforms

February 25, (THEWILL) - Nigeria’s non-oil revenue, known for its tardy, clay-footed performance in previous years, has recorded exponential growth in the post-COVID-19 period. Data from the Federal Inland Revenue Service (FIRS) showed that the nation’s non-oil revenue soared...

FAAC Shares N1.149trn January Revenue To FG, States, LGs

February 22, (THEWILL) - The Federation Account Allocation Committee (FAAC), has shared a total sum of N1,149.816 trillion January 2024 Federation Account Revenue to the Federal, States and Local Governments. This was shared at the February 2024 meeting of the...

Elumelu Harps on Efficient Management of State-Owned Assets

FEBRUARY 21, (THEWILL) - Billionaire businessman and chairman, Heirs Holdings Group, Tony Elumelu, has advised officials charged with the responsibility of managing the state-owned assets to imbibe the culture of efficiency through a defined vision in order to...

Implications Of Nigeria Customs’ Cargo Duties Exchange Rate Hikes

February 18, (THEWILL) - In the past one week or so, the media have been abuzz with news about the hiking of the exchange rate (of the Naira against the dollar) at which Nigeria Customs duties/charges on imported goods...

Ecobank To Train One Million SMEs

February 18, (THEWILL) - Regional banking group, Ecobank, said it aims to train about one million small and medium enterprises (SMEs) in Nigeria this year, to improve their capabilities and stimulate growth. The Head of SME & Partnerships at Ecobank...

Nigeria’s Inflation Climbs To 29/9% On High Food Prices

February 18, (THEWILL) - Skyrocketing food prices pushed Nigeria’s annual headline inflation rate to 29.90% in January from 28.92% in December 2023, according to the National Bureau of Statistics (NBS) in its latest Consumer Price Index (CPI) report released...