Business

August 03, (THEWILL) – The Central Bank of Nigeria (CBN) has announced plans to hold a Retail Dutch Auction System (RDAS), on August 7, 2024, to sell foreign exchange to end-users through authorised dealer banks. In a circular, the...

August 01, (THEWILL) - It has been observed that Nigeria, as a country, needs a new and sustainable aviation business policy that drives growth, and positions the nation for the coming common trade area for goods, services and...

July 30, (THEWILL) - Access Bank Plc has been honoured at the Euromoney Awards for Excellence 2024, having been named Nigeria and Ghana’s Best Bank for Environmental, Social and Governance (ESG). These accolades highlight the bank’s outstanding performance and...

July 30, (THEWILL) - Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer, in compliance with the revised minimum capital requirements for Nigerian commercial banks introduced by...

July 30, (THEWILL) - The Federal Government has announced the suspension of import duties and taxes on essential food items to make basic necessities more affordable and address the prevalent issue of hunger in the country. Comptroller-General of the...

July 29, (THEWILL) - President Bola Tinubu has approved a new directive to promote the trade of crude oil using the local currency. The Federal Inland Revenue Service (FIRS) Chairman, Zacchaeus Adedeji, disclosed this to State House correspondents on Monday,...

July 29, (THEWILL) - Nigeria recorded a total of N1 trillion deficit in its trade balance with Malta in 2023, data gathered from the National Bureau of Statistics (NBS) reports has shown. Although Nigeria has significant trade...

July 28, (THEWILL) - Since May 2023 when it was commissioned by the then President Muhammadu Buhari, the Dangote Refinery, located in Lekki, Lagos, has remained Nigeria’s only hope for substantial local supply of petrol (Premium Motor Spirit, PMS)....

July 28, (THEWILL) - Wema Bank has introduced ‘AlatPay,’ a new platform designed to offer a secure end-to-end shopping experience for customers and instant settlement for merchants. The launch event took place recently in Lagos. ‘AlatPay’ is a fully integrated...

July 28, (THEWILL) - There are fears of an imminent food crisis as prices of basic items have skyrocketed – hitting over 250 percent in one year, according to a report by the National Bureau of Statistics (NBS). The report...