Business

BREAKING: Cardoso, Deputies Take Oath Of Office, Resume New Roles At CBN

September 22, (THEWILL) - The new Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, assumed office today alongside his Deputies in acting capacity, pending their approval by the Senate. THEWILL reports that the oath of office was administered...

Tinubu Rings NASDAQ Closing Bell, Woos Investment For Nigeria

September 21, (THEWILL) – The World's second-largest stock exchange, the National Association of Securities Dealers Automatic Quotation System (NASDAQ), on Wednesday, in the world's financial capital, invited President Bola Tinubu to ring the closing bell, making him the first...

CBN Defers September 2023 MPC Meeting Amid Rates Hike Speculations

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September 21, (THEWILL) – The Central Bank of Nigeria (CBN) has announced that its bi-monthly Monetary Policy Committee (MPC) scheduled for Monday and Tuesday, September 25 and 26, has been deferred. Although no reason was given for the...

Seplat Energy Debunks Reports on Fraudulent Purchase Orders

September 20, (THEWILL) – Seplat Energy Plc has dissociated itself from reports of fraudulent activities involving purchase orders and requests for quotations. In the press release, Seplat noted that these fraudulent activities which are being circulated via emails, websites,...

NDIC to Pay Depositors of Defunct Peak Merchant Bank

September 20, (THEWILL) – The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors and ex-staff of the defunct Peak Merchant Bank that it has concluded arrangements to pay their first liquidation dividend. This was contained in a statement signed...

Tackling Digital Threats Requires Stakeholders’ Collaboration – UBA

September 20, (THEWILL) – Africa's Global Bank, United Bank for Africa (UBA), has said that stakeholders need to come together to checkmate growing threats to the country's digital payment system. The Head of Digital Banking at UBA,...

NCC Announces Change to Fixed Lines Numbering Format

September 20, (THEWILL) – The Nigerian Communications Commission (NCC), has announced new numbering format for fixed lines This is in keeping with its responsibilities under the enabling law, the Nigerian Communications Act (NCA) 2003, to manage Nigeria's numbering resources. ...

Dangote Refinery To Kick Off Petrol Refining November 30

September 19, (THEWILL) - The Dangote Refinery will kick off the refining of petrol by November 30, 2023, Devakumar Edwin, Dangote Group Executive Director, said on Monday. THEWILL reports that the refinery will also commence diesel and jet fuel refining...

Management Staff With Less Than 15 Months to Statutory Retirement to Exit NNPCL Today

September 19, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPCL) has put out a statement saying that all management staff with less than fifteen months to statutory retirement will be exiting the company today, September 19, 2023. ...

Equity Investors Gain N263bn As Naira Shrinks To N773.98/$ On I & E Window

September 19, (THEWILL) - Investors in Nigerian stocks witnessed a bullish trend that lifted the market to a N263 billion gain on Monday. The local bourse closed the day’s trading with a market capitalization of N37.14 trillion against N36.88 trillion...