Business

June 03, (THEWILL) - Dr Isa AbdulMumin has been confirmed as the substantive director, Corporate Communications of the Central Bank of Nigeria (CBN). AbdulMumin was in February appointed the acting director of the department, taking over from Mr Osita Nwanisobi,...

June 03, (THEWILL) – The Board of Directors of Wema Bank Plc. has announced the appointment of Dr. Oluwayemisi Olorunshola, as its new Chairman. Her appointment followed the retirement of the current chairman, Babatunde Kasali. Dr. Olorunshola joined the...

June 01, (THEWILL) – Nigerian banks have begun implementing a new regulation that requires customers to present a valid Tax Clearance Certificate (TCC) for foreign exchange transactions. The move complies with new regulations by the federal and state...

June 01, (THEWILL) - Nigerian Breweries Plc will decide in the weeks ahead whether to acquire the controlling stake in the local unit of Stellenbosch-based Distell International Limited after an offer from Heineken Beverages Limited South Africa, the company...

June 01, (THEWILL) - The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has expressed concern that the recently inaugurated Dangote Petroleum Refinery could become a price dictator and might not lead to a drop in the price...

June 02, (THEWILL) - The Federal Inland Revenue Service (FIRS) has disclosed that Nigeria’s Tax-to-GDP ratio which, in the previous 12 years, hovered between 5 to 6 percent, rose to 10.86 percent by the end of 2021. It said the...

June 01, (THEWILL) - The Central Bank of Nigeria (CBN) has debunked reports that it has devalued the Naira. A news outlet has reported that the CBN had devalued the naira to N631 to the dollar from N461.6, adding that...

June 01, (THEWILL) - Following the opening in Paris earlier this month of the first subsidiary of Access Bank Plc in the European Union, the Bank has launched the Access Bank French Business Desk to strengthen business relationships between...

May 31, (THEWILL) – Nigeria’s equities market recorded a marginal gain of N17 billion Wednesday to close trading for the month of May. Market capitalization hit N30.366 trillion as against N30.349 trillion in the previous day’s transaction. Closing the month,...

May 31, (THEWILL) - The Nigeria National Petroleum Company (NNPC) Limited, on Wednesday, adjusted its retail prices for premium motor spirit (PMS) from N189 per litre to a new price ranging between N488 to N557 per litre. A new table...