Business

April 17, (THEWILL) – The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has applauded the International Monetary Fund’s (IMF) support for the recent tightening of monetary policies in recent months. Emefiele made this remark while addressing journalists...

April 16, (THEWILL) - A civil society organisation, Civil Society Legislative Advocacy Centre (CSLAC), has protested at the 2023 IMF/World Bank Group Spring meetings in Washington DC, USA, against Nigeria’s incessant borrowing from the Bretton Woods Institutions which contributed...

April 16, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its unaudited results for the first quarter ended March 31st, 2023, recording remarkable growth across all its major income lines. The Bank’s result...

In the latest of efforts aimed at strengthening the functioning of Nigeria’s capital market and protect investors, the National Assembly on 29 March 2023 passed the Investment and Securities Bill (ISB 2023). The Bill has provisions for more stringent...

The Shell Petroleum Development Company of Nigeria (SPDC) on Wednesday denied claims that it was in violation of Nigerian Content laws at the EA fields in Bayelsa State. The Ijaw Youth Congress (IYC) had on Monday alleged that SPDC had...

The Tertiary Education Trust Fund (TETFund) has allocated N30 billion for disbursement to six universities, six polytechnics and six colleges of education under its 2023 Special High Impact intervention. The Executive Secretary of the fund, Sonny Echono, made this known...

Seplat Energy has said that there is a court action initiated by the Nigerian government alleging a breach of immigration law by the company and some of its directors. “The suit is in relation to the immigration status of Mr....

AIICO Insurance Plc., has reaffirmed its commitment towards driving growth and advocacy in Nigeria’s healthcare sector in Nigeria, through its corporate social responsibility (CSR) channel The insurer, which reeled out its numerous interventions in the country’s healthcare sector, stressed that...

The World Bank has urged Nigeria to ease trade restrictions that block market development and diversify the economy by investing more in agriculture and other non-oil sectors. The Bank also sought improvement in basic infrastructure provision especially electricity and...

Africa’s Global Bank, United Bank for Africa (UBA) Plc reported a profit surge of 29.1 per cent in the first quarter of 2023. The series of rate hikes by the Central Bank of Nigeria (CBN) helped strengthen interest income...