Business

April 05, (THEWILL) – Investment inflow to the Nigerian economy, via foreign direct investment (FDI), dropped to a nine-month low of $468 million in 2022 from $698 million a year earlier, the National Bureau of Statistics said...

April 04, (THEWILL) - The Nigerian Communications Commission‘s Computer Security Incident Response Team (NCC-CSIRT) has recommended the measures to be adopted by the popular messaging app, WhatsApp to secure their facility. The NCC’s CSIRT is the telecom sector’s cyber security...

April 04, (THEWILL) - In pursuit of its mandate to promote the country’s local content policy, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has performed the groundbreaking ceremony of a pipe manufacturing...

April 04, (THEWILL) - In line with its 5-year strategic development plan, Access Bank, the commercial banking unit of Access Holdings Plc, received $300 million as capital investment from the parent company to further its expansion within Africa, Nigeria’s...

April 04, (THEWILL) – The Central Bank of Nigeria (CBN), state governors, the Economic and Financial Crimes Commission (EFCC) and the Nigeria Financial Intelligence Unit (NFIU) will meet in Abuja today (Tuesday, April 4, 2023), over the facilities...

April 04, (THEWILL) – The Central Bank of Nigeria (CBN) has explained the reasons for the $1.4 billion drop in the country’s external reserves during the first quarter (Q1) of 2023. CBN attributed the drop to a reduction in...

April 03, (THEWILL) - Benue state government is set to enjoy an N84 billion domestic debt relief from the Federal Government through swap arrangement. The Commissioner for Finance and Economic Planning, Mr David Olofu and that of Information, Culture and...

April 03, (THEWILL) - The Nigerian Exchange Limited (NGX) has announced the suspension of shares in Sterling Bank Plc effective last Thursday The move is to prepare for the commencement of a holding company (holdco) structure which the company...

April 03, (THEWILL) – The National Pension Commission (PenCom) has approved the withdrawal of over N1.72 trillion for Pension Fund Administrators to pay Retirement Savings Account (RSA) holders from inception to 31st December 2022. According to PenCom in its...

April 03, (THEWILL) – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a new deadline for the submission of Technical/Commercial bids in respect of the 2022/23 Deep Offshore Oil block Mini-bid Round. The Chief Executive of the NUPRC,...