Business

There are indications that the telecommunications (telecom) sub-sector would shield Nigeria from the likely effects of impending global recession – a phenomenon the World Bank and the International Monetary Fund (IMF) predict would bash emerging and developing economies in...

January 26, (THEWILL) - The Central Bank of Nigeria (CBN) on Thursday, launched the Nigerian National Domestic Card Scheme, AfriGo, to boost the electronic payment system in the country. CBN Governor, Godwin Emefiele, who launched the card at...

January 24, (THEWILL) - The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the total revenue collected as stamp duty in six years between 2016 and 2022 is N370,686 billion. His clarification came amid reports of...

January 24, (THEWILL) - The Central Bank of Nigeria (CBN) on Tuesday, raised its benchmark interest rate by 100 basis points to 17.5%, citing fears of a further rise in inflation. CBN Governor, Godwin Emefiele, announced this...

One of the ironies of the Nigerian economy remains the fact that at a time that it is expected to be reaping a ‘sustained windfall’ from high oil prices in the international market, the country has rather been experiencing...

Nigeria recorded 222.2 million active telephone lines as of the end of 2022, data from the website of the Nigerian Communications Commission (NCC) have revealed. Subscription Statistics released by the NCC as of December 2022, showed that connected telephone lines...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) disclosed Friday that the volume of products supplied to marketers at the loading points has dropped by about 50 per cent. IPMAN deputy president, Zarma Mustapha, disclosed this while speaking on...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its first meeting of 2023 on the 23rd and 24th of January. Many analysts believe that the Committee remains faced with either...

Global Tech giant, Google, has disclosed that it removed over 3.4 billion ads, restricted over 5.7 billion, and suspended over 5.6 million advertiser accounts in Nigeria and other parts of the world in 2021. In a statement titled “Google Commits...

The Managing Director, Skyway Aviation Handling Company (SAHCO) Plc, Mr Basil Agboarumi, has called on the Federal Government to grant duty waiver on operational equipment for ground handling companies operating in the nation’s airports. Agboarumi said this in a chat...