Business

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,...

April 02, (THEWILL) - Dissatisfied with certain parts of the Judgment relating to the court judgement on Arik Air, the Asset Management Corporation of Nigeria (AMCON) has revealed that it would appeal the ruling. This is just as the asset...

The real sector development initiatives of the Central Bank of Nigeria (CBN) were introduced to stimulate and sustain growth in key sectors of the economy, revive moribund sectors, empower the youth population, explore the untapped potential in various economic...

Regrettably, for the umpteenth time, a critical driver of the hyper-inflationary trend in Nigeria has been identified as the ever-rising price and shortage of food. Year after year the consumer price index (CPI) records an uptick mainly due to...

Multinational oil company, Oando Plc, is to delist from the Nigerian Exchange Limited 31 years after it was listed as a public company in February 1992. This follows plans by its core investor, Ocean and Oil Development Partners Limited (OODP),...