Business

Self-employed And The Employed: Boosting Living Standards

May 23, (THEWILL) - The rising cost of living is impacting globally but differently, and it is clearly evident that expenses and bills continue to rise steeply. The cost of food, household consumables and other essentials has skyrocketed in...

BDCs Mull Autonomous FX Trading Window to Boost Supply 

May 23, (THEWILL) - The Association of Bureaux De Change Operators of Nigeria (ABCON) has called for the establishment of  Bureaux De Change (BDCs) Autonomous Foreign Exchange Trading Window (BAFEX) to restore sanity to the market and make forex available...

IGR: Ogun Cautions LG Over Unwholesome Revenue From Investors

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May 23, (THEWILL) - Ogun State Government has cautioned Local Government administrators to desist from collecting unwholesome revenues from investors operating in their councils in the state The government equally said that such practice promotes unhealthy investor relations and also...

Popoola Canvasses Increased Investment Towards  Sustainable Development Goals

May 23, (THEWILL) - The Chief Executive Officer, Nigerian Exchange Limited, Temi Popoola, has canvassed for increase in long-term sustainable finance to achieve the Sustainable Development Goals in Sub-Saharan Africa. He made this known while speaking as a panellist...

Polaris Bank, Lagos Agency Launch N1bn Fund to Empower Artisans

May 23, (THEWILL) - Polaris Bank and the Lagos State Employment Trust Fund (LSETF) have partnered to provide N1 billion fund to artisans operating in Lagos state. This was disclosed at a joint media launch of the artisans’ funds and...

Customs Commences Implementation of Reviewed e-VIN

May 23, (THEWILL) - The Nigeria Customs Service, NCS, has announced the commencement of the implementation of the reviewed electronic Vehicle Identification Number, e-VIN. Speaking at the sensitisation workshop for stakeholders in Apapa, Lagos, the Controller in charge of e-valuation,...

Elon Musk Loses $69bn In Five Months As Tesla Stock Tumbles

May 22, (THEWILL) - Elon Musk’s wealth – and Tesla’s stock – took a huge hit on Friday, continuing a downward spiral and possibly jeopardising the billionaire’s acquisition of Twitter. According to the Bloomberg Billionaires Index, Musk has lost $69.1...

Russia-Ukraine Crisis: CBN to Sustain Interventions in Critical Sectors

May 22, (THEWILL) - To insulate the economy against adverse spillovers from the Russia-Ukraine war, indications have emerged that the Central Bank of Nigeria (CBN) will deploy targeted development finance interventions that have proved to be critical safety nets...

Analysts Project Interest Hike By MPC After 20 Months

May 22, (THEWILL) - As the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meets for its May 2022 meeting this week, analysts at Cordros Capital Limited, see the MPC raise the monetary policy rate (MPR) by 0.5...

Nigerian Telcos Lose 17,030 Subscribers In Nine Months

May 21, (THEWILL) - The Nigerian Communications Commission (NCC), has said that the country’s leading telecommunication companies lost over 17,000 subscribers between June 2021 and February 2022. Details of data published on the regulatory agency’s website showed that the four...