Business

April 24, (THEWILL) -  The World Bank and the International Monetary Fund (IMF), have disclosed plans to fast track the implementation of the G20 debt relief scheme. The announcement was made at the 2022 Spring Meetings of the World Bank-IMF in...

April 22, (THEWILL) - The average retail price of Liquefied Petroleum Gas (LPG) also known as cooking gas, increased by 83.62 percent from N2057.71 in March 2021, the National Bureau of Statistics (NBS), disclosed in its report released on Friday. According...

April 22, (THEWILL) - The Central Bank of Nigeria (CBN) says it cannot float the naira to avoid an exchange rate spiral. “Let me say that Nigeria is on a managed float. What that also means is that we cannot...

April 22, (THEWILL) - The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, has reiterated the bank’s commitment to effective management of foreign exchange (forex) demand, to ensure appropriate allocation to priority areas that would support the growth...

On April 22, 2010, Dr Goodluck Jonathan, then Nigeria’s Acting President, signed into law the Local Content Bill 2010 (now Act), a piece of legislation designed to increase participation of Nigerian ventures and workforce in the oil and gas...

April 20, (THEWILL) - The International Monetary Fund has raised concerns about a potential “doom loop” for Nigeria and other emerging economies, noting that government financial pressure could endanger the over-stretched banks and squeeze them even further. The Washington-based lender has,...

April 19, (THEWILL) - Nigeria’s largest lender in the SME space, Access Bank Plc, has unveiled an online account opening platform for unregistered businesses. The online account opening platform is a paperless and seamless digital process, which allows customers to register...

April 17, (THEWILL) – Stanbic IBTC Bank, the major financial services subsidiary of Stanbic IBTC Holdings Plc, coughed out a total of N2.76 billion to pay penalties imposed on it by the authorities for contravening various industry regulations within...

April 17, (THEWILL) – FMDQ Securities Exchange Limited has announced the approval of the registration of the Integrated Services Limited (SKLD) N2.00 billion Commercial Paper Programme on its platform. SKLD Integrated Services Limited (SKLD) is an integrated corporate entity providing...

April 17, (THEWILL) – No fewer than 25 industries have decided to partner the Ogun State Government on training for students of technical institutions on how to operate modern equipment for production. The Special Adviser to the Governor on Technical...