Business

Dangote Fetes Elumelu On The 2020 TIME 100 List

SAN FRANCISCO, September 27, (THEWILL) - Africa's richest man, Aliko Dangote, has written a short piece in celebration of Tony Elumelu, who was recently named in “TIME 100” list of 100 most influential people in the world. THEWILL recalls that...

Buhari Advocates For Global Cooperation Against Illicit Financial Flows

BEVERLY HILLS, September 26, (THEWILL) - President Muhmmadu Buhari has advocated for global cooperation amongst countries in the fight against illicit financial flows worldwide. The President made this known in his speech during the Financial Accountability, Transparency and Integrity (FACTI)...

CBN Approves Incentives To Farmers For Dry Season Farming

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SAN FRANCISCO, September 26, (THEWILL) - The Central Bank of Nigeria (CBN), has approved additional incentives under its Anchor Borrowers Programme (ABP) for smallholders farmers (SHFs) to aid the 2020 dry season farming This is expected to boost production...

FG Considering Zero Import Duties On New Vessels

SAN FRANCISCO, September 25, (THEWILL) - The Federal Ministry of Transportation has revealed that it is considering zero import duty on new vessels, parts for ship building and repairs following years of agitation by indigenous shipping operators for import...

FG’s N145bn September Bonds Oversubscribed

BEVERLY HILLS, September 24, (THEWILL) - The Federal Government’s bonds for the month of September worth N145bn were oversubscribed by N215.22bn, the Debt Management Office (DMO) disclosed on its website. The total subscription received from investors for the bonds, which were...

Convergence Acquires Vodacom Africa’s Operations In Nigeria

SAN FRANCISCO, September 23, (THEWILL) - Convergence Partners’ subsidiary, inq. (formerly Synergy Communications) has acquired Vodacom Business Africa’s operations in Nigeria. The company, with the move, extended its reach via the 100 per cent acquisition of Vodacom Business Africa’s operations...

Poverty: Sanusi Calls For Diversification Of Economy

SAN FRANCISCO, September 23, (THEWILL) - Former Emir of Kano, Muhammadu Sanusi II, has stated that Nigeria must diversify its economy in order to address the increasing rate of poverty and inequality in the country. He also said governments at...

CBN MPC Drops MPR From 12.5% To 11.5%

SAN FRANCISCO, September 22, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the nation’s Monetary Policy Rate (MPR) by 100 Basis Points (BPS) from 12.5% to 11.5% The CBN governor, Godwin Emefiele,...

We Spent N8.9t On Fuel Subsidy From 2006-2015 – PPPRA

SAN FRANCISCO, September 22, (THEWILL) - The Petroleum Products Pricing Regulatory Agency (PPPRA) has revealed that the Federal Government has spent a total of N8.94 trillion on oil subsidy between 2006 and 2015. The agency disclosed this in a document...

COVID-19: Heritage Bank MD, Sekibo, Urges Banking Sector To Aid Speedy Economic Recovery

BEVERLY HILLS, September 21, (THEWILL) - The MD/CEO of Heritage Bank Plc, Ifie Sekibo, has called on the banking sector to maximize the opportunities by re-strategizing its roles that will address emerging risks caused by macro-economic headwinds and Covid-19. Sekibo...