African Economy

December 03, (THEWILL) - The policy shift by the Central Bank of Nigeria (CBN) on its development finance activities will pave the way for the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN) to expand their...

October 23, (THEWILL) - SBM Intelligence, a leading research and risk consultancy firm in Nigeria, has stated that Nigeria’s economy is on ‘warning’ status as it ranked 60% in the “Economy” macro-risk indicator The risk assessment consultancy firm revealed this...

September 14, (THEWILL) - As part of effort to deepen economic ties with Africa and counter China’s influence on the continent, United States President, Joe Biden, has finalised plans to dispatch Wally Adeyemo, the deputy Treasury Secretary, to...

September 12, (THEWILL) - German Chancellor Olaf Scholz will visit Nigeria in October as part of moves to further strengthen economic ties between the two countries. A statement by Ajuri Ngelale, Special Adviser to the President on Media and Publicity,...

August 31, (THEWILL) - Dangote Sugar Refinery Plc is to merge with NASCON Allied Industries and Dangote Rice after the trio agreed to the terms and conditions clearing the path for their integration into a single entity. The proposal will...

August 21, (THEWILL) - Global financial service firm JP Morgan has estimated Nigeria’s net FX Reserve to be around $3.7 billion which far contradicts the $37.15 billion reported by the Central Bank of Nigeria (CBN) as of December 31,...

August 20, (THEWILL) - The sudden exit of GlaxoSmithKline (GSK) Consumer Nigeria Plc announced via a letter to the Board of directors of the company (which went viral), really has a lot of symbolism and significance. The letter says: “In...

August 16, (THEWILL) - President Bola Tinubu has assured investors that his ongoing repositioning of the economy will receive a boost as he conducts an intensified removal of all bottlenecks in the way of efficient business startup and administration...

August 16, (THEWILL) - In line with its 5-year strategic plan (2023-2027) Access Bank, Nigeria’s largest bank by assets, has announced the launch of its Custody Services, offering safekeeping and servicing of financial assets to its esteemed customers. The expansion...

President Bola Tinubu on Friday, in Abuja, reassured Nigerians that he will leave no stone unturned in his efforts to evolve policies that will benefit all. Speaking at a meeting held at the State House with the Board of...