Sixteen (16) first-term governors will be confronted with a total debt of N2.9 trillion, bequeathed to them by their predecessors, as they assume office on May 29, 2023.
The amount comprises total domestic debt of N2.2 trillion and $1.6 billion...
May 27, (THEWILL) - The Central Bank of Nigeria (CBN) has issued procedures on how individuals can set up a profile on the new digital financial literacy platform called SabiMONI.
Last week, the apex bank Deputy Governor, Aishah Ahmad, announced...
May 25, (THEWILL) – The federal government says Nigerians can now request their commercial banks to issue them with a debit card which doubles as their National Identity Card at no extra cost.
The Minister of Communications and Digital...
May 24, (THEWILL) – South Africa, which is going through an energy crisis, is weighing the possibility of extending the operational lives of two of its largest coal-fueled power plants to boost energy security, Oilprice.com reports Wednesday.
The plants,...
May 24, (THEWILL) – Energy experts say cooler temperatures this week and a dip in available wind power this month are boosting the demand outlook for June for U.S. natural gas, leading to nearly 3% price gains on...
May 24, (THEWILL) – Nigeria’s economic growth slowed in the first quarter of 2023 as the Gross Domestic Product (GDP) grew by 2.31 per cent year-on-year within the quarter, the National Bureau of Statistics (NBS) has said.
The statistics...
May 24, (THEWILL) – The Central Bank of Nigeria (CBN) on Wednesday after the two-day Monetary Policy Committee (MPC) meeting, raised its benchmark interest rate known as the Monetary Policy Rate (MPR), by 50 basis hit 18.5 --...
May 24, (THEWILL) - The Nigerian National Petroleum Company Ltd on Tuesday commenced an oil drilling campaign at the Wadi-B well located in Jere Local Government Area of Borno State.
The Group Chief Executive Officer of NNPCL, Mele Kyari, said...
May 23, (THEWILL) - The Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country.
The revocation exercise was disclosed in the official gazette of...
May 22, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has commended the Dangote Group for establishing a reputation for credit worthiness.
He also disclosed that a huge portion of the commercial loans extended to the group...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
