April 11, (THEWILL) – The World Bank’s ongoing reform could result in a $50 billion lending boost over the next decade, Treasury Secretary Janet Yellen told AFP ahead of stakeholders’ meetings next week where key changes are expected to...
April 11, (THEWILL) – The World Bank has said that the growth rate in the economies of countries in Sub-Saharan Africa, including Nigeria, was sluggish in the first quarter of 2023.
This fact is contained in the April 2023 edition...
April 09, (THEWILL) - The National Pension Commission (PenCom) has warned members of the public against activities of an illegal group involved in unlawful activities concerning retired workers pension benefits.
The group which goes by the name, Association of Pension...
April 09, (THEWILL) - The Federal High Court sitting in Lagos has vacated its interim order earlier restraining a Briton, Mr Roger Brown from parading himself as the Chief Executive Officer (CEO) of Seplat Energy Plc. Mr Brown, a...
More Nigerian banks will soon commence effective offshore operations to actualise the licence granted them by the Central Bank of Nigeria (CBN) to establish offshore subsidiaries.
Data from the CBN website showed that eight deposit money banks are licensed to...
Nigeria’s current total public debt of N70 trillion Naira, if shared among the country’s estimated population of 220.2 million, places a debt burden of N317,850 on each citizen, according to data compiled by THEWILL. The 774 local government areas...
April 09, (THEWILL) - The Managing Director, International Monetary Fund (IMF), Kristalina Georgieva has called for strong policy action to secure a robust recovery, as global growth over the next five years is expected to languish at the slowest...
April 06, (THEWILL) - Following what it called poor utilisation of the Universal Service Provision Fund (USPF) by the Nigerian Communications Commission (NCC), the House of Representatives has resolved to investigate the communication agency.
The lawmakers said they resolved...
April 05, (THEWILL) - Nigeria has secured a World Bank facility worth $800 million.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this on Wednesday while briefing State House correspondents on the outcome of the Federal Executive...
April 05, (THEWILL) – Investment inflow to the Nigerian economy, via foreign direct investment (FDI), dropped to a nine-month low of $468 million in 2022 from $698 million a year earlier, the National Bureau of Statistics said...
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.
