January 03, (THEWILL) - The recalcitrant group of the Peoples Democratic Party (PDP) governors known as the G-5, returned from their London trip after two days last Friday. The trip must have elevated the cost of the governors’ political...
January 02, (THEWILL) - The International Monetary Fund (IMF) has said that one-third of the world’s economies will slide into recession in 2023.
It also disclosed that 2023 will be tougher than 2022 for most of the global economy as...
The Centre for the Promotion of Private Enterprise (CPPE) has said that Nigeria’s current tax regime is stifling investment and economic growth.
Muda Yusuf, director of the organisation, made this known in a statement detailing CPPE’s economic and business environment...
Investors in the Nigerian equities market gained N5.62 trillion Naira with market capitalisation hitting N27.92 trillion on the last trading day of the year, December 30, 2022. This is a 25.3 percent increase compared with N22.30 trillion the market...
The Dangote Group has emerged the most impactful player on Nigeria’s struggling economy. Its activities touch the five anchors of wealth creation: investment, employment, revenue, export and infrastructure in diverse ways.
By this, the firm has reduced the vulnerability of...
Based on their performance trajectory in the year, Nigeria’s four largest deposit money banks (DMBs) by assets, will raise the banking industry’s total assets with a minimum of N15 trillion in 2022, THEWILL findings have revealed. The four DMBs,...
There are strong indications that Tony Elumelu Foundation (TEF), a leading philanthropy and non-profit organisation, empowering African entrepreneurs, especially the youth, from all 54 African countries, will serve as a vehicle to actualise the dream of industrialising the continent...
December 12, (THEWILL) - The World Bank has said that Nigeria’s projected revenue of N9.73 cannot pay/service its debt in 2023 as the debt servicing will gulp well over 100 percent of the federal government’s earnings.
The new World...
The Central Bank of Nigeria (CBN)’s new policy on over-the-counter cash withdrawal limits as well as withdrawal limits for Automated Teller Machines (ATM) and Point of Sale (POS) terminals has widened the window for tax revenue.
The CBN had on...
December 11, (THEWILL) - The Lagos State Governor, Babajide Sanwo-Olu, has disbanded the Landed Properties Special Operations Team with immediate effect.
This was announced in a statement by the Commissioner for Information and Strategy, Gbenga Omotoso, on Saturday, December...
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.
