Business

January 30, (THEWILL) – Electronic payment transactions in Nigeria rose to an all-time high of N1.07 quadrillion in 2024 – a point never witnessed in the nation’s financial services history. A quadrillion is an equivalent of N1,000 ...

January 28, (THEWILL) – The Debt Management Office (DMO) has refuted claims that Nigeria’s public debt rose from N21 trillion to N142 trillion under President Bola Tinubu. Nigeria's public debt refers to the total amount of money the country owes...

January 28, (THEWILL) – The Central Bank of Nigeria (CBN) has formally launched the Nigerian Foreign Exchange (FX) Code, a guide to a transparent foreign exchange policy market. CBN Governor, Olayemi Cardoso, joined by Managing Directors of Deposit Money Banks...

January 28, (THEWILL) – The Central Bank of Nigeria (CBN) says it will hold its 299th Monetary Policy Committee (MPC) meeting on Monday, February 17 and Tuesday, February 18, 2025. The apex bank disclosed this in a statement titled: "Notice...

January 27, (THEWILL) – There are strong indications that the expanding presence of fintech platforms across the country will accelerate Micro-Pension penetration in 2025.  This anticipation hinges on the unusually high rate of expansion by fintech companies into the countryside...

January 27, (THEWILL) – Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In a statement released to the Nigerian Exchange Group on Sunday, the bank said it has...

January 26, (THEWILL) – Prominent economy and finance experts have predicted an admixture of gains and pains as the outcome of recent government policies, while navigating the macroeconomic uncertainties in 2025.  They also seek robust investment channels to harness emerging...

January 22, (THEWILL) – The Central Bank of Nigeria has approved the release of the Nigerian Foreign Exchange Code. A statement by the apex bank, said the code which will formally be launched next week, will serve as a guideline...

January 20, (THEWILL) – The cryptocurrency has again soared through the mark as Bitcoin price reached a new all-time high of $109,114.88 on Monday, ahead of Donald Trump’s inauguration ceremony as the 47th President of the United States. The...

January 20, (THEWILL) – There are strong indications that the continued rise in Nigeria’s inflation rate is a threat to agribusiness -- key anchor of a struggling economy that is gasping for breath and yearning for diversification. The country...