Business

Telcos Propose 100% Tariff Hike, Seek NCC Approval

January 03, (THEWILL) – Nigerian telecommunications companies have proposed a 100 percent tariff increase, seeking approval from the Nigerian Communications Commission (NCC). Chief Executive Officer of MTN Nigeria, Karl Toriola, who disclosed this when he featured on Arise TV, said...

Recapitalisation: Access Holdings Performance Reshapes Banking Landscape in 2025

December 29, (THEWILL) – The outstanding performance of Access Holdings, parent company of Access Bank Plc, by securing the full regulatory approvals of the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) of its recently...

Your $1bn Investment a Drop in the Ocean – Dangote Tells NNPC

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December 29, (THEWILL) – Aliko Dangote, chairman of Dangote Industries Limited, has said that the Nigerian National Petroleum Company (NNPC) Limited’s $1 billion investment in the refinery is a drop in the ocean. On December 16, NNPC claimed its $1 billion crude-backed...

Access Bank Exceeds CBN’s N500bn Regulatory Threshold, Raises N351bn In Rights Issue

December 26, (THEWILL) - Access Holdings Plc has closed its N351 billion Rights Issue, gaining approvals from the Central Bank of Nigeria and the Securities and Exchange Commission. This feat makes its banking subsidiary, Access Bank Plc, the first Nigerian...

Wale Edun-Led EMT Says 31 States Experienced Food Crisis In 2024

December 24, (THEWILL) - Nigeria’s Economic Management Team led by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that 31 states experienced severe food crises in 2024, with the North East region being...

Inflation, Interest, Exchange Rates Top Manufacturers’ Woes in 2025

December 23, (THEWILL) - There are strong indications that high inflation, interest and exchange rates constitute major macroeconomic challenges that would confront the manufacturing sector in the coming year - 2025. Since the inception of the Bola Tinubu administration on...

Is There Hidden Liquidity Crisis in Nigeria’s Banking System?

December 22, (THEWILL) - The Nigerian banking system, once celebrated as the backbone of the nation’s economy, is facing a glaring paradox. Customers walk into bank branches daily to access their funds, only to be told that cash is...

MTN to Pay N15m for Unsolicited Messages, Caller Tunes on Customers’ Phones

December 22, (THEWILL) - The Court of Appeal in Abuja has awarded N15 million as general damages against MTN Nigeria Communications Limited for disturbing its Nigerian customer’s phone number with unsolicited messages and callertunes, without the customer’s subscription to...

Economic Hardship: PenCom Adopts Technology for Optimum Delivery

December 22, (THEWILL) - Amid prevailing economic hardship across the country, the National Pension Commission (PenCom) has embraced tech-driven initiatives in its regulation of the pension industry. This is in pursuit of its mandate of ensuring that retirement benefits...

Senate Sets New Minimum Capital Requirement For Insurance Companies

December 18, (THEWILL) – The Senate, on Tuesday, passed for third reading, a bill seeking to increase the capital base of risk-based insurance companies. This followed the consideration and adoption of the recommendations of the report of a bill for...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

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.
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