Business

September 30, (THEWILL) – While Nigeria struggles to service the huge loan obtained to build and expand the railway sector, reports indicate that officials of the Nigerian Railway Corporation (NRC) have remained adamant in their notorious acts of revenue...

September 30, (THEWILL) – The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. Announcing the approval in a statement on Monday, the bank said the funds will support Nigeria in strengthening human capital...

September 29, (THEWILL) – The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has concluded his participation in the high-level Bretton Woods at 80 Forum, where he represented Africa’s interests on the global financial stage. The forum, organised...

September 29, (THEWILL) – The Chief Financial Officer (CFO) of Parthian Partners Limited, Mr. Olayinka Arewa, has expressed confidence that the ongoing banking recapitalisation will be successful. Arewa stated this at the annual workshop of Finance Correspondents Association of Nigeria...

September 29, (THEWILL) – For Nigeria to achieve the $1 trillion Gross Domestic Product (GDP) by 2026, the Nigeria Deposit Insurance Corporation (NDIC), among other stakeholders, have emphasised the need for banks and Fintech companies to collaborate and...

September 29, (THEWILL) – The adoption of strong technology-driven reforms by the Federal Inland Revenue Service (FIRS) shows evidence of guaranteeing the growth trajectory of the nation’s tax revenue seen in the last five years. This must have...

September 29, (THEWILL) – A few days ago, when the National Bureau of Statistics (NBS) released the inflation figures for August 2024, the Nigerian National Petroleum Company Limited (NNPCL) also issued a new fuel pricing template. Curiously, while the...

September 29, (THEWILL) – Most Nigerians with access to the National Bureau of Statistics (NBS) website are getting confused and worried over the drastic drop in the country’s unemployment rate from the surge towards 40 per cent in 2020...

September 29, (THEWILL) – The Central Bank of Nigeria (CBN) has extended the suspension of cash deposit processing fees from September 30, 2024 to March 31, 2025. The CBN disclosed this in a letter to banks and other financial institutions...

September 27, (THEWILL) – The Managing Director/CEO of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has re-emphasised the commitment of the Corporation towards ensuring financial service stability in the country. He also noted that the Corporation would remain...