Business

BREAKING: CBN Further Raises Interest Rate To 27.25%

September 24, (THEWILL) – The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further raised the benchmark interest rate by 50 basis points from 26.75 percent to 27.25%. CBN Governor, Olayemi Cardoso, who disclosed this...

H1 2024: Access Holdings Expands Loan Book on Robust N36.5trn Assets Growth

September 23, (THEWILL) – Access Holdings Plc is expanding its loan book apparently to support the $1 trillion economy ambition of the Nigerian government through facilities to the real sector as its balance sheet soars. According to its audited earnings...

GFA Partners Wema, Sterling Banks On 10% Single Digit Loan For SMEs Operators In Ogun

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September 22, (THEWILL) – GFA Technologies, a software company, and leading provider of innovative solutions in various fields has partnered with Wema Bank Plc and Sterling Bank, to provide over 30,000 Small and Medium Scale Enterprises (SMEs) in...

Maida Identifies Key Factors For Effective Telecom Service Delivery

September 22, (THEWILL) – The Executive Vice Chairman (EVC)/Chief Executive Officer (CEO), Nigerian Communications Commission (NCC), Dr. Aminu Maida, has emphsizsed on the need to adopt the four critical success factors in the pursuit of effective telecommunication service in...

Rail Transport Revenue Rises Amid High Debt Servicing, Running Costs

September 22, (THEWILL) – Nigeria’s rail transport sector recorded improved revenue and higher passenger and cargo services in the second quarter of the year (Q2 2024) according to data by the National Bureau of Statistics (NBS). According to NBS, in...

UBA Plc Maintains Grip on Industry Leadership Ahead of Capital Raise

September 22, (THEWILL) – The attention of the global financial markets has been drawn to the commanding heights achieved by Africa’s Global Bank, United Bank for Africa Plc, amid challenging operating environment, as it concludes plans for the much...

Nigerian Breweries Receives Crucial Lifeline Ahead Of Rights Issue

September 19, (THEWILL) – Amid operational challenges, Nigerian Breweries Plc has received a crucial lifeline from its parent company, Heineken, as it prepares for capital raise through rights issue. The lifeline was by way of suspending interest payments...

CBN Appoints New Board For Keystone Bank, Names Ada Chukwudozie Chairman

September 18, (THEWILL) – The Central Bank of Nigeria (CBN) has constituted a new board for Keystone Bank Limited as part of efforts to strengthen the lender’s operations for sustained business growth. The apex bank had in January dissolved the...

CBN To Hold MPC Meeting September 23

September 18, (THEWILL) – The Central Bank of Nigeria (CBN) says it will hold its 297th Monetary Policy Committee (MPC) meeting on Monday, September 23 and Tuesday, September 24, 2024. The apex bank disclosed this in a statement titled, "Notice...

Okonjo-Iweala Seeks Second Term As WTO DG

September 17, (THEWILL) – The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, will seek a second term in office to complete an “unfinished business,” her Spokesman, Ismaila Dieng, said. “I would like to be part of this...
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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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