Business

August 31, (THEWILL) – The Central Bank of Nigeria (CBN) has fired all the Executive management of the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). According to a reliable source, who confirmed the development to THEWILL, one...

August 29, (THEWILL) – The Federal Government of Nigeria signed a strategic Memorandum of Understanding (MoU) with aircraft manufacturer, Boeing, to enhance the nation’s aviation sector. The MoU was signed on behalf of Nigeria on Wednesday, by the Minister of...

August 29, (THEWILL) – The Federal Government has said more than 31.8 million Nigerians are currently facing acute food shortages due to ongoing security challenges and the recent removal of fuel subsidy. This is according to a study conducted...

August 29, (THEWILL) – The Nigerian Deposit Insurance Corporation (NDIC) will, at the expiration of its notice released on August 23, 2024, approach a Federal High Court to grant the order to dissolve 87 microfinance banks and primary...

August 28, (THEWILL) – The International Monetary Fund (IMF) has urged Nigeria to close structural gaps by reducing governance and business regulation bottlenecks by 25 percent, saying the Gross Domestic Product (GDP) output can be lifted by 6.4...

August 27, (THEWILL) – Nigeria’s key revenue and employment generating sectors are struggling to achieve enhanced and sustainable growth as the economy grapples with multi-faceted challenges. The affected sectors include oil, agriculture and manufacturing. According to data by the National...

August 27, (THEWILL) – The Federal Government has disclosed plans for the potential merger of Arik Air and Aero Contractors, into a national carrier. The Asset Management Corporation of Nigeria (AMCON) disclosed this during a meeting with media executives...

August 27, (THEWILL) – A former relationship manager at First Bank of Nigeria (FBN), Adesuwa Ezenwa, has alleged that billions of naira in loans were diverted to companies linked to Oba Otudeko during his reign as chairman of...

August 26, (THEWILL) – Operating and related expenses of the Nigerian National Petroleum Company Limited, NNPCL, witnessed a significant increase in 2023, while it superintended over four resource-gulping idle refineries and engaged in massive importation of refined petroleum products. The...

August 25, (THEWILL) – After the Nigerian Government’s numerous promises to give Nigerians a working refinery and her failure to fulfil it, notwithstanding our status as the largest producer of crude oil in Africa, the current antagonisation of Dangote...