Business

CBN Sells $122.671m To 46 Authorised Dealers

July 12, (THEWILL) – The Central Bank of Nigeria (CBN) has sold the sum of US$122,671,000.00 (One Hundred and Twenty-Two Million, Six Hundred and Seventy-One Thousand United States Dollars), to 46 authorised dealers in its determination to promote stability...

FirstBank Sponsors “The Noble Warrior” Play, A 90th Birthday Tribute To Wole Soyinka

July 09, (THEWILL) – FirstBank, West Africa's premier financial institution and financial inclusion services provider, has announced its sponsorship of the Lagos command performance of The Noble Warrior – Eni Ogun, a theatrical performance in honour of Professor Wole...

World Finance 2024 Awards: Zenith Retains Best Commercial Bank In Nigeria, Best Corporate Governance

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July 09, (THEWILL) – Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named Best Corporate Governance, Nigeria for...

Proshare Presents Third Edition of its Tier 1 Banks Report: The Class of 2024

July 08, (THEWILL) – As Access Corp, Zenith Bank, FBNH Lead in PBSI Ranking The Proshare Bank Strength Index (PBSI), which evaluated banks using a pool of financial metrics based on audited financial statements for the Financial Year (FY) 2023,...

Receding Oil Fortune: NNPC Goes to War, Leaves Dormant Refineries Behind

July 08, (THEWILL) – The Nigerian National Petroleum Company Limited (NNPCL) recently said it had declared war against the challenges affecting the country’s oil production and called for collaboration between stakeholders in the oil and gas industry in the...

FDI Retention in Nigeria: The Tolaram-Guinness Example

July 07, (THEWILL) – As the Federal Government deploys several strategies to attract substantial Foreign Direct Investment (FDI) into the country, the business deal recently struck between Tolaram Group (Nigeria) and Guinness Nigeria serves as a pointer to a...

Recapitalisation: Fidelity Bank to Issue Additional N78.35bn Shares, Anticipates Oversubscription

July 07, (THEWILL) – Fidelity Bank will issue an additional 8.2 billion shares, worth about N78.35 billion as the bank anticipates an oversubscription of its combined offering. In a corporate disclosure on the NGX website, the company issued a notice...

Aviation Reforms in High Altitude

July 07, (THEWILL) – The reforms in Nigeria’s aviation industry are operating at an unusual altitude of professionalism, integrity and inclusiveness. In an uncommon twist of events the sector is beginning to reposition Nigeria’s image against what the international...

South-East States Record $1.89bn External Debt, $261m Investment Inflow in Four Years

July 07, (THEWILL) – Nigeria’s five south-east states accumulated a total of $1.89 billion external debt in four years, between 2020 and 2023; but recorded a paltry $261.6 million foreign investment during the period, The south-east region comprises Abia, Anambra,...

Moniepoint, SMEDAN Set To Launch Nigeria’s Informal Economy Report In Abuja

July 05, (THEWILL) – Moniepoint MfB, in conjunction with the Ministry of Industry, Trade and Investment and the Small and Medium Enterprise Development Agency of Nigeria, SMEDAN, is set for the launch of Nigeria's Informal Economy Report 2024, to...
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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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