Business

June 23, (THEWILL) - “Nigeria is facing its worst economic crisis in decades, with skyrocketing inflation, a national currency in free-fall and millions of people struggling to buy food. Only two years ago, Africa’s biggest economy, Nigeria was projected to...

June 21, (THEWILL) - The Central Bank of Nigeria (CBN) has hosted a dialogue between the Organised Private Sector (OPS) and the Bank’s leadership to explore strategies for enhancing Nigeria’s financial sector. The meeting held at the Bank's Lagos...

June 17, (THEWILL)- The Guaranty Trust Holding Company Plc says it has concluded plans to raise about N500bn starting in July. This was disclosed in a notice of its preliminary prospectus filed with the Securities and Exchange Commission. According to the...

June 17, (THEWILL)- The value of Nigeria’s exported agricultural products rose significantly in the first quarter of the year (Q1, 2024) by 270.3%  to N1.03 trillion, compared with N279.64 billion recorded in Q1 2023, on the back of over 200%...

June 16, (THEWILL)- It is most auspicious at this time, exactly one year after the inauguration of the Bola Tinubu Administration (May 29, 2023), to do an appraisal of how well or otherwise the Nigerian economy has fared. This...

June 16, (THEWILL)- The revenue accruing to the Federation Accounts Allocation Committee (FAAC)  via the Electronic Money Transfer Levy (EMTL)  dropped by 17.6 percent from N57.69 billion in Q1 2023 to N49.54 billion in Q3 2024. This is based on data...

It was in bad faith – Legal Expert It’s Response to Corporate Governance Rascality - Analysts June 16, (THEWILL)- Some stakeholders and industry experts have expressed different views on the controversy trailing the liquidation of Heritage Bank Limited, after...

June 14, (THEWILL) – Aiteo Eastern Exploration and Production Limited, one of Nigeria’s largest indigenous producers, has recorded crude sales of $325m about N471 billion in the first half of the year and could be on course to reach...

June 10, (THEWILL)- The Central Bank of Nigeria (CBN) has refuted reports of ongoing plans to revoke operational licences of Fidelity, Polaris, Wema and Unity Banks. The apex bank, in a statement through its Acting Director of Corporate Communications Department,...

June 10, (THEWILL)- Bravura Holdings – a firm owned by Nigerian tycoon Benedict Peters – plans to start production at a Zimbabwean lithium project early next year, a company official said. The miner remains committed to commissioning the Kamativi lithium...