Business

May 14, (THEWILL)- The Central Bank of Nigeria (CBN) is set to undergo a major operational overhaul, aiming to transfer about N5.5 trillion in development finance activities to a combination of private banks and Development Finance Institutions (DFIs). According to...

May 13, (THEWILL)- The Socio-Economic Rights and Accountability Project (SERAP), BudgIT and 136 concerned Nigerians have filed a lawsuit against the Central Bank of Nigeria (CBN) “over its failure to withdraw the patently unlawful ‘Circular’ directing all banks and...

May 13, (THEWILL)- Electricity Consumers, industry experts, insiders and other stakeholders have expressed the doubt about the relevance of the recent unbundling of the Transmission Company of Nigeria (TCN) into two entities in solving the notorious electricity challenge that...

May 12, (THEWILL)- SIM boxing happens when a person uses a special equipment, what is called a SIM Box containing tens to hundreds of SIM Cards—from 32, to 96, to 512 and more SIMs —to terminate international calls by...

May 12, (THEWILL)- As part of efforts aimed at improving access to finance for small business owners across the country, the Development Bank of Nigeria (DBN), says it has since inception disbursed more than N787 billion to over 495,000...

May 12, (THEWILL)- After countless, yet unachieved, completion targets announced by the federal government and the Nigerian National Petroleum Company Limited  (NNPCL) in the past years, 2025 has been announced as the new completion target. This has triggered concerns...

May 12, (THEWILL)- Transcorp Plc, Africa’s leading diversified conglomerate, has announced its interim results for the first quarter ending March 21, 2024, achieving a remarkable growth of 173 percent in gross earnings from N32.39 billion reported in  Q1 2023...

May 10, (THEWILL) - Non-bank credit card issuer, 03 Capital, has signed a partnership deal with American Express (AMEX) to offer US dollar-denominated credit cards to Nigerians. O3 said its latest partnership agreement with AMEX is to expand...

May 10, (THEWILL) - The International Monetary Fund (IMF), says it remains positive with Nigeria’s bold economic reforms. Highlighting the autonomy of the Central Bank of Nigeria (CBN), the Fund cautioned against the proposed amendment to the Act establishing...

May 10, (THEWILL) - FBN Holdings has announced that Mr Tunde Hassan-Odukale has officially stepped down as Chairman of FirstBank of Nigeria Limited, following the expiration of his tenure. This was contained in an official filing of the company,...