Business

Before CBN Dabbles in Murky Waters of Agriculture Again

April 1, (THEWILL)- In what could be seen as an outright volte-face, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Wednesday, March 13, 2024, doled out a whooping N100 billion (worth of fertilizer) to the...

Lagos Mulls Pro-Health Levy on SSBs to Boost Public Health

April 1, (THEWILL)- The Lagos State Government is considering a pro-health levy on Sugar-Sweetened Beverages (SSB) to boost public health and lower the rising non-communicable diseases (NCDs) burden. Commissioner for Health Prof. Akin Abayomi noted that an SSB levy would...

Air Peace Lagos-London Route Eases Pressure on Naira, Says Keyamo at Inaugural Flight

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April 1, (THEWILL)- The Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has commended Air Peace for their Lagos-London route, which he said has helped to reduce the pressure on the Nigerian currency: the Naira as against the...

Heirs Technologies Set to Make Nigeria Africa’s Leading BPO Destination

April 1, (THEWILL)- As Nigeria strives to excel in the world of technology, Heirs Technologies, a subsidiary of the Tony Elumelu majority-owned holding company, has said it will make the country a leading Business Process Outsourcing (BPO) destination in...

Access Corporation Grows Assets by 78% to N26.68trn, Retains Grip on Industry Leadership

April 1, (THEWILL)- In an unyielding bid to maintain the lead in Nigeria’s banking industry space, Access Corporation Plc recorded a 78 percent growth in assets, which rose to N26.68 trillion in 2023 from N14.99 trillion in the prior...

Access Holdings Unveils Plans To Raise $1.5bn Capital As CBN Orders Fresh Recapitalisation

March 30, (THEWILL)- Africa’s leading financial group, Access Holdings Plc, has unveiled plans to raise US$1,500,000,000.00 (One Billion, Five Hundred Million United States Dollars) or its equivalent. THEWILL reports that the plan is coming after the Central Bank of Nigeria...

Access Corporation Profit Soars by 300% to N612bn YoY

March 27, (THEWILL) - Access Corporation, Nigeria’s largest finance holding company has reported a profit after tax of N612.4 billion up 300% from the year before. This is the largest profit ever posted by the company and presided over...

Tinubu Approves Presidential Economic Coordination Team, Taskforce

March 27, (THEWILL) - President Bola Ahmed Tinubu has approved the establishment of the Presidential Economic Coordination Council (PECC) and the creation of the Economic Management Team Emergency Taskforce (EET). A statement by Ajuri Ngelale, Special Adviser to the...

EKEDC Debunks Sack of MD/CEO Tinuade Sanda

March 27, (THEWILL)- The board of Eko Electricity Distribution Company (EKEDC) has debunked media reports that its Managing Director/Chief Executive Officer (MD/CEO), Dr Tinuade Sanda, has been relieved of her duties. The EKEDC’s statement followed reports making the rounds that...

FEC Approves Release of N60bn From CBN for Youth-targeted SMEs

March 26, (THEWILL) - The Federal Executive Council (FEC) has granted its consent for the disbursement of N60 billion from the Central Bank of Nigeria via the Agric Small and Medium Enterprises Investment Scheme. This is aimed to boost...
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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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