Business

March 26, (THEWILL) - In keeping with its inflation-targeting framework, the Central Bank of Nigeria (CBN), on Tuesday, raised the interest rate (also called monetary policy rate) by 200 basis points from 22.75 percent it put it last...

March 26, (THEWILL) - The Central Bank of Nigeria's Monetary Policy Committee, after its 2-day meeting in Abuja, on Tuesday, voted to raise interest rate to 24.75% from 22.75%, in another aggressive move to tame hyper-inflation. THEWILL reports that...

March 25, (THEWILL) - The Central Bank of Nigeria (CBN) has sold $10,000 to each Bureau De Change (BDC) operator at the rate of N1,251/$1. The apex bank, in a statement issued by its Director, Trade and Exchange Department,...

March 25, (THEWILL)- Shareholders of Ecobank Transnational Incorporated (ETI) have cause to entertain strong optimism as the value of the company’s stock recorded strong price valuation in the first quarter of 2024. This is a positive development amid headwinds...

March 25, (THEWILL)- The new National Agency for Science Engineering Infrastructure (NASENI) has unveiled a new corporate identity in line with the repositioning of the Agency.   The new corporate identity comprises a newly redesigned logo tagged ‘NASENI: Infinite Possibilities’ and...

March 25, (THEWILL)- Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has called for a coordinated and multilateral approach by the region to protect shared telecommunications infrastructure, and diversify connectivity...

March 24, (THEWILL)- Small businesses and consumer goods firms are facing heavy disruption in their supply chain and operational costs due to inflation, currency risk, removal of fuel subsidies leading to a significant increase in energy costs and scarcity...

March 24, (THEWILL)- Trading in the top three equities namely United Bank for Africa Plc, FBN Holdings Plc and Access Holdings Plc (measured by volume) accounted for 564.882 million shares worth N16.990 billion in 8,493 deals, contributing 32.56% and...

March 24, (THEWILL)- The state governments noted that the decision is to ensure the efficient provision of electricity services to citizens. This was disclosed in a letter dated 18 March, addressed to the Executive Chairman of NERC, Sanusi Garba. The letter...

March 24, (THEWILL)- The National Economic Council (NEC) has endorsed the implementation of the $617.7 million Investment in Digital and Creative Enterprises (i-DICE) programme across the 36 states of the federation and the Federal Capital Territory (FCT). The approval was...