Business

N30trn Ways And Means: Senate Probe Business as Usual – Experts

March 17, (THEWILL)- About five months after it initiated an investigation into the multi-trillion naira repairs of the nation’s moribund refineries, the Senate on March 12, 2024 commenced another fact-finding process. The upper legislative chamber inaugurated a panel to probe...

Nigeria’s Inflation Soars to 31.7% in February

March 15, (THEWILL) - Nigeria’s inflation rate rose to 31.70 per cent in February from 29.90 per cent recorded in January 2024. This figure indicates an increase of 1.80 per cent, the National Bureau of Statistics said...

CBN Issues Directive on Prudent Management of Forex Gains

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March 14, (THEWILL)- The Central Bank of Nigeria (CBN) has issued a directive to all banks on the need to strictly comply with foreign exchange (forex) policy reforms especially as it relates to prudent management of the recent forex...

UTM Solicits NCDMB’s Equity Investment, Approvals For Floating LNG Project

March 14, (THEWILL)- UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would...

Nigeria To Raise $1bn In External Borrowing Through Eurobonds Issuance

March 14, (THEWILL) - Nigeria Plans to raise a total of $1 billion in external borrowing through the issuance of Eurobonds. Ahead of the Eurobond issuance, the Federal Government has contracted Citibank NA, JPMorgan Chase & Co, and Goldman...

Heirs Technologies appoints Obong Idiong as Chief Executive Officer

March 14, (THEWILL) - Heirs Technologies, a leading digital transformation company, has announced the appointment of Obong Idiong as its Chief Executive Officer. Idiong brings considerable experience in the technology sector and a visionary approach to this role....

Access Holdings Plc Announce Return of Aig-Imoukhuede as Chairman after 10 Years

March 13, (THEWILL) - Access Holdings Plc has announced the return of Mr. Aigboje Aig-Imoukhuede, CFR as its Non-Executive Chairman of the group. Mr. Aig-Imoukhuede replaces Mr. Abubakar Jimoh, the erstwhile Chairman of the HoldCo who remains on...

IWD: Grant Thornton Releases 20-year Women in Business Report

March 13, (THEWILL) - Leading global management consulting firm, Grant Thornton, has released a 20-year Women in Business report which identifies three ways businesses can increase the number of women in senior roles. The report is coming at...

CBN Warns Banks, Authorised Dealers Against Use of Outdated Circulars, Guidelines

March 13, (THEWILL) - The Central Bank of Nigeria (CBN} has frowned against the use of outdated circulars and guidelines by Deposit Money Banks, DMBs, Licensed Non-interest banks and other authorized dealers at its discount. The CBN has, therefore,...

NCC, Swedish Govt Pledge to Depeen Partnerships

March 13, (THEWILL) - The Nigerian Communications Commission (NCC) has expressed its resolve to work with the Swedish government. The NCC Executive Vice Chairman/CEO, Dr Aminu Maida, disclosed this when he received the Swedish Ambassador to Nigeria, Her Excellency,...
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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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