Business

March 12, (THEWILL) - The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe on Monday applauded President Bola Ahmed Tinubu for announcing three Presidential executive orders. The orders were directed at incentivizing...

March 12, (THEWILL)- The Central Bank of Nigeria (CBN) faces a significant liquidity crisis in supporting the naira, and must embark on more borrowing as a way out. This is on the heels of nearly $20 billion of its $33...

March 12, (THEWILL)- Ecobank Transnational Incorporated (ETI) has signed a $250 million senior unsecured bridge-to-bond loan facility, with African Export-Import Bank (Afreximbank) and Africa Finance Corporation (AFC) serving as the Global Coordinators and Initial Mandated Lead Arrangers. The purpose of...

March 12, (THEWILL)- Heirs Holdings, a leading African investment company dedicated to improving lives and transforming Africa through strategic long-term investments, announced the launch of its new subsidiary, Heirs Technologies Limited, with an ambition to empower Africa's digital transformation...

March 10, (THEWILL)- The North East Development Commission (NEDC) has announced plans to introduce electric vehicles to ease challenges associated with intra and inter-state transportation in the region. The chairperson of the reconstituted governing board of NEDC, Paul Tarfa, a...

March 10, (THEWILL)- The Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu said the Agency would double the number of female Engineers in Nigeria over the next...

March 10, (THEWILL)- Transcorp Power PLC, the power generation spinoff of Transnational Corporation of Nigeria (Transcorp), advanced 10 per cent in market value on its debut in Lagos last week. The company’s shares closed at a cumulative value of N1.98...

March 10, (THEWILL)- The Manufacturing Association of Nigeria (MAN) has revealed a disturbing trend within its sector arising from the current economic crisis. The group, in a recent report said about 767 manufacturing companies shut down operations while 335 experienced...

March 10, (THEWILL)- Going by available data, over N5 trillion intervention projects birthed by the Central Bank of Nigeria (CBN), through its development finance department, are now in limbo. This followed the policy shift by the new leadership of...

March 08, (THEWILL)- The Central Bank of Nigeria (CBN) reportmed a significant increase in foreign exchange inflow into the economy in February 2024, with marked increments in remittance payments by Nigerians overseas and purchases of naira assets by foreign...