Business

January 27, (THEWILL) — United Bank for Africa (UBA) has expanded its digital banking services with the launch of a new instant account opening platform, allowing customers to open bank accounts within minutes using mobile devices. The initiative is...

January 27, (THEWILL) — The Nigerian equities market closed on a positive note on Tuesday, as the market capitalization opened at N105.962 and settled higher at N106,088. The NGX All-Share Index (ASI) also recorded an uptick, rising from 165,517.56 to...

January 27, (THEWILL) — The Central Bank of Nigeria (CBN) has upgraded several leading fintech firms, including OPay, Moniepoint, and PalmPay, to national payment licences, marking a major step in the regulator’s effort to deepen financial inclusion and strengthen...

‎January 27, (THEWILL) — Workers and industry operators in Nigeria’s alcoholic beverage value chain have rejected the planned ban on sachet alcohol, warning that the move could trigger widespread job losses and disrupt a sector that supports millions...

‎January 27, (THEWILL) — Nigeria’s public finances are increasingly trapped in a cycle of widening deficits and mounting borrowing, as the country’s budget shortfall has surged by an alarming 984 percent over the past 11 years, underscoring growing...

‎January 27, (THEWILL) — Dangote Refinery has increased the price of petrol by ₦100 per litre across Nigeria, the latest move expected to have far-reaching effects on consumer spending, transportation costs, and inflationary pressures. Industry sources say the adjustment...

January 26, (THEWILL) — The Nigerian equities market recorded a largely stable session on Monday, with the market opening at N105.959 and closing marginally higher at N105.962. The NGX All-Share Index (ASI) similarly edged up, opening at 165,512.18 and closing...

January 26, (THEWILL) — Pension contributions in Nigeria rose to N1.318 trillion, driven largely by strong participation from the private sector, according to latest industry data. The increase reflects growing compliance with the Contributory Pension Scheme (CPS) and...

January 26, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd) and Chevron Nigeria Limited (CNL), have recorded a major exploration breakthrough with the successful completion of the Awodi-07 appraisal and exploration well in the shallow offshore...

January 26, (THEWILL) — The Development Bank of Nigeria (DBN) is anticipated to enhance its support for micro, small, and medium enterprises (MSMEs) as the implications of the new tax laws will inevitably transform the operational framework of this...