Business

CBN Directs Banks, Financial Institutions To Publish Dormant Account Details

February 19, (THEWILL) – The Central Bank of Nigeria has instructed all deposit money banks and other financial institutions to publish details of dormant accounts, including the names of account holders, account types, and branch locations, on their official...

Nigeria’s Inflation Dropped To 24.48% In January After CPI Rebasing – NBS

February 18, (THEWILL) – Nigeria’s headline inflation rate declined from 34.80% in December 2024 to 24.48% in January 2025 following the rebasing of the Consumer Price Index, the National Bureau of Statistics announced on Tuesday. The rebasing...

UBA Group Champions Peace In Africa With Landmark $500,000 Donation To AU Peace Fund

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February 18, (THEWILL) – United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across Africa with a landmark donation of $500,000 to the African Union (AU) Peace Fund. This donation by the Group supports the...

Kogi Investment Summit: Memories of February 2018 Economic Mirage

February 17, (THEWILL) – Undaunted by a deluge of criticism and negative media reports, the Kogi State Government, under Alhaji Yahaya Bello, as governor, braved a two-day ‘Kogi Economic and Investment Summit’ February 13-14, 2018. It was the first in...

Functional Dangote Plant Halts Unending Repairs of NNPC’s Refineries

February 16, (THEWILL) –In a dramatic coincidence, Nigeria’s four moribund refineries, which have laid comatose for well over two decades, have returned to life. This is happening at a time Dangote Petroleum Refinery has begun production and inching close...

GTBank Introduces Zero Processing Fee on POS Terminals for SMEs

February 16, (THEWILL) – Guaranty Trust Bank Ltd (GTBank) has scrapped processing fees on all its point-of-sale (POS) terminals, allowing small and medium-sized enterprises (SMEs) to receive payments at no cost. The bank announced the initiative in a notice to...

Stock Market Investors Record N1.82trn Gain in February 2nd Week

February 16, (THEWILL) – Nigeria equities market continues to reward investors with enhanced gains as the local bourse remained bullish at the end of the second week trading in February, 2025.   Market capitalisation, closed at N67.41 trillion on Friday, February...

Keystone Bank Safe, Sound, Fully Operational – CBN Assures

February 14, (THEWILL) – The Central Bank of Nigeria (CBN) has assured the public, including depositors and other stakeholders of Keystone Bank Limited, that the financial institution remained safe, sound, and fully operational. The assurance followed Tuesday's ruling of an...

FBNHoldings Rebrands As First HoldCo

February 12, (THEWILL) – FBN Holdings Plc, one of Africa’s premier financial institutions, has announced the change of its name to First HoldCo Plc. (First HoldCo). In a statement on Tuesday, the company said this naming convention will also be...

BIPC Demands N65.8bn Equity Shares From Dangote Cement

February 11, (THEWILL) – Benue Investment and Property Company Limited (BIPCL) has vowed to pursue all available options to recover its outstanding equity share payment of ₦65,871,293,212.30, which Dangote Cement Company PLC has failed to settle 19 years...
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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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