Business

DBN: Tax Reform Bills, Fintechs to Fast-Track MSMEs Development in 2025

January 19, (THEWILL) – Baring all odds, the drive by the Development Bank of Nigeria (DBB) to grow the micro, small and medium enterprises (MSMEs), will assume an accelerated dimension in 2025.  This anticipation hinges on the prospects of the...

225m Debt: We’ll Meet In Court – FirstBank, GHL Continue Verbal War

January 15, (THEWILL) – The raging war of words between First Bank of Nigeria Limited and General Hydrocarbons Limited (GHL), owners and operators of OML 120, Deep Offshore Nigeria, has continued, even as both parties said they would meet...

New Telecom Tariff: Nigerians Brace for Price Hike As Tax Burden Grows

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January 13, (THEWILL) – An inevitable fallout from the recently approved telecommunications (telecom) tariff hike is price increase and additional tax burden it would impose on the people. The federal government last week approved a tariff hike in the telecom...

NIBSS: Infrastructure Transformation Lifts Businesses at Countryside

January 12, (THEWILL) – Unknown to many people, the reinforced commitment by the Nigerian Inter-Bank Settlement System (NIBSS), towards advancing the country’s financial inclusion strategy, played a major role in the business boom that occurred in the rural areas...

KPMG Banking Survey: UBA Emerges Top 5 In Customer Experience

January 07, (THEWILL) – Africa’s Global Bank, United Bank for Africa (UBA) Plc, has cemented its position as a leading customer-centric institution, emerging among the Top 5 banks, in various survey segmentation, in the recently released KPMG 2024 West...

GTCO Secures N209bn In Initial Phase Of Recapitalisation Plan

January 07, (THEWILL) – Guaranty Trust Holding Company Plc has successfully raised N209.41 billion in the first phase of its equity capital raise programme, marking a significant step in its recapitalisation strategy. In a statement issued on Monday, the financial...

UBA Plc Enhances Digital Infrastructure with N135bn 

January 06, (THEWILL) – Determined to remain atop industry performance rating, Africa’s Global Bank -- United Bank for Africa (UBA) Plc, sank a whopping N135.4 billion in its digital infrastructure during the nine months ended September 30, 2024. This constitutes a 121.4 percent...

Equities Market Delivers N21.85trn Gain to Investors in 2024

January 05, (THEWILL) – Nigeria's equities market delivered a record N21.85 trillion gain in 2024 on the back of robust investors' confidence that characterised trading activities during the period. Data from the Nigerian Exchange Limited (NGX) showed that the the...

FG to meet N19.4 trillion revenue projection in 2024 – Zacch Adedeji  

January 05, (THEWILL) – The chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has stated that the federal government is on track to achieve its N19.4 trillion revenue target for 2024. Adedeji made this statement on Monday, attributing...

NNPC Makes U-Turn on Kaduna, Warri Refineries

January 05, (THEWILL) – About five months after the Nigerian National Petroleum Company Limited (NNPC Ltd.) said it had commenced the search for companies to take over the running of the Kaduna and Warri Refineries, the national oil company...
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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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