Business

December 18, (THEWILL) – The Central Bank of Nigeria (CBN) has set a daily withdrawal limit of N100,000 per customer on point-of-sale (PoS) terminals. This is coming amid growing concern that PoS mobile agents are capitalising on lingering cash scarcity...

December 16, (THEWILL) – United Bank for Africa through UBA Foundation, its corporate social responsibility arm, has donated the sum of N 500 million to the Lagos State Security Trust Fund as part of its continued commitment to secure...

December 16, (THEWILL) – Nigeria’s 36 states and the Federal Capital Territory (FCT) have been awash with cash in the past one year, following the surge in their share of the Federation Account Allocation Committee (FAAC).   However, this does not...

..Amid $1trn Economy Dream December 15, (THEWILL) - Two critical sectors, oil, gas and telecommunications (Telecom), recorded poor foreign investment performance in the third quarter of the year (Q3 2024), according to the National Bureau of Statistics (NBS) Capital Importation...

December 15, (THEWILL) - Polaris Bank has achieved yet another milestone by emerging as the Sectoral Winner in the Banking and Other Financial Institutions Sector category at the 2024 NECA Annual Employers’ Excellence Awards. The Bank received the sectoral recognition...

December 15, (THEWILL) - The Nigerian equities market has advanced into the N60 trillion territory, a record performance that boosts investors’ optimism for massive gains haul in the next 10 trading days to close the year. At the end of...

December 15, (THEWILL) - Whenever (and if ever) it comes into existence, Nigeria’s 2025 Federal Budget is already a gross violation of the letter and spirit of the country’s Fiscal Responsibility Act (FRA) 2007. Specifically, the timelines enshrined in...

December 13, (THEWILL) - The Chairman/Chief Executive Officer of Chisco Group of Companies, Dr Chidi Anyaegbu, has announced his decision to step back from the planned installation as National Life Patron of the United Igbo Elders Council Worldwide...

December 13, (THEWILL) - Seplat Energy Plc has finalized its acquisition of Mobil Producing Nigeria Unlimited from ExxonMobil Corporation, marking a significant milestone in the Nigerian oil and gas sector. The $800 million transaction, initially agreed upon in...

December 12, (THEWILL) - Nigeria’s Access Holdings Plc, the largest financial services group in the country by total assets, has announced a major step in its continental expansion strategy with the acquisition of Bidvest Bank Limited, a South...