Business

DBN Announces 2024 Entrepreneurship Training Program For MSMEs in Nigeria

August 25, (THEWILL) – The Development Bank of Nigeria (DBN) has officially launched the 2024 edition of its flagship Annual DBN Entrepreneurship Training Program (DBNETP), aimed at equipping Micro, Small, and Medium Enterprises (MSMEs) in Nigeria with the necessary...

Estimated Billing: Electricity Consumers in a Dilemma as Meter Costs Surge

August 25, (THEWILL) – The fate of Nigeria’s electricity consumers under the estimated billing system is shrouded in uncertainties following the astronomical increase in the cost of electricity meter. Estimated customers refer to the system of arbitrary charging against unmetered...

Recapitalisation: FCMB Sees Triple-Digit Growth Amid e-Banking Revenue Surge

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August 25, (THEWILL) – FCMB Group, a foremost financial services holding company, posted impressive results for its half year 2024 operations. The remarkable performance, which reflects a positive trajectory towards a triple-digit growth in the recapitalization environment, underscores its...

Afrigopay Announces Upgraded AfriGO Settlement Process For Instant Credit To POS Merchants

August 21, (THEWILL) – Afrigopay Financial Services Limited (AFSL) has announced the successful launch of instant POS settlement for AfriGO card transactions, marking a significant advancement in the global payment landscape. This pioneering service provides merchants with...

Unity Bank Champions Digital Literacy, Innovation For Youth Empowerment

August 21, (THEWILL) – Unity Bank Plc recently held a high-impact webinar to explore the role of digital technology in sustainable development. This was in line with its commitment to supporting youth empowerment and technological innovation, and creating...

Group Flays Tinubu’s Economic Policies, Says They May Not Attract Investors

August 20, (THEWILL) – The Private Equity and Venture Capital Association of Nigeria (PEVCA), the industry and advocacy body promoting private equity and venture capital in the country, has said that the policies of President Bola Tinubu-led government...

H1 2024: Union Bank Grows Pre-Tax Profit By 20% To N79.8bn

August 20, (THEWILL) – Seven months after delisting on the Nigerian Exchange in November 2023, Union Bank of Nigeria has reported a profit before tax of N79.8 billion during the half year ended June 30, 2024, compared with...

FIRS Pushes For Legislative Reform to Simplify Revenue Collection

August 19, (THEWILL) – Nigeria’s Federal Inland Revenue Service (FIRS) is drafting an executive bill to overhaul revenue administration, including regulating the cryptocurrency industry. FIRS Chairman, Zacch Adedeji, announced this at a stakeholders’ engagement with the National Assembly’s joint committee...

Don’t Directly Fund SMEs, MSMEs, Moghalu Tells CBN

August 19, (THEWILL) – Former presidential candidate and economist, Prof Kingsley Moghalu, has faulted direct funding of Small and Medium Enterprises (SMEs) and Micro, Small and Medium Enterprises (MSMEs) by the Central Bank of Nigeria (CBN). In a statement...

Ecobank Pumps N14.35bn Facilities Into Economy in Six Months

August 19, (THEWILL) – Amid the country’s troubled economy, Ecobank Nigeria Limited, injected N14.35 billion through ‘Loans and Advances to Customers’ in six months (January – June 2024). The bank’s half-year financial statements filed with the Nigerian Exchange (NGX) revealed...
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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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