Business

May 20, (THEWILL)- Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions. The decision of the apex bank to withdraw the circular followed the public outrage that...

May 19, (THEWILL)- Shareholders of Fidelity Bank Plc have endorsed the recommendation of the board of directors for a final dividend of N19.2 billion for the financial year 2023. The shareholders gave the approval at the company’s 36th Annual General...

May 19, (THEWILL)- After close to one century-and-half operation in Nigeria, the multinational giant, PZ Cussons Nigeria, has announced its plan to quit Nigeria and a few other African countries. Ironically, this is happening at a time that President...

May 19, (THEWILL)- The high cost of goods and services as well as the increase in operating expenses experienced by businesses in Nigeria are, directly or indirectly, linked to the high cost of doing business in the country’s ports. Findings...

May 19, (THEWILL)- United Bank for Africa (UBA) has maintained the lead in electronic banking (e-banking) revenue among theTier-1 banks, according to data from the FY 2023 and Q1 2024 financial statements of the institutions. In the Tier-1 category...

May 15, (THEWILL)- In a bid to update customers’ records in its database and ensure seamless operations, Zenith Bank Plc has commenced moves to eliminate expired identification modes. The most affected are the driver’s licence and international passports, which have...

May 15, (THEWILL)- The Executive Vice Chairman and Chief Executive Officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, has underscored the importance of effective resource management, emphasising the Agency's responsibility in administering public...

May 15, (THEWILL)- As the Economic and Financial Crimes Commission (EFCC) intensifies the clampdown on Bureau De Change (BDC) operators over the continued depreciation of the naira, members of the Association of Bureau De Change Operators of Nigeria (ABCON)...

May 14, (THEWILL) - The Central Bank of Nigeria (CBN), says it will hold its 295th Monetary Policy Committee (MPC), meeting on Monday, May 20 and Tuesday, May 21, 2024 The apex bank disclosed this on Tuesday, in statement,...

May 14, (THEWILL)- Despite the challenging operating environment, shareholders of Unilever Nigeria Plc have approved a N4.3 billion dividend for the 2023 financial year. The shareholders approved the dividend at the company’s 99th Annual General Meeting (AGM) held in Lagos. The...