Business

May 9, (THEWILL) - The shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM), held at the Civic Centre, Victoria Island, Lagos, on Wednesday, May 8, 2024, approved the proposed final dividend payment of NGN3.50...

May 7, (THEWILL) - The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs) in the country to suspend charges on cash deposits until September 30, 2024. The apex bank, in a circular signed by its Director...

May 7, (THEWILL) - Cryptocurrency trading firm, Binance, has condemned Nigeria over the detention of Tigran Gambaryan, the Head of the crypto exchange’s financial crime compliance unit. Gambaryan was detained along with Binance Regional Manager for Africa, Nadeem Anjarwalla,...

May 6, (THEWILL) - Following the enactment of the Cybercrime (Prohibition, Prevention, etc) (Amendment) Act 2024 and pursuant to the provision of Section 44 (2)(a) of the Act, the Central Bank of Nigeria (CBN) has directed all banks,...

May 6, (THEWILL) - The Securities and Exchange Commission (SEC) has unveiled plans by the Commission to delist the Naira from P2P (peer-to-peer) cryptocurrency trading platforms. The Ag Director General of the Commission, Dr. Emomotimi Agama, who disclosed this,...

May 6, (THEWILL)- Fitch Ratings has upgraded Nigeria’s credit rating outlook from stable to positive, saying the new rating partly reflects significant reforms by President Bola Tinubu to support the restoration of macroeconomic stability and enhance policy coherence. It affirmed...

May 6, (THEWILL)- The Central Bank of Nigeria, CBN, has expressed worries over the declining economic activities in the country. The CBN deputy governor of Corporate Services, Bala Moh’d Bello, disclosed this in a statement at the end of the...

May 5, (THEWILL) - Zenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat, for the development and deployment of the SMARTAfCFTA Portal to facilitate...

May 5, (THEWILL)- Once upon a time, Nigeria’s national currency, the Naira, was the most sought-after medium of exchange and store of value within the Economic Community of West African States (ECOWAS); it was almost a fully convertible currency...

Guaranty Trust Holding Company Plc (GTCO) released its Q1-24 unaudited financial statements on Friday, reporting a whopping 696.1% y/y rise in earnings per share (EPS) to N16.24 for the period under review as against N2.04 in Q1 2023. The impressive...