Business

May 5, (THEWILL)- As deposit money banks scamper for resources to meet up with the new capital base requirement announced by the Central Bank of Nigeria (CBN), the Nigerian Deposit Insurance Corporation (NDIC) has taken proactive measures to checkmate...

May 5, (THEWILL)- As Nigeria continues to rely solely on refined imported petroleum products, especially the Premium Motor Spirit (PMS), popularly known as petrol, there are strong indications that the recent fuel crisis that engulfed parts of Nigeria is...

May 4, (THEWILL)- Zenith Bank Plc has released its unaudited financial results for Q1 2024, revealing a pre-tax profit of N320.194 billion. This represents a notable 269.72% surge compared to the previous year. Additionally, this figure accounts for 40.23 %...

May 2, (THEWILL) - Nigeria’s leading, listed conglomerate with investment in the power, hospitality, and energy sectors, Transnational Corporation Plc (“Transcorp” or the “Group”), has announced impressive Q1 financial results for the period ended March 31, 2024. In its...

April 29, (THEWILL)- The effective regulation off the telecommunication (telecom) sector by the Nigerian Communications Commission (NCC) has strengthened the operators towards effective e-services that boost government and financial services revenue through taxes and levies. A look at the performance...

April 28, (THEWILL)- Honorable members of the National Assembly, esteemed colleagues, distinguished guests, and dedicated stakeholders of the Nigerian Power Sector, It is a profound honor to address you today on a matter of critical national importance. This discussion is...

April 28, (THEWILL)- First Bank of Nigeria Limited, West Africa’s premier financial institution and leading financial inclusion services provider, announced its recognition as the Best Private Bank in Nigeria and Best Private Bank for Sustainable Investment in Africa at...

April 28, (THEWILL)- Nigeria’s rising headline inflation rate has been driven by high cost of food. This has been the trend for a long time now, culminating in the latest inflation surge of 33.2 percent in March 2024, up...

April 28, (THEWILL)- The Senate’s probe of N30 trillion Ways and Means loan obtained by the Muhammadu Buhari Administration from the Central Bank of Nigeria (CBN) has snowballed into eight weeks, against the scheduled four weeks deadline for a...

April 26, (THEWILL) - Telecoms operators in Nigeria have called for cost-reflective tariff in view of extant economic realities. The appeal is subsequent to earlier request by the Association of Licensed Telecom Operators of Nigeria (ALTON), for the...