Business

May 18, (THEWILL) – The Central Securities Clearing System PLC (CSCS) has launched  the *7270#, its Unstructured Supplementary Service Data (USSD) code service.   The USSD code service is an innovative solution designed to enhance the ease and accessibility of investment services for...

May 18, (THEWILL) – The Electric Money Transfer Levy (EMTL) component of the Federation Accounts Allocation Committee (FAAC) rose by N53.71 billion in April 2025 hitting N119.55 billion.   This constitutes an 81.57 percent increase year-to-date compared to a total of...

May 14, (THEWILL) – The Central Bank of Nigeria (CBN) has announced that its 300th Monetary Policy Committee (MPC) meeting will hold on Monday, May 19, and Tuesday, May 20, 2025. This was disclosed in a statement titled “Notice...

May 12, (THEWILL) – United Bank for Africa Plc (UBA) came top in digital banking revenue among 10 selected Nigerian deposit money banks (DMBs) according to data from their audited FY 2024 financial statements.   The e-banking income includes revenue from...

May 11, (THEWILL) – Lafarge Africa Plc successfully held its 66th Annual General Meeting (AGM) in Lagos recently during which its members applauded the company’s impressive performance in the FY 2024. The AGM, attended by shareholders, board members, and stakeholders, reviewed...

May 11, (THEWILL) – With the new management team recently constituted by President Bola Tinubu for the behemoth Nigeria National Petroleum Company Limited (NNPCL) in place, one fact is certain: The unending maintenance of the nation’s four refineries will...

May 11, (THEWILL) – BUA Foods Plc’s earnings in Q1 2025 were the highest in the history of the 37-year-old company, with a net profit after tax of N125.28 billion, representing a 124 percent increase from N55.82 billion in...

May 11, (THEWILL) – The recent handling of Nigeria’s naira-for-crude oil sales to local refineries has brought long-standing gaps in the nation’s economic planning into sharp relief. The under-utilisation of domestic crude as a tool for sustainable growth and the...

May 09, (THEWILL) – The Dangote Petroleum Refinery & Petrochemicals (DPRP) and the Nigerian National Petroleum Company (NNPC) Limited have assured Nigerians of collaboration to ensure energy security in the country. The President/Chief Executive of Dangote Group, Aliko Dangote, disclosed...

May 08, (THEWILL) – A Federal High Court, sitting in Abuja, on Thursday, held that the Federal Competition and Consumer Protection Commission (FCCPC) lacked the authority to determine price under a free market economy. The judgement followed the ruling...