Business

Zenith Bank Expands Global Footprints With Official Commissioning Of Paris Branch

November 29, (THEWILL) - Zenith Bank Plc has expanded its global footprint with the opening of Zenith Bank (UK), Paris Branch. The bank, in a statement, said the official commissioning, which took place on Wednesday, November 27, 2024, at 21...

UBA Group To Commence Full Banking Operations In France

November 28, (THEWILL) - United Bank for Africa (UBA Group) has signed a landmark business cooperation agreement with the French Government for the development of UBA's full banking operations in France. The agreement, witnessed by President Tinubu and the President...

GTBank Completes Transition to Finacle Suite, Promises Enhanced Customer Experience

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November 28, (THEWILL) - Guaranty Trust Bank has concluded its migration to the Finacle Suite, a state-of-the-art core banking application system, reaffirming its commitment to delivering improved customer service. The transition, which commenced on October 11, 2024, is part of...

Access Bank Completes Acquisition Of Standard Chartered In Angola, Sierra Leone

November 28, (THEWILL) - Access Bank Plc has announced the successful acquisition of Standard Chartered Bank Angola S.A and Standard Chartered Bank (Sierra Leone) Limited. Managing Director/Chief Executive Office, Access Bank Plc, Roosevelt Ogbonna, disclosed this in a notification...

Petrol Price At PH Refinery N75 Higher Than Dangote – PETROAN

November 27, (THEWILL) - The Petroleum Products Retail Outlets Owners Association of Nigeria has expressed concern over the disparity in petrol prices at the Port Harcourt Refinery and the Dangote Refinery. Speaking during the reopening ceremony of the refinery on...

BREAKING: Again, CBN Raises Interest Rate To 27.50%

November 26, (THEWILL) - Despite growing discontent among manufacturers about high interest rates, the Monetary Policy Committee of the Central Bank of Nigeria (CBN) has again  raised the benchmark interest rate by 25 basis points from 27.25% to 27.50% CBN...

OPay Partners AfriGOpay To Boost Digital Payments In Nigeria

November 26, (THEWILL) - OPay,  a fintech company has announced a strategic partnership with AfriGO Card, to enhance the availability of digital payment services to Nigerians. AfriGO card is powered by Afrigopay Financial Services Limited (AFSL), a subsidiary of the...

Kano Seals Max Air Headquarters

November 26, (THEWILL) - The Kano State Internal Revenue Service has sealed the head office of Max Air Limited, over failure to pay about N190 million in Pay As You Earn (PAYE) and other tax liabilities accrued...

Nigeria’s GDP Grows By 3.46% In Q3 2024

November 25, (THEWILL) - Nigeria’s Gross Domestic Product grew by 3.46% year-on-year in real terms in the third quarter of 2024, representing a 0.27 percentage point increase compared to the 3.19% growth recorded in Q2 2024, the National...

FAAC Allocation Swells 60% to N18.7trn on Devaluation

November 25, (THEWILL) - Total disbursements from the Federal  Account Allocation Committee (FAAC)  to the federal, state and local governments rose by 60 percent  to N19.7 trillion  (year-on-Year) as of October 2024, from N12.31 trillion in the corresponding period...