Business

October 27, (THEWILL) – Determined to remain atop industry performance rating, Africa’s Global Bank -- United Bank for Africa (UBA) Plc, sank a whopping N135.4 billion in its digital infrastructure during the nine months ended September 30, 2024....

October 26, (THEWILL) - First Bank of Nigeria has dismissed misleading reports that it is presently carrying out any system upgrade. The bank in a statement signed by its Group Head, Marketing & Corporate Communications, Folake Ani-Mumuney, said the misleading...

October 25, (THEWILL) - The International Monetary Fund (IMF) has said the removal of subsidy on petrol was a domestic decision made independently by the Nigerian government. THEWILL reports that President Bola Tinubu, on May 29, 2023, announced the...

October 24, (THEWILL) - Nigeria’s public debt has increased to N134.3 trillion ($91.3 billion) in the second quarter of 2024, representing a 10.35% increase from the N121.7 trillion ($91.5 billion) recorded in the first quarter, Nairametrics reported,...

October 21, (THEWILL) - Riding on its recently released half-year financials, Africa’s Global Bank – United Bank for Africa (UBA) Plc, has announced its unaudited results for the third quarter that ended September 30, 2024, where it recorded...

October 21, (THEWILL) - Several Nigerian banks have engaged in systems upgrade in recent times which has created service disruptions to the consternation of the customers and other banks’ services users. In the past weeks, major Nigerian deposit money...

October 20, (THEWILL) – The approval of an Economic Stabilisation Bill (ESB) by the Federal Executive Council (FEC) presided over by President Bola Ahmed Tinubu, recently, is by all consideration, a move at the nick of time. This...

October 20, (THEWILL) – FBN Holdings Plc has officially announced the appointment of Adebowale (Wale) Oyedeji as the new Group Managing Director (GMD), effective November 13, 2024. This appointment, which is subject to the approval of the Central Bank of...

October 20, (THEWILL) – In a paradox that has defined Nigeria’s electricity sector, the eleven Distribution Companies (DisCos) across the country recorded increased revenue during the second quarter of the year (Q2 2024) amid poor power supply and...

October 20, (THEWILL) – With many businesses battling for survival amid mounting economic headwinds, there are renewed expectations that Nigeria’s leading digital retail financial institution, Polaris Bank Limited, would step up its activities to salvage the crumbling informal...