Business

October 18, (THEWILL) – Nigeria banks lost N42.6 billion to fraud in the second quarter of 2024, the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), said on Friday. Citing report from the Financial Institutions Training Centre...

October 17, (THEWILL) – American multinational financial services firm, JP Morgan, has advised countries, including Nigeria, who are seeking foreign direct investments (FDIs) to ensure consistency in their regulatory frameworks. Speaking on Wednesday, at the 30th Nigerian Economic Summit, Mr...

October 16, (THEWILL) – Nigeria’s foreign reserves rose by 12.74 percent to $39.12 billion as at October 11, Central Bank governor, Olayemi Cardoso, disclosed on Tuesday. Speaking when he appeared before the House of Representatives committee on banking regulation,...

October 14, (THEWILL) – Transcorp Power Plc, one of the power subsidiaries of Transcorp Group, has announced its financial results for the third quarter of the year ending September 30, 2024, demonstrating remarkable growth across the business. In its...

October 14, (THEWILL) – Nigeria’s contributory pension scheme (CPS) which marks its 20th anniversary this year (2024) has not only repositioned the pension industry and impacted the economy in a positive way; it has put the apex regulatory body,...

October 13, (THEWILL) – Despite housing huge crude reserves, significant natural gas deposit and being the hub of Nigeria’s oil business, Rivers State, in South-south region, attracted zero foreign investment in two quarters (Q1 and Q2) of the...

October 13, (THEWILL) – As someone who watched the Nigerian oil industry with frustration and hope, the recent news of the Nigerian National Petroleum Company Limited (NNPCL) ending its exclusive purchase agreement with the Dangote Refinery gives me...

October 13, (THEWILL) – Africa's Global Bank, United Bank for Africa (UBA) Plc has announced that it will once again be sponsoring this year’s edition of the Lagos International Trade Fair( LITF). This marks the sixth consecutive year,...

October 13, (THEWILL) – The Nigerian equities market ended on a positive note on Friday, October 11, triggered by investors’ huge interest in Blue-chip stocks like the Guaranty Trust Holding Company (GTCO), among others. The Nigerian Exchange (NGX) Limited reports...

October 10, (THEWILL) – Leaders, innovators, and stakeholders across the financial and commerce sectors have announced the annual gathering for the Future of Payment and Commerce Conference 2024. The Future of Payment and Commerce Conference is an annual event that...