Business

October 09, (THEWILL) – The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has urged stakeholders in the financial ecosystem to adopt the Women Entrepreneurs Finance (We-Fi) Code as part of a collective drive to enhance the...

October 09, (THEWILL) – The Nigerian economy suffered a setback, as foreign direct investment (FDI) dropped significantly during the second quarter of the year (Q2, 2024). The National Bureau of Statistics (NBS) in its Capital Importation report released on Tuesday,...

October 08, (THEWILL) – Heirs Insurance Group (HIG) has announced its financial results for the 2023 fiscal year, showcasing substantial growth and impressive performance across all business indicators. The financial performance, which underscores the Group’s resilience and operational efficiency shows...

October 08, (THEWILL) – Access Bank has obtained a provisional licence from regulatory authorities in Namibia, to establish a bank in the Southern African country. The company disclosed this in a statement on the NGX signed by its Head of...

October 07, (THEWILL) – Stakeholders and financial industry experts have reacted to the series of allegations against Guaranty Trust Holding Company (GTCO) Plc. A civic organisation, Global Integrity Crusade Network (GICN), had on Friday, September 4, 2024, released a...

October 06, (THEWILL) – FirstBank has announced the full restoration of services on Firstmobile, its mobile banking platform, following a downtime earlier this week, which occurred after the recent upgrade of the mobile banking application. The Group Head of...

October 06, (THEWILL) – Africa’s Global Bank, United Bank for Africa Plc, recorded N106.1 billion in e-banking revenue on a strong financial inclusion drive. This constitutes a 107.8 percent growth compared to the N51 billion posted in HY 2023,...

October 06, (THEWILL) – Without a functional refinery, Nigeria imported a total of 20,3 billion litres of petrol in 2023, according to data by the National Bureau of Statistics (NBS). This translates to an average of 55.8 million litres...

October 06, (THEWILL) – Stakeholders and industry experts have applauded the role of the Development Bank of Nigeria (DBN) in providing a forum for exchange of ideas among operators of micro, small and medium enterprises (MSMEs). They maintain that such...

October 06, (THEWILL) – Since the announcement of the bank recapitalization policy in March 2024 by the Central Bank of Nigeria (CBN), the banking industry has been undergoing a flurry of activities—both on the part of the regulators and...