Business

FIRS Records 170,000 New Tax Payers, 20% Increase in Compliance

July 14, (THEWILL) – The Federal Inland Revenue Service (FIRS) says the number of taxpayers in the country has increased by 170,000 as the service recorded a 20% improvement in compliance rate. The News Agency of Nigeria (NAN) reports that...

NIBSS: Enhanced Financial Services Infrastructure Boosts e-Banking Revenue, Financial Inclusion

July 14, (THEWILL) – The Nigeria Inter-Bank Settlement System (NIBSS) is engaged in a silent revolution of the financial services sector through its mandate which focuses on problem-solving initiatives. The far-reaching impact underlying the labyrinth of its activities...

CBN Sells $122.671m To 46 Authorised Dealers

Ask ZiVA 728x90 Ads
July 12, (THEWILL) – The Central Bank of Nigeria (CBN) has sold the sum of US$122,671,000.00 (One Hundred and Twenty-Two Million, Six Hundred and Seventy-One Thousand United States Dollars), to 46 authorised dealers in its determination to promote stability...

FirstBank Sponsors “The Noble Warrior” Play, A 90th Birthday Tribute To Wole Soyinka

July 09, (THEWILL) – FirstBank, West Africa's premier financial institution and financial inclusion services provider, has announced its sponsorship of the Lagos command performance of The Noble Warrior – Eni Ogun, a theatrical performance in honour of Professor Wole...

World Finance 2024 Awards: Zenith Retains Best Commercial Bank In Nigeria, Best Corporate Governance

July 09, (THEWILL) – Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named Best Corporate Governance, Nigeria for...

Proshare Presents Third Edition of its Tier 1 Banks Report: The Class of 2024

July 08, (THEWILL) – As Access Corp, Zenith Bank, FBNH Lead in PBSI Ranking The Proshare Bank Strength Index (PBSI), which evaluated banks using a pool of financial metrics based on audited financial statements for the Financial Year (FY) 2023,...

Receding Oil Fortune: NNPC Goes to War, Leaves Dormant Refineries Behind

July 08, (THEWILL) – The Nigerian National Petroleum Company Limited (NNPCL) recently said it had declared war against the challenges affecting the country’s oil production and called for collaboration between stakeholders in the oil and gas industry in the...

FDI Retention in Nigeria: The Tolaram-Guinness Example

July 07, (THEWILL) – As the Federal Government deploys several strategies to attract substantial Foreign Direct Investment (FDI) into the country, the business deal recently struck between Tolaram Group (Nigeria) and Guinness Nigeria serves as a pointer to a...

Recapitalisation: Fidelity Bank to Issue Additional N78.35bn Shares, Anticipates Oversubscription

July 07, (THEWILL) – Fidelity Bank will issue an additional 8.2 billion shares, worth about N78.35 billion as the bank anticipates an oversubscription of its combined offering. In a corporate disclosure on the NGX website, the company issued a notice...

Aviation Reforms in High Altitude

July 07, (THEWILL) – The reforms in Nigeria’s aviation industry are operating at an unusual altitude of professionalism, integrity and inclusiveness. In an uncommon twist of events the sector is beginning to reposition Nigeria’s image against what the international...