Business

May 21, (THEWILL)- The NGX All-Share Index and Market Capitalization depreciated by 0.11% and 0.10% to close at 98,125.73 and N55.508 trillion respectively last week A total turnover of 1.652 billion shares worth N42.677 billion in 38,123 deals was traded...

May 21, (THEWILL)- The Nigerian Aviation sector gained further ground during the week as the country’s Open Skies Air Transport agreement with the United States entered into force on Monday (today).. THWEWILL recalls that th Office of the Press Secretary...

May 21, (THEWILL)- The Federation Accounts Allocation Committee (FAAC) distributed N1.208 trillion in revenue to the Federal Government, States, and Local Government Councils for May 2024 from April revenue. On a month-by-month basis, this figure represents an increase  of N191...

May 20, (THEWILL) – United Bank for Africa Plc has reaffirmed its unwavering commitment to enhancing customer experience and expressed optimism for even greater achievements for both customers and shareholders in the future. The Bank gave the assurance on...

May 20, (THEWILL)- Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions. The decision of the apex bank to withdraw the circular followed the public outrage that...

May 19, (THEWILL)- Shareholders of Fidelity Bank Plc have endorsed the recommendation of the board of directors for a final dividend of N19.2 billion for the financial year 2023. The shareholders gave the approval at the company’s 36th Annual General...

May 19, (THEWILL)- After close to one century-and-half operation in Nigeria, the multinational giant, PZ Cussons Nigeria, has announced its plan to quit Nigeria and a few other African countries. Ironically, this is happening at a time that President...

May 19, (THEWILL)- The high cost of goods and services as well as the increase in operating expenses experienced by businesses in Nigeria are, directly or indirectly, linked to the high cost of doing business in the country’s ports. Findings...

May 19, (THEWILL)- United Bank for Africa (UBA) has maintained the lead in electronic banking (e-banking) revenue among theTier-1 banks, according to data from the FY 2023 and Q1 2024 financial statements of the institutions. In the Tier-1 category...

May 15, (THEWILL)- In a bid to update customers’ records in its database and ensure seamless operations, Zenith Bank Plc has commenced moves to eliminate expired identification modes. The most affected are the driver’s licence and international passports, which have...