Business

May 12, (THEWILL)- Transcorp Plc, Africa’s leading diversified conglomerate, has announced its interim results for the first quarter ending March 21, 2024, achieving a remarkable growth of 173 percent in gross earnings from N32.39 billion reported in  Q1 2023...

May 10, (THEWILL) - Non-bank credit card issuer, 03 Capital, has signed a partnership deal with American Express (AMEX) to offer US dollar-denominated credit cards to Nigerians. O3 said its latest partnership agreement with AMEX is to expand...

May 10, (THEWILL) - The International Monetary Fund (IMF), says it remains positive with Nigeria’s bold economic reforms. Highlighting the autonomy of the Central Bank of Nigeria (CBN), the Fund cautioned against the proposed amendment to the Act establishing...

May 10, (THEWILL) - FBN Holdings has announced that Mr Tunde Hassan-Odukale has officially stepped down as Chairman of FirstBank of Nigeria Limited, following the expiration of his tenure. This was contained in an official filing of the company,...

May 9, (THEWILL) - The shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM), held at the Civic Centre, Victoria Island, Lagos, on Wednesday, May 8, 2024, approved the proposed final dividend payment of NGN3.50...

May 7, (THEWILL) - The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs) in the country to suspend charges on cash deposits until September 30, 2024. The apex bank, in a circular signed by its Director...

May 7, (THEWILL) - Cryptocurrency trading firm, Binance, has condemned Nigeria over the detention of Tigran Gambaryan, the Head of the crypto exchange’s financial crime compliance unit. Gambaryan was detained along with Binance Regional Manager for Africa, Nadeem Anjarwalla,...

May 6, (THEWILL) - Following the enactment of the Cybercrime (Prohibition, Prevention, etc) (Amendment) Act 2024 and pursuant to the provision of Section 44 (2)(a) of the Act, the Central Bank of Nigeria (CBN) has directed all banks,...

May 6, (THEWILL) - The Securities and Exchange Commission (SEC) has unveiled plans by the Commission to delist the Naira from P2P (peer-to-peer) cryptocurrency trading platforms. The Ag Director General of the Commission, Dr. Emomotimi Agama, who disclosed this,...

May 6, (THEWILL)- Fitch Ratings has upgraded Nigeria’s credit rating outlook from stable to positive, saying the new rating partly reflects significant reforms by President Bola Tinubu to support the restoration of macroeconomic stability and enhance policy coherence. It affirmed...