Business

May 6, (THEWILL)- The Central Bank of Nigeria, CBN, has expressed worries over the declining economic activities in the country. The CBN deputy governor of Corporate Services, Bala Moh’d Bello, disclosed this in a statement at the end of the...

May 5, (THEWILL) - Zenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat, for the development and deployment of the SMARTAfCFTA Portal to facilitate...

May 5, (THEWILL)- Once upon a time, Nigeria’s national currency, the Naira, was the most sought-after medium of exchange and store of value within the Economic Community of West African States (ECOWAS); it was almost a fully convertible currency...

Guaranty Trust Holding Company Plc (GTCO) released its Q1-24 unaudited financial statements on Friday, reporting a whopping 696.1% y/y rise in earnings per share (EPS) to N16.24 for the period under review as against N2.04 in Q1 2023. The impressive...

May 5, (THEWILL)- As deposit money banks scamper for resources to meet up with the new capital base requirement announced by the Central Bank of Nigeria (CBN), the Nigerian Deposit Insurance Corporation (NDIC) has taken proactive measures to checkmate...

May 5, (THEWILL)- As Nigeria continues to rely solely on refined imported petroleum products, especially the Premium Motor Spirit (PMS), popularly known as petrol, there are strong indications that the recent fuel crisis that engulfed parts of Nigeria is...

May 4, (THEWILL)- Zenith Bank Plc has released its unaudited financial results for Q1 2024, revealing a pre-tax profit of N320.194 billion. This represents a notable 269.72% surge compared to the previous year. Additionally, this figure accounts for 40.23 %...

May 2, (THEWILL) - Nigeria’s leading, listed conglomerate with investment in the power, hospitality, and energy sectors, Transnational Corporation Plc (“Transcorp” or the “Group”), has announced impressive Q1 financial results for the period ended March 31, 2024. In its...

April 29, (THEWILL)- The effective regulation off the telecommunication (telecom) sector by the Nigerian Communications Commission (NCC) has strengthened the operators towards effective e-services that boost government and financial services revenue through taxes and levies. A look at the performance...

April 28, (THEWILL)- Honorable members of the National Assembly, esteemed colleagues, distinguished guests, and dedicated stakeholders of the Nigerian Power Sector, It is a profound honor to address you today on a matter of critical national importance. This discussion is...