Business

August 25, (THEWILL) – FCMB Group, a foremost financial services holding company, posted impressive results for its half year 2024 operations. The remarkable performance, which reflects a positive trajectory towards a triple-digit growth in the recapitalization environment, underscores its...

August 21, (THEWILL) – Afrigopay Financial Services Limited (AFSL) has announced the successful launch of instant POS settlement for AfriGO card transactions, marking a significant advancement in the global payment landscape. This pioneering service provides merchants with...

August 21, (THEWILL) – Unity Bank Plc recently held a high-impact webinar to explore the role of digital technology in sustainable development. This was in line with its commitment to supporting youth empowerment and technological innovation, and creating...

August 20, (THEWILL) – The Private Equity and Venture Capital Association of Nigeria (PEVCA), the industry and advocacy body promoting private equity and venture capital in the country, has said that the policies of President Bola Tinubu-led government...

August 20, (THEWILL) – Seven months after delisting on the Nigerian Exchange in November 2023, Union Bank of Nigeria has reported a profit before tax of N79.8 billion during the half year ended June 30, 2024, compared with...

August 19, (THEWILL) – Nigeria’s Federal Inland Revenue Service (FIRS) is drafting an executive bill to overhaul revenue administration, including regulating the cryptocurrency industry. FIRS Chairman, Zacch Adedeji, announced this at a stakeholders’ engagement with the National Assembly’s joint committee...

August 19, (THEWILL) – Former presidential candidate and economist, Prof Kingsley Moghalu, has faulted direct funding of Small and Medium Enterprises (SMEs) and Micro, Small and Medium Enterprises (MSMEs) by the Central Bank of Nigeria (CBN). In a statement...

August 19, (THEWILL) – Amid the country’s troubled economy, Ecobank Nigeria Limited, injected N14.35 billion through ‘Loans and Advances to Customers’ in six months (January – June 2024). The bank’s half-year financial statements filed with the Nigerian Exchange (NGX) revealed...

August 18, (THEWILL) – In yet its desperation to raise revenue inflow, the Bola Ahmed Tinubu administration has through the approval of the National Assembly, doubled its capacity to draw loans from the Central Bank of Nigeria (CBN) in...

August 18, (THEWILL) – The bold pronouncements by the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL) that Nigeria will be a net exporter of petroleum products in 2024 seems to be vanishing into...