Business

UBA Unveils ‘Scan To Resolve Complaint’ Portal For Enhanced Customer Experience

April 05, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution code, qrdispute.ubagroup.com:8088, called the ‘Scan to Resolve Complaint’ portal aimed at enhancing satisfaction and swiftly addressing customers’ complaints. The innovative...

FG Arraigns Binance, Executives For Tax Fraud

April 04, (THEWILL) - The Federal Government, on Thursday, April 4, arraigned cryptocurrency firm, Binance Holdings Limited and its two executives, Tigran Gambaryan and fleeing Nadeem Anjarwalla, before Justice Emeka Nwite of the Federal High Court, Abuja,...

After Nine Years, Old Mutual Nigeria Sells 100% of Insurance Business to Emple Group

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April 3, (THEWILL) - After nine years of existence since 2013, Old Mutual Nigeria has announced the sale of 100 percent of its stake in the General Insurance and Life businesses to the Emple Group. The Emple Group is...

Transcorp Group Demonstrates Robust Growth in FY 2023; Revenue Increases By 47.3%, PBT by 93.5%

April 3, (THEWILL)- Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading listed conglomerate, announces its financial results for the year ended December 31, 2023.   The Group achieved substantial growth in its financial indicators, reinforcing its market leadership and strategic...

Before CBN Dabbles in Murky Waters of Agriculture Again

April 1, (THEWILL)- In what could be seen as an outright volte-face, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Wednesday, March 13, 2024, doled out a whooping N100 billion (worth of fertilizer) to the...

Lagos Mulls Pro-Health Levy on SSBs to Boost Public Health

April 1, (THEWILL)- The Lagos State Government is considering a pro-health levy on Sugar-Sweetened Beverages (SSB) to boost public health and lower the rising non-communicable diseases (NCDs) burden. Commissioner for Health Prof. Akin Abayomi noted that an SSB levy would...

Air Peace Lagos-London Route Eases Pressure on Naira, Says Keyamo at Inaugural Flight

April 1, (THEWILL)- The Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has commended Air Peace for their Lagos-London route, which he said has helped to reduce the pressure on the Nigerian currency: the Naira as against the...

Heirs Technologies Set to Make Nigeria Africa’s Leading BPO Destination

April 1, (THEWILL)- As Nigeria strives to excel in the world of technology, Heirs Technologies, a subsidiary of the Tony Elumelu majority-owned holding company, has said it will make the country a leading Business Process Outsourcing (BPO) destination in...

Access Corporation Grows Assets by 78% to N26.68trn, Retains Grip on Industry Leadership

April 1, (THEWILL)- In an unyielding bid to maintain the lead in Nigeria’s banking industry space, Access Corporation Plc recorded a 78 percent growth in assets, which rose to N26.68 trillion in 2023 from N14.99 trillion in the prior...

Access Holdings Unveils Plans To Raise $1.5bn Capital As CBN Orders Fresh Recapitalisation

March 30, (THEWILL)- Africa’s leading financial group, Access Holdings Plc, has unveiled plans to raise US$1,500,000,000.00 (One Billion, Five Hundred Million United States Dollars) or its equivalent. THEWILL reports that the plan is coming after the Central Bank of Nigeria...