Business

April 07, (THEWILL) – Fidelity Bank Plc consolidated its place in the top industry leadership league with its shareholders’ funds surging to N897.87 billion in FY 2024, from N437.30 billion in the previous year, constituting a 105.32 percent growth.   The...

April 06, (THEWILL) – The change of baton at the Nigerian National Petroleum Company Limited (NNPCL) on April 2, 2025, ended the tenure of Mallam Mele Kyari as the Group Chief Executive Officer (GCEO) of the behemoth national oil...

April 06, (THEWILL) – Following recent reforms, the  Nigerian Communications Commission (NCC) continues to promote initiatives that will ensure that  telecommunications operators offer quality service delivery to their consumers. Part of this measure is the Draft Guideline on Unclaimed Recharges to...

April 06, (THEWILL) – United Capital Plc, a leading pan-African financial and investment services group, held its 12th Annual General Meeting (AGM) at the Transcorp Hilton Hotel, Abuja, where shareholders approved a total dividend payout of N14.4 billion for...

April 05, (THEWILL) – The Central Bank of Nigeria (CBN) has injected $197.71 million to boost market liquidity and stability in the foreign exchange market. A statement signed by Omolara Omotunde Duke, Director, Financial Markets Department, said the measure...

April 03, (THEWILL) – The Central Bank of Nigeria has debunked reports suggesting plans to introduce N5,000 and N10,000 banknotes, describing them as false and misleading. The apex bank’s response follows the circulation of misinformation alleging that the CBN intends...

April 03, (THEWILL) – In a sweeping move aimed at reshaping global trade dynamics, U.S. President Donald Trump has announced a 10% tariff on imports from all countries, with additional levies targeting about 60 nations deemed the "worst offenders"...

April 01, (THEWILL) – The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence. A...

March 31, (THEWILL) – Nigeria’s largest bank by market capitalization, Zenith Bank Plc, expanded its balance sheet by a remarkable 47.2 percent to N30 trillion in FY 2024 against N20.36 trillion recorded in the previous year (FY 2023). According...

March 30, (THEWILL) – Africa’s Global Bank, United Bank for Africa Plc, recorded N236.30 billion in e-banking revenue on a strong financial inclusion drive, according to its audited financial statement for the period ended December 31, 2024. This constitutes an...