Business

NNPCL Backtracks, Signs ExxonMobil/Seplat Energy Deal

June 2, (THEWILL)- Two years after it declined to sign the agreement to divest $1.28 billion assets to Seplat Energy, citing national intere the Nigerian National Petroleum Company (NNPC) Limited has announced the signing of a settlement agreement facilitating...

Ease of Doing Business: Nigeria’s Fiscal Policy Reforms Set to Restore Investors’ Confidence

June 2, (THEWILL)- The rapidly declining investors’ confidence in the Nigerian economy is set to witness a reversal. This is indicative of the initiatives being proposed by the Presidential Fiscal Policy and Tax Reforms Committee constituted by the Federal...

Zenith Bank Launches State-Of-The-Art Digital Screen At Ajose Adeogun Roundabout

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May 31, (THEWILL) - Zenith Bank Plc, on Thursday, May 30, 2024, launched a state-of-the-art digital/LED screen at Ajose Adeogun Roundabout, solidifying its commitment to innovation and community engagement. The monumental digital installation, an upgrade from its previous LED...

Taiwo Oyedele Committee Proposes Central Tax Agency

May 31, (THEWILL) - The Presidential Committee on Fiscal Policy and Tax Reforms, led by Taiwo Oyedele, has proposed a central tax agency known as the Nigerian Revenue Service. The Oyedele-led Committee said the initiative is aimed at eliminating...

Access Holdings Calls For Responsible Use Of AI At Smart Banking Summit

May 27, (THEWILL) - Access Holdings PLC, a leading financial services group, has echoed the need for ethical considerations in using Artificial Intelligence (AI), calling stakeholders in the financial industry to factor in its sustainability implications. This call to action...

NASENI Makes Strategic Investment in Powerstove to Boost Production, Carbon Credit Initiatives

May 27, (THEWILL)- The National Agency for Science and Engineering Infrastructure (NASENI) is proud to announce its first-ever investment in Powerstove, a pioneering Nigerian company specializing in the production of cookstoves, having significant experience in carbon credit projects. This strategic...

Nigeria’s Letter of Credit Payments Fall by 63% in Q1 2024

May 27, (THEWILL)- Nigeria’s letter of credit payments have dipped by 63 percent in the first quarter of 2024 compared to the same period in the previous year, according to the International payments data of the Central Bank of...

Nigeria Showcases Digital Social Investments at APRA 2024

May 27, (THEWILL)- Various digital social investments in Nigeria, through the Nigerian Communications Commission (NCC) were on showcase at the just-concluded 35th annual conference of the African Public Relations Association (APRA) in Abidjan, Côte d'Ivoire. Through a presentation by the...

FBN Holdings Defies Odds, Posts Triple-Digit Growth in 2023

May 27, (THEWILL)- Despite incessant corporate governance hiccups amid a challenging operating environment,  FBN Holdings, the parent company of FirstBank of Nigeria Limited, posted amazing triple-digit bottom-line growth in 2023. The group also announced a 95.6 percent remarkable increase...

UBA 2023 Earnings Highest in Banking Industry – Elumelu

May 26, (THEWILL)- The Chairman, Board of Directors, United Bank for Africa (UBA) Plc, Mr Tony Elumelu has said that the over N2.08 trillion revenue and N607.69 billion profit after tax reported by the group in the 2023 financial...