Business

October 21, (THEWILL) - Riding on its recently released half-year financials, Africa’s Global Bank – United Bank for Africa (UBA) Plc, has announced its unaudited results for the third quarter that ended September 30, 2024, where it recorded...

October 21, (THEWILL) - Several Nigerian banks have engaged in systems upgrade in recent times which has created service disruptions to the consternation of the customers and other banks’ services users. In the past weeks, major Nigerian deposit money...

October 20, (THEWILL) – The approval of an Economic Stabilisation Bill (ESB) by the Federal Executive Council (FEC) presided over by President Bola Ahmed Tinubu, recently, is by all consideration, a move at the nick of time. This...

October 20, (THEWILL) – FBN Holdings Plc has officially announced the appointment of Adebowale (Wale) Oyedeji as the new Group Managing Director (GMD), effective November 13, 2024. This appointment, which is subject to the approval of the Central Bank of...

October 20, (THEWILL) – In a paradox that has defined Nigeria’s electricity sector, the eleven Distribution Companies (DisCos) across the country recorded increased revenue during the second quarter of the year (Q2 2024) amid poor power supply and...

October 20, (THEWILL) – With many businesses battling for survival amid mounting economic headwinds, there are renewed expectations that Nigeria’s leading digital retail financial institution, Polaris Bank Limited, would step up its activities to salvage the crumbling informal...

October 18, (THEWILL) – Nigeria banks lost N42.6 billion to fraud in the second quarter of 2024, the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), said on Friday. Citing report from the Financial Institutions Training Centre...

October 17, (THEWILL) – American multinational financial services firm, JP Morgan, has advised countries, including Nigeria, who are seeking foreign direct investments (FDIs) to ensure consistency in their regulatory frameworks. Speaking on Wednesday, at the 30th Nigerian Economic Summit, Mr...

October 16, (THEWILL) – Nigeria’s foreign reserves rose by 12.74 percent to $39.12 billion as at October 11, Central Bank governor, Olayemi Cardoso, disclosed on Tuesday. Speaking when he appeared before the House of Representatives committee on banking regulation,...

October 14, (THEWILL) – Transcorp Power Plc, one of the power subsidiaries of Transcorp Group, has announced its financial results for the third quarter of the year ending September 30, 2024, demonstrating remarkable growth across the business. In its...