Business

Access Bank Unveils Ground-Breaking Digital Platform to Boost Convenience, Security

April 7, (THEWILL)- Access Bank Plc, a leading institution in the Nigerian financial sector, has unveiled its innovative offline banking platform, www.901.ng to provide customers an additional digital channel to manage and carry out uninterrupted daily transactions. With this innovative...

Q1 2024: Equities Market Rewards Investors With N18.2tr Gain on ASI 39.83% Growth

April 7, (THEWILL)- Nigeria’s equities market closed the first quarter of the year March 28, 2024 on a resounding note of significant growth as investors counted huge gains. Data by the Nigerian Exchange (NGX) showed that market capitalisation hit N59.12...

Electricity Tariff Hike: Consumers Pay More For Darkness as Businesses Shrink

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April 7, (THEWILL)- Following the April 3, 2024 electricity tariff increase announced by the Nigerian Electricity Regulatory Commission (NERC), the Distribution Companies (DisCos) have instantly adjusted their billing template to reflect the new tariff. Consequently, electricity consumers will pay...

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

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...