Business

Financial System Stability: NDIC Boss Urges Collaboration Among Relevant Stakeholders

December 03, (THEWILL) - The Managing Director / Chief Executive of Nigeria Deposit Insurance Corporation (NDIC) Mr. Bello Hassan has called all relevant stakeholders in the Nigerian financial system to collaborate so as to strengthen banks through prudential thresholds...

Christmas Season: Fidelity Bank Set to Host 2-Day Family Entertainment

December 03, (THEWILL) - In the spirit of the Yuletide, leading financial institution, Fidelity Bank Plc, has announced plans to host the maiden edition of the Fidelity Family Weekend. Scheduled for Saturday December 16th and Sunday December 17th, 2023 at...

Ecobank Group Delivers Strong Performance in H1 2022, Grows Profit Before Tax by 24%

December 03, (THEWILL) - Ecobank Group reports strong performance during the first half of 2022, with unaudited Profit before Tax (PBT) increasing by 24% to US$261 million. The Group also announced a record return on tangible equity of 19.5%...

Nigeria’s 2024 Budget: Another Grope In The Dark?

December 03, (THEWILL) - Over the years, every Nigeria's annual budget has been titled to give the impression that its implementation will lead the country to an Economic Eldorado. ‘Budget of Hope and Economic Transformation’; ‘Budget of Inclusion and...

Zenith Bank’s Multiple MOUs Signpost Quest For Industry Fintech Leadership

December 03, (THEWILL) - Zenith Bank Plc has executed different Memoranda of Understanding in recent times which indicate its unchallenged industry leadership grip as Nigeria’s largest financial services institution by market capitalization (N1,1 trillion). Analysts predict that this will put...

Manufacturers Lament Over Forex Policy Reversal On 43 Import Items

December 03, (THEWILL) - Manufacturing companies are expressing concerns over the impact of the policy reversal on the 43 items earlier banned for foreign exchange. Ihe Central Bank of Nigeria (CBN) had on October 15, 2023 announced the readmission of...

Intervention Funds: CBN’s Policy Shift Paves Way For BOI, DBN To Bolster Entrepreneurship Support

December 03, (THEWILL) - The policy shift by the Central Bank of Nigeria (CBN) on its development finance activities will pave the way for the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN) to expand their...

Zenith Bank Signs MoU With CFA Institute For Human Capital Development

December 01, (THEWILL) - Zenith Bank Plc has signed a memorandum of understanding (MoU) with the Chartered Financial Analyst (CFA) Institute to promote efforts and activities that support the formation, training and updating of human capital in finance and...

FirstBank Group Appoints Olukorede Adenewo New MD/CEO FirstBank UK

November 30, (THEWILL) - FirstBank Group has appointed Olukorede Adenewo as MD/Chief Executive Officer of FirstBank UK. FirstBank UK is the international banking arm of First Bank of Nigeria Limited. It is a licensed bank in the United Kingdom authorised...

NDIC Reiterates Commitment To Protection Of Bank Depositors’ Funds

November 29, (THEWILL) - The Nigeria Deposit Insurance Corporation (NDIC) has said it is committed to the protection of bank customers’ deposits in line with its statutory mandate. It also said it is partnering with the Central Bank of Nigeria...