Business

Zenith Bank Eyes Robust H2 After ‘Best Corporate Governance Financial Services’ Award

Zenith Bank Plc is set for another stellar performance as it enters the second quarter that would usher in the H1 performance results. This is coming on the heels of wining the ‘Best Corporate Governance Financial Services’ Africa 2023...

Nigeria Air: Tragedy of N85bn Rot Buhari Left Behind

Former President Muhammadu Buhari left office on May 29, 2023, after eight years in office, without establishing the national carrier, which he had promised when he was first sworn-in in 2015. However, over N85 billion was blown on the...

Lagos Partners Dubai World Trade Centre to Empower Nigerian Startups

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June 03, (THEWILL) - In a remarkable demonstration of its commitment to fostering innovation and entrepreneurship, the Lagos State Government in partnership with the Dubai World Trade Centre has proudly sponsored 25 exceptional startups to participate at Gitex Africa...

Ajay Banga Assumes Duties as 14th President of World Bank Group

June 03, (THEWILL) - Ajay Banga has assumed duties in his five-year term as World Bank Group President effective June 2, 2023. A statement by the World Bank Group Saturday said Ajay Banga most recently served as Vice Chairman at...

Heirs Insurance, Changes Name, Appoints Fayemi As New MD

June 03, (THEWILL) - Heirs Insurance Ltd., says it has changed its name to Heirs General Insurance (HGI). The organisation said its subsidiaries, Heirs Insurance Ltd. (HIL) and Heirs Life Assurance (HLA) also made appointments to some of their senior...

AbdulMumin Confirmed CBN’s Substantive Spokesman

June 03, (THEWILL) - Dr Isa AbdulMumin has been confirmed as the substantive director, Corporate Communications of the Central Bank of Nigeria (CBN). AbdulMumin was in February appointed the acting director of the department, taking over from Mr Osita Nwanisobi,...

Wema Bank Appoints Olorunshola As New Board Chairman

June 03, (THEWILL) – The Board of Directors of Wema Bank Plc. has announced the appointment of Dr. Oluwayemisi Olorunshola, as its new Chairman. Her appointment followed the retirement of the current chairman, Babatunde Kasali. Dr. Olorunshola joined the...

Nigerian Banks Demand Tax Clearance Certificate On FX Transactions

June 01, (THEWILL) – Nigerian banks have begun implementing a new regulation that requires customers to present a valid Tax Clearance Certificate (TCC) for foreign exchange transactions. The move complies with new regulations by the federal and state...

Nigerian Breweries Considering Acquisition of Distell Wines & Spirits Nigeria

June 01, (THEWILL) - Nigerian Breweries Plc will decide in the weeks ahead whether to acquire the controlling stake in the local unit of Stellenbosch-based Distell International Limited after an offer from Heineken Beverages Limited South Africa, the company...

Subsidy Removal: Dangote Refinery Could Become Dictator Over Price – NLC President

June 01, (THEWILL) - The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has expressed concern that the recently inaugurated Dangote Petroleum Refinery could become a price dictator and might not lead to a drop in the price...