Business

World Bank Announces Ajay Banga As Sole Nominee For President

March 31, (THEWILL) – The World Bank Group’s Board of Executive Directors has announced Ajay Banga, a US national, as sole nominee for the position of the next President of the bank. US President, Joe Biden, had in February,...

UBA Delivers Strong Results As Profit Hits N201bn In 2022

March 31, (THEWILL) – United Bank for Africa (UBA) has released its audited financial results for the full year ended December 31, 2022, showing impressive performance across major indices. The bank, in its audited financial results for the full...

Access Bank Partners AfriGOpay To Boost Nigeria’s Payment Ecosystem

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March 30, (THEWILL) – Access Bank in partnership with AfriGOpay, has launched the first national domestic card designed to meet the needs of the Nigerian payment industry, Deputy Managing Director, Retail Banking, Victor Etuokwu, said in a statement...

FG Approves N59.7bn For Projects In Rivers Oil Communities

March 29, (THEWILL) - The Federal Government has approved N59.7 billion for some projects in oil-producing communities in Rivers State. Minister of Environment, Mohammed Abdullahi, disclosed this to State House Correspondents at the end of the Federal Executive Council (FEC)...

Senate Wants Banking Operations Resume in Oron

March 29, (THEWILL) - The Senate on Wednesday urged the Central Bank of Nigeria (CBN) to liaise with commercial banks in Oron Local Government Area of Akwa Ibom State to resume operations. This followed the stoppage of banking activities as...

Petrol to Sell at N400 Per Litre After Subsidy Removal – PENGASSAN

March 29, (THEWILL) - The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that fuel prices in Nigeria would be sold between N360 and N400 per litre after the removal of petroleum subsidy by the...

Oando Swings Back to Profitability as 2021 Revenue Crosses N722bn

March 29, (THEWILL) - Oando Plc recorded an increase of more than a half in turnover for 2021, according to its unaudited earnings report issued Wednesday. The increase helped the oil driller halt its two-year run of losses that began...

NCDMB Partners Women Engineers on STEM Education For Girls

March 29, (THEWILL) - The Nigerian Content Development and Monitoring Board (NCDMB) has partnered the Association of Professional Women Engineers of Nigeria (APWEN) towards promoting Science, Technology, Engineering and Mathematics (STEM) curricula in secondary schools across the country, with...

Tetra Pak Revs up Sustainable Packaging With ‘Better With Carton’ Campaign

March 29, (THEWILL) - Tetra Pak, the world's leading food processing and packaging solutions company continues its global commitment to ensuring improved food packaging by providing consumers with the highest quality packages. To create awareness among stakeholders about the...

CBN Issues Regulatory Guidelines For Change Of Operating Licence By Banks, OFIs

March 29, (THEWILL) – The Central Bank of Nigeria (CBN) has released new guidelines for commercial banks, mortgage banks, microfinance banks and Other Financial Institutions (OFIs), seeking to change their licence type through conversion, re-categorisation and re-designation. The apex bank...