Business

The Equities Market recorded a N4 billion gain in the third week trading in March with N29.90 trillion as against N29.89 on Monday. Data by the Nigerian Exchange (NGX) Limited Weekly Report showed that the bourse also ended positive...

The Nigeria Communications Commission, (NCC), has exonerated telecommunications operators of network failures being experienced by bank customers in their transactions saying there is the need for banks to work on their internal configuration to make the cashless policy succeed. The...

The recent vitriolic attacks on the corporate entity of Nigeria’s foremost energy firm, Seplat Energy Plc, and its Chief Executive Officer (CEO), Mr. Roger Brown, could threaten the nation’s historic Gas Development Plan and, also, jeopardise investors’ assets in...

Guaranty Trust Holding Company (GTCO) Plc has said that its Audited Financial Statements (AFS) for the year ended 31 December 2023, will not be published within the first quarter in line with statutory requirements. In an advertorial published in some...

The Independent Shareholders Association of Nigeria (ISAN) has described as pathetic the acquisition of local insurance firms by foreign conglomerates under the aegis of Foreign Direct Investment (FDI), saying it portends bad omen for sustainable growth of the Nigerian...

Unity Bank Plc has facilitated financial literacy training in thirty-one schools across Nigeria as part of the lender’s activities marking Global Money Week, 2023. The Managing Director/Chief Executive Officer of Unity Bank Plc, Mrs. Tomi Somefun took part in...

As funds estimated at $743 million belonging to foreign airlines remain blocked in Nigeria, stakeholders are worried that the situation, which is already affecting the flow of Foreign Direct Investments (FDI) into the country, may have far reaching consequences...

A large number of micro, small and medium enterprises (MSMEs) have migrated to the cashless ecosystem amid scarcity of Naira notes. The development has accentuated the 95 percent Financial Inclusion target of the Governor of Central Bank of Nigeria,...

March 24, (THEWILL) - The Central Bank of Zambia has approved Access Bank’s proposed acquisition and merger of African Banking Corporation Zambia Ltd (Atlas Mara Zambia). Access Holding, in a notice to the Nigerian Exchange Group on Friday, said its...

March 21, (THEWILL) - The Central Bank of Nigeria on Tuesday raised its benchmark lending rate to 18 per cent in an aggressive push to contain the nation’s inflationary pressure. In January, the CBN Monetary Policy Committee (MPC) raised its...