Business

March 10, (THEWILL) - A Federal High Court in Lagos Wednesday issued an interim order restricting the Chief Executive Officer (CEO) of Seplat Energy, Roger Brown, from everyday running and management of the company. The court also restricted Mr...

March 09, (THEWILL) - Dangote Cement Plc announced Wednesday that the Securities and Exchange Commission (SEC) had validated the move for the launch of its share repurchase transaction – the third in less than three years. This reaffirms the...

March 09, (THEWILL) - Britain's auditing watchdog has imposed a 7.5 million pound ($8.9 million) penalty on PwC (PriceWaterhouseCoopers) for "serious breaches" found in audits of engineer Babcock International (BAB.L), Reuters said on Wednesday, quoting the regulator. The Financial...

March 09, (THEWILL) - The Nigerian government has revoked the Work Permit, Visa, and Residence Permit of the Chief Executive Officer (CEO) of Seplat Energy PLC, Mr. Roger Brown, over allegations of racism, favouring of foreign workers, and...

March 08, (THEWILL) - The Central Bank of Nigeria (CBN) has issued operational guidelines for Open Banking in Nigeria. In a circular referenced: PSM/DIR/PUB/CIR/001/043 and dated March 7, 2023, the apex bank said the guidelines would create greater access to...

March 08, (THEWILL) - The National Bureau of Statistics (NBS) has said aggregate Value Added Tax (VAT) stood at N697.38 billion in Q4 2022. This shows a growth rate of 11.51 per cent on a quarter-on-quarter basis from N625.39...

March 08, (THEWILL) - In furtherance of its leading role in promoting the socio-economic inclusion of women in society, First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its dedication of the...

March 07, (THEWILL) - FBN Holdings Holdings Plc says that its authorities have approved the appointment of Oluseyi Oyefeso as the executive director for Retail Banking South Directorate of First Bank of Nigeria Limited, a subsidiary of the...

March 07, (THEWILL) - The Central Bank of Nigeria (CBN) has said that total repayment of loans under the Anchor Borrowers’ Programme (ABP), stood at N503 billion as at date, representing 52.39 per cent of recovered facilities. The CBN...

March 05, (THEWILL) - Hackers have reportedly stolen $4 million (N2.9 billion) from leading Nigerian fintech unicorn, Flutterwave. The hack occurred in early February 2023, when the money was transferred from Flutterwave accounts in Nigeria. Flutterwave's legal counsel, Albert Onimole, reported...