Business

May 02, (THEWILL) - Enrolment in the Bank Verification Number (BVN) system rose to 57.43 million as of March 31, 2023. The scheme has also contributed in fighting fraud and crime in the financial services industry. This disclosure was made...

May 02, (THEWILL) - Nigeria’s payment security system is among the top ten as the world abandons the traditional cheque and cash transactions for digital payment systems. The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, made this disclosure Tuesday...

May 01, (THEWILL) – The Central Bank of Nigeria (CBN) has said it is committed to adequate supply of the new Naira notes ahead of the December 31 deadline on the old N1,000, N500 and N200 denominations. The assurance...

New York-based climate security campaigner, 350.org, has implored financiers to hold back support for the construction of the East Africa Crude Oil Pipeline (EACOP), a 1,443km-project spanning Tanzania and Uganda and led by TotalEnergies. The group, in an email to...

If living and business operations continue as usual in Africa, particularly in Nigeria, available resources will be overstretched, which may pose enormous economic, environmental and social challenges. The continent's biggest environmental challenges are water pollution, air pollution and...

In an avowed drive to further deepen the capital market and attract more young people to the nation’s bourse, the need to embrace fintech has again been emphasised. This was stated by the Director General, Securities and Exchange Commission,,...

The NGX All-Share Index and Market Capitalization appreciated by 2.04% to close last week at 52,403.51 and N28.534 trillion respectively. The Market opened for four trading days week as the Federal Government declared Friday 21st April, 2023 and Monday 24th...

In line with its mandate and continued efforts of the Nigerian Content Development and Monitoring Board (NCDMB) to support the development of in-country capacities that would serve the Nigerian oil and gas industry and allied sectors, the Executive Secretary,...

Stakeholders in the nation’s aviation industry are becoming more worried, following a series of strikes embarked upon mostly by the workers' unions at the nation's airports. Key aviation unions involved in the disturbing development include: the National Union of...

The number of ‘Estimated Billing’ customers in the books of Nigeria’s 11 electricity distribution companies (DisCos) rose to 5.93 million in the fourth quarter (Q4) of 2022, according to the National Bureau of Statistics (NBS). This represents a 3.4...