Business

The Nigeria Deposit Insurance Corporation (NDIC) has urged the banking public that the safest place to keep their money is the formal banking system. This is because the NDIC protects their bank deposits. The Managing NDIC, Mr Bello Hassan...

The Cross River State government has kicked off the payment of rents and royalties to cocoa estate landlord communities in the state. The special adviser to the governor on Cocoa Development and Control, Ntufam Dr Oscar Ofuka, disclosed this during...

First Bank of Nigeria Limited, Nigeria’s premier financial services institution, has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa. FBNBank UK, FBNBank Sierra Leone, FBNBank Gambia and FBNBank DRC are the...

Following an aggressive diversification course championed by the Central Bank of Nigeria (CBN), the country earned a total of $22.6 billion (N8.8 trillion) from non-oil exports between 2019 and 2022, data by the National Bureau of Statistics (NBS) have...

April 01, (THEWILL) - United has announced its $5 million investment in carbon capture technology company, Svante. While United operates one of the most comprehensive global route network among North American carriers, Svante offers companies in emission-intensive industries, a...

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,...

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...

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...

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)...

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...