Business

Afrinvest Highlights Investment Outlook, Opportunity for 2023

December 07, (THEWILL) - Afrinvest West Africa has outlined investment outlook for 2023 and how investors can explore the opportunities and guide against threats expected in the new year. Speaking during the investor parley held on Wednesday in Lagos with...

DMO Issues Two FGN Savings Bonds At N1,000 Per Unit

December 07, (THEWILL) - The Debt Management Office (DMO) has announced its December issuance of two Federal Government of Nigeria (FGN) Savings Bonds for subscription at N1,000 per unit. In a statement, the DMO said the first offer is a...

Angry Customers Call Out Polaris Bank Over Poor Service Delivery

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December 07, (THEWILL) - A wide range of Polaris Bank customers is not happy with the financial institution, following cases of non-reversal of wrong debits, hanging transfers, etc. While some are threatening to pull out of the bank, others have...

Naira Redesign: CBN Announces New Cash Withdrawal Limits

December 06, (THEWILL) - The Central Bank of Nigeria (CBN) has announced a new cash withdrawal limit. The apex bank announced the new regulation in a letter to all Deposit Money Banks (DMBs) and other Financial Institutions, including Payment Service...

Emmanuel Njoku’s Lazerpay In Economic Jeopardy

December 06, (THEWILL) - The once thriving business of tech wonderkid, Emmanuel Njoku, may just be in jeopardy, as his crypto payment startup, Lazerpay, is currently experiencing an upheaval, due to the economic downturn. First, one of its major...

DMO Lists Ways to Tackle Nation’s Debt Burden, Revenue Challenges

December 05, (THEWILL)The Director-General of the Debt Management Office (DMO), Ms Patience Oniha, has stressed the need for Nigeria to operate an efficient tax administration to tackle revenue challenges. Oniha said this at the 2022 Capital Market Correspondents Association of...

Zenith Wins 2022 Bank Of The Year, Nigeria Award

December 05, (THEWILL) - Zenith Bank Plc has emerged as ‘Bank of the Year in Nigeria’ in The Banker’s Bank of the year awards 2022. A statement said the award was announced by The Banker Magazine, Financial Times Group,...

Equity Market Closes On Positive Note

A total turnover of 839.978 million shares worth N12.418 billion in 16,183 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 711.618 million shares valued at N15.338 billion that...

DMO DG To X-ray Nigeria’s Public Debt At CAMCAN Workshop

The Director-General of the Debt Management Office (DMO), Ms Patience Oniha, will lead other market regulators to discuss the prospects of Nigeria's public debt at the 2022 annual workshop of the Capital Market Correspondents Association of Nigeria (CAMCAN). The workshop...

Q3 GDP: Transportation, Financial Sectors Lead In Growth

Nigeria’s transportation and financial sectors led the list of the fastest-growing sectors in the third quarter of 2022, printing real growths of 41.59% and 12.7%, respectively. This is contained in the Q3 2022 Gross Domestic Product (GDP) report released by...