Business

October 26, (THEWILL) - The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to...

October 25, (THEWILL) - United Bank for Africa (UBA) Plc has announced a surge in gross earnings to N608 billion for its nine months ending September 2022. This is up from N493 billion recorded in September 2021, ...

October 25, (THEWILL) - Nigeria’s Central Bank Digital Currency (CBDC), eNaira, recorded N8 billion in over 700,000 transactions one year after its launch. Thirty-three banks are also fully integrated and live on the platform with about one million...

October 25, (THEWILL) – The Central of Nigeria (CBN) has released the supervisory framework for Payment Service Banks (PSBs) which, among other things, empowered the PSB operators to sell foreign currencies, especially dollars, to authorised foreign exchange dealers. The CBN...

Businesses in emerging economies, large, small and micro, continue to bear the brunt of inflation, high energy costs (diesel or electricity), and, more broadly, global economic turbulence, which has snowballed into a slew of challenges that increasingly threaten the...

The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, Thursday in Abuja, told a gathering designed for State Governors that the potentials of broadband are so enormous that if made available for their citizens, will be...

A total turnover of 938.020 million shares worth N16.701 billion in 15,700 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 491.815 million shares valued at N11.922 billion that...

C&I Leasing Plc has reiterated plans to embark on a business expansion drive in the near future to increase market share and ensure enhanced returns to shareholders. The C&I Leasing Group Managing Director/Chief Executive Officer, Mr Lenin Ugoji, stated this...

Promoters of Nigeria’s only electricity integrated company, Geometric Power group, are exemplary Nigerians because of their uncanny patriotism, according to Abia State governor Okezie Ikpeazu. Governor Ikpeazu was speaking at his 58th birthday colloquium in his country home of Umuobiakwa...

Africa’s Global Bank, United Bank for Africa (UBA) Plc has said that its diversified business model in key international markets on the continent and around the world, continues to act as a hedge and to position the Group to...