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...
Myriads of lessons have been learnt from the cash swap and currency redesign experiment in Nigeria in the past few months. As much as a currency redesign should be a routine function of the Central Bank in any country,...
Minister of Aviation, Senator Hadi Sirika has called on the World Meteorological Organisation (WMO) to intensify effort in encouraging cooperation among Members and assist in bridging the existing gap between the political class and the experts on the field.
This...
Nigerian Breweries Plc reported 27 per cent. This comes over decline in profit before tax and growth in profit after tax of 4.06 percent over a decline in tax expenses.
The decline in profit before tax dragged the profit margin...
Cross-border securities transactions across African capital markets has received significadnt boost as Nigerian Exchange Limited (NGX) and Pan African Payments Settlement System (PAPSS) sign a Memorandum of Understanding (MOU) to integrate the payments system into the capital markets.
The...
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has said that its new chief executive officer, Jeremy Awori, has assumed his role with effect from 1 March.
The Group appointed Mr Awori in September 2022 upon the...
Setting the tone for the financials declaration period, foremost investment bank and pan-African financial services group, United Capital Plc has maintained its multi-year success streak, as evidenced in its recently announced Audited Financial Statements for the fiscal year ended...
Solutions to fare profiteering by foreign airlines operating in Nigeria assumed a different dimension weeks after the International Air Transport Association ( IATA) brokered intervention over the vexing issues tabled by National Association of Nigeria Travel Agencies (NANTA) clearly...
