Business

June 04, (THEWILL) - The Debt Management Office (DMO) has listed two new Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to the DMO, the first one is a two-year savings bond maturing on...

June 04, (THEWILL) - The Central Bank of Nigeria (CBN) has mandated the enrolment of other financial institutions (OFIs) on the credit risk management system (CRMS). In a circular published on its website and signed by Chibuzo Efobi, Director, Financial...

June 02, (THEWILL) - Union Bank of Nigeria Plc has announced the appointment of Mr Mudassir Amray and Mr Farouk Mohammed Gumel as its new Chief Executive Officer (CEO) and Board Chairman/Non-Executive Director respectively, effective June 2, 2022. The appointments...

June 02, (THEWILL) - Oil-producing countries allied under the OPEC+ banner have agreed to pump more oil in July and August, accommodating months of requests by the United States and others to boost production to cool soaring crude prices...

June 02, (THEWILL) - Nigeria’s newest deposit money bank, Titan Trust Bank Limited (TTB), has brought to closure the deal enabling it to purchase a controlling stake in Nigeria’s second-oldest lender, Union Bank of Nigeria Plc, the latter said in...

June 01, (THEWILL) - Zenith Bank Plc has announced the redemption of the balance of $107 million of its $500 million Eurobond Notes due May 30, 2022. In a statement to the Nigerian Exchange Limited (NGX) and signed by Micheal...

May 31, (THEWILL) - Global Bank, the United Bank for Africa (UBA) Plc, has rewarded its loyal customers in the just concluded UBA Super Savers draw, giving out a total of N16.6m in cash prizes. A total of 48 customers...

May 29, (THEWILL) - Despite the sluggish performance of the insurance sector in 2021, directors of five major insurance firms earned a 45 percent pay rise during the year, while shareholders’ dividend payout remained static. Nigeria’s 10 largest insurance...

May 29, (THEWILL) - Africa’s Global Bank, United Bank for Africa Plc, was among the top deposit money banks (DMBs) in marketing and advert spending, according to data from the 2021 annual reports of financial service companies quoted on...

May 29, (THEWILL) - No fewer than 25 airports in the country are exposed to security breaches, due mainly to substandard fencing.  At the moment, some of the  international airports in Lagos, Abuja, Kano and Port Harcourt have partial perimeter fencing, while  the...