Business

April 17, (THEWILL) – Africa’s global bank, United Bank for Africa (UBA) Plc and leading pan-African payments company, Cellulant,  have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA...

April 17, (THEWILL) – On April 4 this year, the Nigerian Communications Commission (NCC) announced that it had barred phone numbers that were not linked to a National Identity Number (NIN) from making calls.  Two weeks later, NCC is still...

April 16, (THEWILL) – Tier-1 lender, Access Bank Plc, has said it will be transforming from core banking into a full financial services holding company from 1 May, 2022. The Managing Director of the bank, Herbert Wigwe, in a notice...

April 16, (THEWILL) – The Federal Government has announced that the new tax regime for tobacco will be implemented from June 1, 2022. Director of Technical Services, Federal Ministry of Finance, Fatima Hayatu said this at a meeting with the...

April 15, (THEWILL) – Nigeria’s headline inflation rate witnessed yet another significant uptick in the month of March as the consumer price index (CPI), which measures inflation increased to 15.92 percent on a year-on-year basis. This is 2.25 percent points...

April 13, (THEWILL) – The war against Ukraine and sanctions on Russia are hitting economies around the globe, with emerging markets and developing countries in the Europe and Central Asia region expected to bear the brunt, the World Bank...

April 11, (THEWILL) – The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited (Momo PSB). This was disclosed in a press release titled “THE CENTRAL BANK OF NIGERIA GRANTS...

...Air Travellers to Pay More  April 11, (THEWILL) – There are indications that airlines have recorded a drop in passengers following the recent increment in the price of flight tickets, with a one-way economy selling for N50, 000 and above. Although...

April 11, (THEWILL) – A total of 22.45 billion shares turnover was traded in the Nigerian Exchange (NGX) totaling N301.75 billion in the first quarter (Q1) of 2022, data from the nation’s bourse has shown. The figures were gathered...

April 11, (THEWILL) – Nigerian Breweries Plc has created a share-for-cash dividend scheme aimed to enable investors to reinvest in the company and buy new shares with their dividends, amid prevailing dollar shortage in Nigeria’s foreign exchange market. This was...