Business

Access Bank Excites Businesses With Online Account Opening Platform

April 19, (THEWILL) - Nigeria’s largest lender in the SME space, Access Bank Plc, has unveiled an online account opening platform for unregistered businesses. The online account opening platform is a paperless and seamless digital process, which allows customers to register...

Stanbic IBTC Bank: Contravention Penalties Gulp N2.76bn in 5 Years

April 17, (THEWILL) – Stanbic IBTC Bank, the major financial services subsidiary of Stanbic IBTC Holdings Plc, coughed out a total of N2.76 billion to pay penalties imposed on it by the authorities for contravening various industry regulations within...

FMDQ Approves SKLD Integrated Services Maiden CP, Admits Prima Corp

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April 17, (THEWILL) – FMDQ Securities Exchange Limited has announced the approval of the registration of the Integrated Services Limited (SKLD) N2.00 billion Commercial Paper Programme on its platform. SKLD Integrated Services Limited (SKLD) is an integrated corporate entity providing...

25 Industries Partner Ogun On Technical Training For Students

April 17, (THEWILL) – No fewer than 25 industries have decided to partner the Ogun State Government on training for students of technical institutions on how to operate modern equipment for production. The Special Adviser to the Governor on Technical...

UBA, Cellulant To Expand Payments In 19 African Countries

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...

NIN Linkage: Telecom Network Subscribers Count Losses

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...

Access Bank To Become Access Corporation May 2022

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...

FG To Effect New Tax Regime On Cigarettes, Others June 1

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...

Nigeria’s Inflation Hits 5-Month High At 15.92%

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...

Russian Invasion To Shrink Ukraine Economy By 45% In 2022

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...