Business

Zenith Bank Suspends International ATM Withdrawals, POS Payments

March 11, (THEWILL) - Zenith Bank has reviewed the usage of its naira card for international transactions. In a notice to its account holders, Zenith Bank disclosed that it had suspended the usage of its naira card for cash withdrawals...

Businesses Must Digitally Transform To Support Hybrid Workplace Environments – Ola Williams

March 09, (THEWILL) - Country Manager for Microsoft Nigeria, Ola Williams, has advised that, to succeed in the global digital economy and prevent further job losses in an increasingly digitized society, Nigeria’s businesses must digitally transform to support remote...

Assessing Microsoft 5-Year Plan for African Start-up Market 

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March 08, (THEWILL) - The opportunity for digital advancement in Africa is immense, but there is a pressing need to adopt digital platforms in order to accelerate Africa’s economic growth and better enable Africans to participate in the global digital...

Seplat Clarifies NNPC’s Pre-Emption Right On ExxonMobil Assets Acquisition 

March 08, (THEWILL) - Seplat Energy says it has not cancelled its Exxonmobil deal. The company made the clarification in a press release on Monday. “Seplat Energy wishes to clarify that the Sale and Purchase Agreement (SPA), earlier announced February 25,...

FY 2021: UBA Posts 20.3% Rise In Pre-Tax Profit To N153.1bn

March 06, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced an impressive performance in key financial parameters of its 2021 full year report for the period ended December 31, 2021. The Tier-1 bank said in...

Zenith Bank Defies Headwinds, Grows Assets 60% in 5 Years

March 06, (THEWILL) - Zenith Bank Plc defied a challenging macroeconomic environment that witnessed the worst recession in a quarter of a century and exacerbated by the Coronavirus (COVID-19) pandemic, to grow its assets 60 percent within five years....

CORPORATE GOVERNANCE: Shareholders and Agents of Corporate Frauds

March 06, (THEWILL) - Elated Shareholders of Cadbury Nigeria Plc woke up on Friday, April 11, 2008 to discover that they had bought the company’s shares on the basis of cooked audited financial statement. The African leading maker of...

Worsening Airfare Hike Amid High Cost of Fuel, Forex 

March 06, (THEWILL) - The cost of Jet A1, otherwise known as aviation fuel, has remained a major challenge for airline operators in Nigeria. As of February 2021, aviation fuel was sold for N190 per litre. By February 2022,...

Seplat/ExxonMobil Deal Puts PIA to Test

March 06, (THEWILL) - Recent developments in the Seplat/ExxonMobil share acquisition deal have confirmed fears that the transaction might hit the brick wall of the Nigerian National Petroleum Company Limited (NNPC). Coming on the heels of the newly enacted...

Dobi AgriCo Boosts Operations With 12 New Greenhouses

March 06, (THEWILL) - As part of its business expansion strategy and to meet growing demands from its customers, Dobi AgriCo has launched 12 newly constructed greenhouses. This expansion is in line with the overall ambition of the business, its...