Business

BEVERLY HILLS, March 22, (THEWILL) - Airtel Africa has announced the signing of an agreement under which The Rise Fund, the global impact investing platform of leading alternative investment firm TPG, will invest $200 million in Airtel Mobile Commerce BV,...

BEVERLY HILLS, March 22, (THEWILL) - Union Bank of Nigeria has reported a drop in 2020 profit by N1.203 billion. The audited financials of the bank published by the Nigerian Stock Exchange showed gross earnings declined 3.75 per cent to...

BEVERLY HILLS, March 17, (THEWILL) - Zenith Bank Plc has rewarded its shareholders with N94.19 billion total dividend value for the 2020 financial year. At the bank’s  30th Annual General Meeting (AGM) held on Tuesday in Lagos, the shareholders approved the...

BEVERLY HILLS, March 17, (THEWILL) - The Central Bank of Nigeria (CBN) has appointed KPMG LLP as transaction adviser for the newly-created Infrastructure Corporation of Nigeria Limited (InfraCorp). The appointment was made after considering bids by other global professional services...

BEVERLY HILLS, March 16, (THEWILL) – The Central Bank of Nigeria (CBN) has fixed new charges for customers using the Unstructured Supplementary Service Data services (USSD). The apex bank said, taking effect from Tuesday, customers would pay a flat fee...

BEVERLY HILLS, March 16, (THEWILL) - Dr. Ngozi Okonjo-Iweala on Tuesday visited the headquarters of her home country's Central Bank of Nigeria (CBN) in Abuja and dissected strategies on how Nigeria could exit recession and embrace the digital economy. The newly appointed...

BEVERLY HILLS, March 16, (THEWILL) - The consumer price index (CPI) for measuring inflation increased by 17.33 percent (year-on-year) in February 2021, depicting a 0.86 percent points higher than the rate recorded in January 2021 (16.47) percent. Food inflation stood at...

BEVERLY HILLS, March 15, (THEWILL) - The deadline for Expression Of Interests (EOIs) for receipt of final proposals in response to the detailed Request for Proposal (RfP) from qualified asset managers active in the infrastructure sector to manage the Infrastructure...

BEVERLY HILLS, March 15, (THEWILL) - First Bank of Nigeria Limited has announced the launch of First Global Transfer (FGT) to promote the international transfer of funds across its subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include FBNBank DRC,...

BEVERLY HILLS, March 15, (THEWILL) - On October 20, 2020, when the Minister of Power, Alhaji Mamman Kwagyang Saleh, announced the plans of the Federal Government to distribute no fewer than 6million free prepaid meters, Nigerians welcomed the idea with...