Business

FirstBank Hosts SME Clinic, Reiterates Commitment To Building Capacity Of SMEs

SAN FRANCISCO, February 03, (THEWILL) - First Bank of Nigeria Limited has reiterated its commitment to driving growth and building the capacity of Small and Medium-sized Enterprises (SMEs) in the country. Speaking at the FirstBank SMEConnect Business Clinic, held in...

Nigeria Revokes $2 Bln Tax Case Against Telecoms Firm MTN

Nigeria’s attorney general has withdrawn a $2 billion tax demand against South African telecoms giant MTN Group, the company and attorney general said on Friday, in a closely watched case that investors say has damaged Nigeria’s appeal. In a letter...

KPMG SME Report: FirstBank Named Biggest Mover In 2019

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Capital is crucial in driving sustainable Small and Medium Enterprises’(SMEs’) growth and uplifting the economy. First Bank of Nigeria Limited, as part of the launch of its specialised SMEs’ propositions, has continually supported SMEs through diverse initiatives. The bank...

What Will 2020 Hold for the Nigerian Economy?

2019 was a rough year for the Nigerian economy thanks to volatile crude Oil prices and the headwinds not only coming from global recession risks but also US-Chin a trade tensions. In addition, there were political uncertainties amid elections which...

CBN Slashes Bank Charges, Cancels Card Maintenance Fees, Others

BEVERLY HILLS, December 22, (THEWILL) - The Central Bank of Nigeria (CBN) has slashed bank charges which are usually borne by customers as it announced major changes to banking fees in its new Guide to Charges by Banks, Other...

Oando Announces Successful Signing Of Gas Supply Agreements With NLNG

BEVERLY HILLS, December 13, (THEWILL) - Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, through its upstream subsidiary, Oando Energy Resources, today announced the successful...

Buhari’s Govt Inherited Whooping $63.8bn Debt Not Paltry $7bn – DMO

SAN FRANCISCO, December 11, (THEWILL) - The Debt Management Office (DMO) has revealed that the President Muhammadu Buhari-led administration inherited a debt of $63.81 billion when it came into power in 2015. In a statement released by the debt agency...

Domestic Fuel Consumption Has Reduced By 30% Since Border Closure – Buhari

BEVERLY HILLS, December 03, (THEWILL) - Two months into closure of Nigeria’s land border to curb smuggling activities, especially rice, President Muhammadu Buhari’s administration is betting on same measure to rekindle the agriculture sector. Receiving a delegation of Katsina State...

Nigeria Earned $21bn From Oil, Gas Sector In 2017 – NEITI

The Nigeria Extractive Industries Transparency Initiatives (NEITI), says Nigeria earned 21 billion dollars from the oil and gas sector in 2017. NEITI disclosed this in its 2017 oil and gas industry report released in Abuja. It said that the figure showed...

Keystone Bank Introduces USSD Banking Code *7111#

SAN FRANCISCO, November 27, (THEWILL) - Keystone Bank Limited has remained committed to delivering convenient & superior customer experience to the Nigerian populace, hence the introduction of the simple banking USSD Code *7111#. The *7111# USSD (Unstructured Supplementary Service Data)...