Business

FirstBank’s Adesola Adeduntan Bags ‘Best Chief Executive Officer’ Award

BEVERLY HILLS, September 02, (THEWILL) - The Chief Executive Officer, First Bank of Nigeria Limited (FirstBank), Dr. Adesola Adeduntan has been adjudged the 'Best Chief Executive Officer' of the year at the Digital Innovation and Excellence awards, held recently...

Group Urges CBN To Extend Deadline For Mutilated Notes Return

Consumer Awareness and Financial Enlightenment Initiative (CAFEi), has urged the Central Bank of Nigeria (CBN) to extend deadline for the exchange of multilated naira notes by another four months. Otunba ‘Debola Osibogun, CAFEi President, said in Lagos on Sunday that...

Adeduntan: Firstbank Is Reducing Poverty, Deepening Financial Inclusion Through Its 31,000 Agent Network

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SAN FRANCISCO, August  30, (THEWILL) - In its quest to deepen financial inclusion, FirstBank is channelling its resources to reach those at the bottom of the pyramid through its agency banking. The tie-one bank has over 31,000 agents spread across Nigeria...

Nigeria Generates N311.94b From VAT In 2019 Second Quarter – NBS

SAN FRANCISCO, August 28, (THEWILL) - The Nigerian Government has generated the sum of N311.94 billion from Value Added Tax (VAT) in the second quarter of 2019. The National Bureau of Statistics (NBS) disclosed this in a report titled ‘Sectoral...

Firstbank Spotlighting Opportunities In The Agriculture Value Chain

In 2017, the Nigerian agriculture sector witnessed a revolutionary discourse on the economic benefits of sustainable agriculture value-chain as an alternative source of economic development and foreign exchange with the launch of FirstBank Agric Expo. It was a first-of-its-kind initiative...

NSE Delists Skye Bank, Fortis Bank From Exchange List

BEVERLY HILLS, August 22, (THEWILL) - The Nigerian Stock Exchange (NSE) has delisted two companies from the daily official list of the Exchange. The two companies are Skye Bank Plc and Fortis Microfinance Bank Plc. This was contained in a...

Nigeria Records Mirginal Reduction In Inflation – NBS

SAN FRANCISCO, August 16, (THEWILL) - The Nigeria Bureau of Statistics (NBS), has said the average change in the prices of foods and services, representing inflation, reduced in July compared to June. According to the NBS, the Headline Inflation reduced to...

Financial Inclusion: Access Bank Introduces Loan For Smartphone Purchase

SAN FRANCISCO, August 14, (THEWILL) - Access Bank has introduced a financing scheme for procurement of phones for more Nigerians to get connected to more businesses online and deepen financial inclusion. Victor Etuokwu, Executive Director, Retail Banking, said in a statement...

CBN Injects $210m Into Forex Market

BEVERLY HILLS, August 07, (THEWILL) - The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into Nigerian Inter-Bank Foreign Exchange market following conclusion of Tuesday’s transactions. The bank’s Director, Corporate Communications Department, Isaac Okorafor, made this...

Keystone Bank Appoints New Executive Directors

SAN FRANCISCO, August 05, (THEWILL) - In line with strategic business intent and corporate realignment to sustain continued business growth, the Board of Directors of Keystone Bank Limited has announced the appointment of three new Executive Directors. At its 49th, Annual...