Deposit Money Banks

Banks Shut As NLC Begins Two-Day Sit-At-Home Warning Strike

September 05, (THEWILL) - The Nigeria Labour Congress (NLC) has begun a two-day Sit-At-Home warning strike. This is coming after last-minute failed efforts by the Minister of Labour and Employment, Simon Lalong, to avert the warning strike. Many affiliate unions of...

GTCO’s Pre-tax Profit Jumps 217.1% to N327.4bn In HY 2023

September 03, (THEWILL) - Nigeria’s biggest lender by market value, Guaranty Trust Holding Company (GTCO) reported profit before tax of N327.4 billion in 2023 half year, representing an increase of 217.1% over N103.2 billion recorded in the corresponding period...

Moniepoint Promotes Financial Inclusion With Personal Banking

September 02, (THEWILL) - Fintech giant, Moniepoint, has taken great strides towards supporting the Central Bank of Nigeria's ambitious goal of achieving 95 per cent financial inclusion by 2024, by unveiling its personal banking initiative. This strategic move aims...

CBN Directs Banks To Search Data Base For Suspects Arrested Over $1bn Currency Counterfeiting

September 01, (THEWILL) - The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and Other Financial institutions (OFIs), to conduct searches on their database for a Nigerian and four others, arrested over alleged involvement in currency...

Zenith Bank Appoints Dr Juliet Ehimuan as Non-Executive Director

August 30, (THEWILL) - The Board of Directors of Zenith Bank Plc has appointed Dr. Juliet Ehimuan as a Non-Executive Director of the bank effective August 29, 2023. The appointment, which was announced in a statement to the Nigerian Exchange...

Fuel Subsidy Removal: Be Patient With My Administration – Tinubu Urges Nigerians

July 31, (THEWILL) - President Bola Ahmed Tinubu has called on Nigerians to be patient with his administration, saying that things would get better in due time. Speaking in a nationwide broadcast on Monday, Tinubu said he knew Nigerians are...

Ecobank Group Reports 63% Jump In Pre-tax Profit For Q2 2023

Ecobank Group released its 2023 second-quarter results showing a 63% increase in pre-tax profits to N92.52 billion. The increase in second-quarter profits helped its half-year profit before tax to rise by 38% to N150.31 billion compared to N108.96 billion...

Sit-at-home: Ebegbulem Warns Business Owners, Banks To Open Businesses

The Imo State Commissioner for Trade and Investment, Comrade Simon Ebegbulem, has decried what he described as the collossal damage to Igbo businesses across the South-East in the last couple of years, warning that the state government would shut...

Fidelity Bank Plc: Stock Upgrade Excites Investors, Signals Robust HY Results

Impressed by the bullish run on the stock market in recent months, the Nigerian Exchange Limited (NGX) recently announced the reclassification of Fidelity Bank Plc from small price stock to medium price stock. The evaluation upgrade recognised the active contribution...

Biola Ayeni Defends Husband Over Paternity Claim By Abuja Lawyer

July 29, (THEWILL) - Biola, the wife of Tunde Ayeni, former chairman of the board of directors, Skye Bank Plc, has addressed the paternity scandal against her husband. Ayeni has been enmeshed in a messy paternity tussle with an...
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Tottenham Seal £75m Savinho Transfer From Manchester City

Savinho found himself increasingly on the fringes under Pep Guardiola, particularly after City brought in Antoine Semenyo from Bournemouth in January, and he ended the season with just seven Premier League starts to show for it.
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