Sam Diala

April 7, (THEWILL)- Following the April 3, 2024 electricity tariff increase announced by the Nigerian Electricity Regulatory Commission (NERC), the Distribution Companies (DisCos) have instantly adjusted their billing template to reflect the new tariff. Consequently, electricity consumers will pay about 300 percent more for each kilowatt per hour of electricity than before.

April 7, (THEWILL)- Access Bank Plc, a leading institution in the Nigerian financial sector, has unveiled its innovative offline banking platform, www.901.ng to provide customers an additional digital channel to manage and carry out uninterrupted daily transactions. With this innovative solution, Access Bank is redefining convenience and security in banking, ensuring uninterrupted access to financial

April 8, (THEWILL) – First Bank Holdings Plc will seek shareholders’ approval to raise N300 billion in additional capital at the group’s Extraordinary General Meeting (EGM) scheduled to hold virtually on Tuesday, April 30, 2024.

April 9, (THEWILL) – Africa’s global financial institution, the United Bank for Africa (UBA) Plc, has reported its audited accounts for 2023, revealing gross earnings of N2 trillion, a significant increase from N835 billion just a year earlier.

April 14, (THEWILL)- Zenith Bank Plc, Nigeria’s most capitalised financial services institution (N1.3 trillion), took a huge advantage of its industry leadership to build a historic balance sheet of N20.36 trillion in 2023. The quantum leap in the group’s balance sheet expansion constitutes a 65.8 percent rise against the N12.28 trillion in the preceding year.

April 14, (THEWILL)- Notwithstanding the huge opportunity provided by the massive devaluation of the naira, Nigeria’s import of agricultural goods have continued to rise against the value exported.

April 21, (THEWILL)- Amid worsening economic hardship, Nigerians were subjected to high costs of petrol, diesel and cooking gas in the month of March, 2024, according to the National Bureau of Statistics (NBS).

April 22, (THEWILL)- The Nigerian government and its agencies amassed over N134.78 million as taxes on the fully booked maiden London flight of Air Peace Airline on Saturday, March 30, 2024 — investigation has shown.

April 24, (THEWILL) – Nigeria’s external debt servicing hit $3.5 billion in the fiscal year that ended December 31, 2023, according to data from the Central Bank of Nigeria (CBN).

April 25, (THEWILL) – The Central Bank of Nigeria (CBN) says a notice circulating on social media about the risk of cryptocurrency did not originate from it and, therefore, is fake news.