April 18, (THEWILL) - NOVA Merchant Bank Limited announced its Audited Full Year 2022 financial results, showing an outstanding 107.9% year-on-year growth in profit before tax and the group year-on-year profit before tax of 98.2%.
The financial institution’s...
April 18, (THEWILL) – ExxonMobil has declared force majeure on lifts from different terminals in the country following industrial action by the company’s in-house workers union, the company said on Monday in a statement.
Spokesperson Michelle Gray in a...
April 18, (THEWILL) – The World Bank has said that Nigeria’s deteriorating fiscal crisis is worsening as Africa’s largest economy used 96.3 percent of its 2022 revenue to service debts.
The fact was contained in the Macro Poverty Outlook for...
April 17, (THEWILL) – The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has applauded the International Monetary Fund’s (IMF) support for the recent tightening of monetary policies in recent months.
Emefiele made this remark while addressing journalists...
April 16, (THEWILL) - A civil society organisation, Civil Society Legislative Advocacy Centre (CSLAC), has protested at the 2023 IMF/World Bank Group Spring meetings in Washington DC, USA, against Nigeria’s incessant borrowing from the Bretton Woods Institutions which contributed...
April 16, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its unaudited results for the first quarter ended March 31st, 2023, recording remarkable growth across all its major income lines.
The Bank’s result...
The Tertiary Education Trust Fund (TETFund) has allocated N30 billion for disbursement to six universities, six polytechnics and six colleges of education under its 2023 Special High Impact intervention.
The Executive Secretary of the fund, Sonny Echono, made this known...
AIICO Insurance Plc., has reaffirmed its commitment towards driving growth and advocacy in Nigeria’s healthcare sector in Nigeria, through its corporate social responsibility (CSR) channel
The insurer, which reeled out its numerous interventions in the country’s healthcare sector, stressed that...
Africa’s Global Bank, United Bank for Africa (UBA) Plc reported a profit surge of 29.1 per cent in the first quarter of 2023. The series of rate hikes by the Central Bank of Nigeria (CBN) helped strengthen interest income...
Stakeholders and industry experts have raised the alarm over the $800 million World Bank facility secured by the Federal Government to cushion the effects of fuel subsidy removal.
The Nigerian National Petroleum Corporation Limited (NNPCL) disclosed in January that it...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
