MTN Nigeria Communications Plc reported revenue in excess of the N2 trillion mark for 2022, a bumper year during which turnover swelled by one-fifth and bottom-line by about the same rate, its audited earnings report showed on Wednesday.
The feat...
The RT 200 scheme launched on February 10, 2022 to revolutionise non-oil export drive, stimulate domestic production and expand the frontier of diversification, has proved a success story one year after it was launched.
The RT 200 which stands...
February 05, (THEWILL) - Nigeria and the Republic of Niger have signed a bilateral agreement in Abuja for coordination of frequency utilisation along their borders to ensure seamless deployment of services around and within the two countries.
The agreement signing...
February 05, (THEWILL) - For his immense contributions to the growth of banking and finance in Nigeria and across Africa, the Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, was on Saturday, February 4,...
CBN INTERVENTION IN BAUCHI AND GOMBE STATES
The real sector development initiatives of the Central Bank of Nigeria (CBN) were introduced to stimulate and sustain growth in key sectors of the economy, revive moribund sectors, empower the youth population, explore...
Air Peace has announced the addition of Abuja-Banjul and Abuja-Dakar connections to its regional network of seven West African cities. This is just as the airline has also kicked off plans to launch flight operations into Maiduguri and Jos.
Air...
Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 billion for the Full Year 2022. This was made known in the Bank’s unaudited statement of account presented to the Nigerian Exchange (NGX).
According to the...
Shareholders of Nigeria’s quoted companies have slammed Guaranty Trust Bank, a member of Guaranty Trust Holding Company (GTCO) Plc, over the recent multi-million dollar penalties against its United Kingdom (UK) subsidiary for running afoul of the country’s anti-money laundering...
January 31, (THEWILL) - The International Monetary Fund (IMF) has revised upwards the growth projections for Nigeria in 2023 to 3.2 percent from 3.1 percent which was projected earlier in Q4 2022.
This was contained in the Fund’s latest World...
January 30, (THEWILL) - The Central Bank of Nigeria (CBN) has directed commercial banks to, henceforth, pay customers over-the-counter with the lower Naira denominations.
These include N100, N50, N20, N10 and N5 notes regardless of how much a customer is...
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.
