November 06, (THEWILL) -Â The Nigerian Exchange (NGX) hit the peak of its growth on Friday, May 27, 2022 when it recorded a market capitalisation of N29.15 trillion and an All-Share Index (ASI) of 54,085.30. It was a historic performance...
FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, is sending a message to its stakeholders through its impressive performance results for the Q3 and nine month periods ending September 30, 2022.
The behemoth financial services establishment,...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, sustained its growth trajectory during the nine months ended September 30, 2022, incorporating the Q3 performance.  The Tier-1 lender which has raced on the fast lane since the year looks set...
October 27, (THEWILL) - Zenith Bank Plc has released its interim financial report for the period that ended September 30, 2022, which showed impressive performance as has been since the year.
The bank also grew its post-tax profit by 8.55...
October 26, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has explained the reasons for the sudden policy of redesigning the nation’s currency notes – the N200, N500 and N1,000 with immediate effect.
The apex bank...
October 26, (THEWILL) - The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to...
October 25, (THEWILL) - United Bank for Africa (UBA) Plc has announced a surge in gross earnings to N608 billion for its nine months ending September 2022. This is up from N493 billion recorded in September 2021, ...
October 25, (THEWILL) - Nigeria’s Central Bank Digital Currency (CBDC), eNaira, recorded N8 billion in over 700,000 transactions one year after its launch. Thirty-three banks are also fully integrated and live on the platform with about one million...
October 25, (THEWILL) – The Central of Nigeria (CBN) has released the supervisory framework for Payment Service Banks (PSBs) which, among other things, empowered the PSB operators to sell foreign currencies, especially dollars, to authorised foreign exchange dealers.
The CBN...
Nigeria’s South-West region pooled the largest tax revenue of N516.6 billion in 2021 representing 46.7 percent of the aggregate N1,017 trillion by the entire six regions. The figure is also higher than those of the South-East, North-East, North-Central...
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.
