August 24, (THEWILL) - The Nigerian National Petroleum Company (NNPC) Limited has explained why it failed to remit to the Federal Accounts Allocation Committee (FAAC) in six months despite grossing N2.38 trillion revenue during the period.
The NNPC has been the...
August 23, (THEWILL) - In a clear demonstration of its industry leadership and consistency in providing superior financial returns, Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2022, recording an astounding double-digit growth of...
August 21, (THEWILL) - FBN Holdings Plc posted impressive results for its half year 2022 operations which reflect a growth trajectory that will excite the shareholders. This is coming after a period of heavy-footed performance on huge non-performing loans....
August 16, (THEWILL) - The Central Bank of Nigeria (CBN) has ordered banks in Nigeria to pay savings deposit accounts an interest rate of at least 4.2%, an increase from the 1.4% previously received.
This was contained in a circular...
August 15, (THEWILL) - Nigeria’s inflation rate in the month of July 2022 rose to a 17-year high of 19.64%. This compares to 18.6% recorded in the previous month of June 2022.
The NBS said that on a month-on-month basis, the...
August 15, (THEWILL) - In order to mitigate the effects of the challenging economic environment on small businesses, the Development Bank of Nigeria (DBN) has stepped up financing support for the Micro, Small and Medium Enterprises (MSMEs) across the...
August 14, (THEWILL) - FCMB Group’s half-year performance in 2022 was significantly impressive. It revealed a growth trajectory that derived from strong financial parameters well above the company’s peers. The Tier-2 financial services institution is also coasting away...
August 14, (THEWILL) - Nigerian fintech company, Flutterwave, has appointed Mansi Babyloni as the new Chief People and Culture Officer.
This was contained in a media statement issued following her appointment which has taken effect already.
In his remark, the CEO...
August 12, (THEWILL) - Seplat Energy Plc on Thursday said it has become aware of a news report claiming that Ministerial Approval of the Company’s proposed acquisition of the entire share capital of Mobil Producing Nigeria Unlimited (“MPNU”) has...
August 09, (THEWILL) - Nigeria’s broadband usage has continued on the rise, moving up from 40.9 per cent in February 2022 to 44.5 per cent in July 2022, a figure considered hopeful for achieving the national broadband target of...
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.
