...Gain N632.8bn in One Week
May 29, (THEWILL) - Investors in the Nigerian capital market earned over N1.1 trillion from dividend payout by companies listed on the NGX in the past year, The Nigerian Exchange Limited has said.
In a statement...
May 27, (THEWILL) -Data from the 2021 FY Report of the FBNH Plc has confirmed that billionaire investor and chairman of Geregu Power Plant, Femi Otedola is officially the majority shareholder of FBN Holdings.
The  audited financial statements of the bank...
May 27, (THEWILL) - Heirs Oil & Gas, Africa’s integrated energy company has reaffirmed its commitment to both national and global environmental, sustainability and governance (ESG) best practices in view of its upcoming operational 1-year anniversary. An important aspect of this commitment...
May 25, (THEWILL) - Amid efforts to intensify financial inclusion, it has been revealed that about 98 per cent of Nigerian women are left out of formal credit markets.
A new report by the Rockefeller Philanthropy Advisors Gender Centre of...
May 25, (THEWILL) - Transactions worth N114.8 trillion were performed electronically in Nigeria between January and April this year. The Nigeria Inter-Bank Settlement Systems (NIBSS).
The deals were consummated through the NIBSS Instant Payment platform (NIP).
This shows a 44 percent...
May 24, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to increase the monetary policy rate (MPR) to 13 percent after two and half years. The MPR was 11.5 percent before...
May 22, (THEWILL) - To insulate the economy against adverse spillovers from the Russia-Ukraine war, indications have emerged that the Central Bank of Nigeria (CBN) will deploy targeted development finance interventions that have proved to be critical safety nets...
May 22, (THEWILL) - As the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meets for its May 2022 meeting this week, analysts at Cordros Capital Limited, see the MPC raise the monetary policy rate (MPR) by 0.5...
May 21, (THEWILL) - The Nigerian Communications Commission (NCC), has said that the country’s leading telecommunication companies lost over 17,000 subscribers between June 2021 and February 2022.
Details of data published on the regulatory agency’s website showed that the four...
May 21, (THEWILL) - The Central Bank of Nigeria has urged Nigerians to embrace the digital e-Naira as paper currency would soon be out of circulation.
The Delta State Branch Controller of CBN, Mr Godwin Okafor, stated this on Friday,...
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.
