May 21, (THEWILL) - The Nigerian Exchange Limited (NGX) has fined six insurance firms a total of N89.6 million, for failure to file their financial statements after the regulatory due date.
The affected companies were sanctioned during the year 2021...
May 19, (THEWILL) -Â In its efforts to enhance financial services through data sharing across the banking payment systems, the Central Bank of Nigeria has issued the regulatory framework for Open Banking in Nigeria.
In a circular titled, ‘Operational guidelines for...
May 19, (THEWILL) - As predicted in some quarters, the Federal government has declined its consent to the proposed acquisition of oil and gas assets belonging to Mobil Oil Producing Nigeria Unlimited (MPNU) by Seplat Energy Plc, citing overriding...
May 17, (THEWILL) – Nigeria’s foremost brewing company, Nigerian Breweries Plc, has commissioned civil works of its expansion project at Ama Brewery, Enugu State. The expansion project worth N56 billion (or 112 million euros) is expected to boost the...
May 17, (THEWILL) - Seplat Energy Plc has confirmed the retirement of Dr A.B.C Orjiako from the board of the company, after the Annual General Meeting (AGM) scheduled to be held on May 18, 2022.
This was stated in a...
May 16, (THEWILL) -  Nigeria’s inflation rate rose to 16.82 per cent in April 2022, recording the highest jump in eight months, the National Bureau of Statistics (NBS) said in its report Monday.
The consumer price index, which measures the rate of...
May 15, (THEWILL) -Â The securities of three Tier-1 deposit money banks (DMBs), Access Bank Plc, United Bank for Africa (UBA) Plc and Zenith Bank Plc emerged the top traded in the Financial Services Sector for the week ended May...
May 15, (THEWILL) - The performance of Nigeria’s major Fast-Moving Consumer Goods (FMCG) firms was severely impacted by a tough operating environment in the first quarter of the year (Q1 2022).  Spiral inflation, decline in consumer demand, wrong-headed policies, among...
May 13, (THEWILL) - The management of Okomu Oil Palm Company, has appealed to its host communities to protect it from incessant attacks and stealing of its produce by thieves.
The company’s Managing Director, Graham Hefer, made the appeal on Friday...
May 10, (THEWILL) - Reports on the performance of the Nigerian Exchange since the years, have revealed that the nation’s bourse showcases an All Share Index (ASI) that crossed 50,000 as of Wednesday, May 4th, with trading closing at...
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.
