Sam Diala, THEWILL

Q1 2022: UBA Plc Defies Headwinds, Records N42bn In Profit Growth

May 01, (THEWILL) - Despite intense headwinds that impacted the economy this past quarter (Q1 2022), Africa’s Global Bank, United Bank for Africa (UBA) Plc, reported moderate, yet impressive performance, which signals a positive outlook for the entire year. In...

FirstBank Celebrates Double Awards

May 01, (THEWILL) - First Bank of Nigeria Limited has won two awards: Best Bank in Nigeria 2022 and Best Banking Digital Transformation Nigeria at the International Investor Awards 2022, a print and online publication that provides insights, news...

Russia Oil Embargo: Mixed Reactions As EU Turns To Nigeria, Others For Supply

May 01, (THEWILL) - Indications that the European Union (EU) may turn to Nigeria and other oil-producing countries for oil supply amid moves to approve an embargo on Russian oil, is generating mixed reactions. The New York Times reported Friday,...

Anambra Airport Power FailureForces Air Peace Flight On Emergency Return To Lagos

April 30, (THEWILL) - It was anger and fiery trade of words between the passengers and officials of Air Peace airline Saturday, as the flight that took off from Lagos to Umuleri Airport, Anambra State, had to beat a...

Q1 2022: Nestle Nigeria Grows Revenue By 26.3% To N110.2bn

April 30, (THEWILL) - Nestlé Nigeria Plc has announced its financial results for the first quarter of 2022, ending 31 March 2022. The company recorded a revenue of N110.2 billion against N87.3 billion during the same period in the previous...

Nigerians’ Import Dependency Cause Of Falling Naira – CBN

April 28, (THEWILL) - The Central Bank of Nigeria (CBN) has said that no successful economy thrives on the promotion of imported products over exportation of local products, adding that Nigerians’ import dependency is the main cause of...

Access Bank Concludes Sale Of $50m Step-Up Green Notes

April 27, (THEWILL) - Access Bank Plc has concluded the sale of $50 million Step-Up Green Notes due 2027. The Green Note, represents a debt instrument which investors buy into as lenders, while the issuer/borrower (Access Bank) pays back...

Nigeria Has Largest Oil-Production Shortfall In Q1 2022 – World Bank 

April 27, (THEWILL) - The World Bank has said Nigeria has the largest shortfall among oil-producing countries during the first quarter of 2022, a development it attributes to sabotage within the oil production system and other factors, such as...

UBA Plc Posts N42bn Profit In Q1 2022

April 27, (THEWILL) - United Bank for Africa Plc has announced a profit of N41.5 billion for its operations in the first quarter (Q1) of 2022, reflecting a growth of 8.7 percent year-on-year. The results which it released on Wednesday,...

Zenith Bank Clinches Global Finance’s Best Bank Award For Third Year

April 27, (THEWILL) - Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’s ‘Best Banks Awards’ 2022, retaining the award for a third consecutive year. The Bank was among other banks from...

About Me

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.
1784 POSTS
0 COMMENTS
- Advertisement -spot_img

Latest News

UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
- Advertisement -spot_img
THEWILL APP ADS 2