September 06, (THEWILL) – Nigeria’s oil and gas companies paid about N132.06 billion in gross insurance non-life premiums in the first quarter of 2024 (Q1 2024).
This is according to the bulletin of insurance market performance in the first quarter...
September 06, (THEWILL) – The Bank of Industry (BoI) said it has raised approximately €1.43 billion during the senior phase of its global loan syndication.
In a statement on Thursday, BoI said the transaction, which was the largest amount in...
September 06, (THEWILL) – Industry stakeholder and Chairman of Integrated Oil and Gas Ltd., Capt. Emmanuel Iheanacho (rtd), has countered the call by billionaire businessman and Chairman of Geregu Power Plc, Mr. Femi Otedola, for petroleum marketers in the...
September 05, (THEWILL) – The naira recorded its worst performance in six months at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday, September 4, 2024, where it exchanged for N1,625.88 to the dollar.
This marks the lowest exchange...
September 02, (THEWILL) – The admixture of fiscal and monetary policy initiatives impacted considerably on the equities market in the eight months of the year – pushing the All-Share Index to a growth of 30%, year-to-date, as bargain hunters...
September 01, (THEWILL) – Foreign education cost Nigeria $28.65bn from 2010 to 2020, with Personal Transport Allowance totalling $58.7bn, a report by the Office of the Deputy Speaker, House of Representatives, quoting the Central Bank of Nigeria, has disclosed.
In...
September 01, (THEWILL) – A foremost credit rating agency, Agusto & Co, has warned that Nigeria’s inflation, which recently saw a slight moderation, is at risk of persisting due to several upcoming fiscal measures.
According to Agusto & Co, the...
September 01, (THEWILL) – In an apparent state of bewilderment stemming from what stakeholders and industry experts ascribed to ineptitude and corruption, the Nigerian National Petroleum Company Limited (NNPC) has made a detour on the endless route towards fixing...
August 29, (THEWILL) – The Federal Government has said more than 31.8 million Nigerians are currently facing acute food shortages due to ongoing security challenges and the recent removal of fuel subsidy.
This is according to a study conducted...
August 29, (THEWILL) – The Nigerian Deposit Insurance Corporation (NDIC) will, at the expiration of its notice released on August 23, 2024, approach a Federal High Court to grant the order to dissolve 87 microfinance banks and primary...
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.
