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...
August 27, (THEWILL) – Nigeria’s key revenue and employment generating sectors are struggling to achieve enhanced and sustainable growth as the economy grapples with multi-faceted challenges. The affected sectors include oil, agriculture and manufacturing.
According to data by the National...
August 26, (THEWILL) – Operating and related expenses of the Nigerian National Petroleum Company Limited, NNPCL, witnessed a significant increase in 2023, while it superintended over four resource-gulping idle refineries and engaged in massive importation of refined petroleum products.
The...
August 25, (THEWILL) – FCMB Group, a foremost financial services holding company, posted impressive results for its half year 2024 operations. The remarkable performance, which reflects a positive trajectory towards a triple-digit growth in the recapitalization environment, underscores its...
August 23, (THEWILL) – The Nigerian Exchange Limited (NGX) has rated Fidelity Bank Plc highest on corporate governance.
Details of the performance assessment revealed by the bank showed that Fidelity Bank Plc complies with the highest corporate governance standards...
August 23, (THEWILL) – The Chief of Staff to President Bola Ahmed Tinubu, Rt. Hon. Femi Gbajabiamila, CFR, has commended the National Agency for Science and Engineering Infrastructure (NASENI), for its technological advancements, product innovations and interventions in various...
August 23, (THEWILL) – A Central Bank of Nigeria (CBN) survey showed that businesses in the country say they expect the Naira to continue to depreciate in the next three months beginning from July, but will begin appreciation after...
August 23, (THEWILL) – DAAR Communications PLC, the parent company of African Independent Television (AIT), Raypower, and Faaji FM, has announced the retirement of several key members of its executive management team, including Mr Tony Akiotu and Dr Oluwatosin...
August 23, (THEWILL) – Transcorp Plc has reported an impressive 283% increase in profit before tax, reaching N70.92 billion in the first half of 2024. This increase, not only exceeded the company’s full-year pre-tax profit for 2023 by...
August 21, (THEWILL) – Afrigopay Financial Services Limited (AFSL) has announced the successful launch of instant POS settlement for AfriGO card transactions, marking a significant advancement in the global payment landscape.
This pioneering service provides merchants with...
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.
Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
