May 15, (THEWILL)- As the Economic and Financial Crimes Commission (EFCC) intensifies the clampdown on Bureau De Change (BDC) operators over the continued depreciation of the naira, members of the Association of Bureau De Change Operators of Nigeria (ABCON)...
May 14, (THEWILL)- Despite the challenging operating environment, shareholders of Unilever Nigeria Plc have approved a N4.3 billion dividend for the 2023 financial year.
The shareholders approved the dividend at the company’s 99th Annual General Meeting (AGM) held in Lagos.
The...
May 14, (THEWILL)- The Central Bank of Nigeria (CBN) is set to undergo a major operational overhaul, aiming to transfer about N5.5 trillion in development finance activities to a combination of private banks and Development Finance Institutions (DFIs).
According to...
May 13, (THEWILL)- The Socio-Economic Rights and Accountability Project (SERAP), BudgIT and 136 concerned Nigerians have filed a lawsuit against the Central Bank of Nigeria (CBN) “over its failure to withdraw the patently unlawful ‘Circular’ directing all banks and...
May 13, (THEWILL)- Electricity Consumers, industry experts, insiders and other stakeholders have expressed the doubt about the relevance of the recent unbundling of the Transmission Company of Nigeria (TCN) into two entities in solving the notorious electricity challenge that...
May 12, (THEWILL)- As part of efforts aimed at improving access to finance for small business owners across the country, the Development Bank of Nigeria (DBN), says it has since inception disbursed more than N787 billion to over 495,000...
May 12, (THEWILL)- After countless, yet unachieved, completion targets announced by the federal government and the Nigerian National Petroleum Company Limited (NNPCL) in the past years, 2025 has been announced as the new completion target. This has triggered concerns...
May 12, (THEWILL)- Transcorp Plc, Africa’s leading diversified conglomerate, has announced its interim results for the first quarter ending March 21, 2024, achieving a remarkable growth of 173 percent in gross earnings from N32.39 billion reported in Q1 2023...
May 10, (THEWILL) - FBN Holdings has announced that Mr Tunde Hassan-Odukale has officially stepped down as Chairman of FirstBank of Nigeria Limited, following the expiration of his tenure.
This was contained in an official filing of the company,...
May 6, (THEWILL)- Fitch Ratings has upgraded Nigeria’s credit rating outlook from stable to positive, saying the new rating partly reflects significant reforms by President Bola Tinubu to support the restoration of macroeconomic stability and enhance policy coherence.
It affirmed...
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.
