April 9, (THEWILL) - The shareholders of Zenith Bank would get about N109.88 billion as dividends for the 2023 financial year as its profit after tax hit N676.91 billion.
This was disclosed in the annual report, which was filed...
April 9, (THEWILL) - Africa’s global financial institution, the United Bank for Africa (UBA) Plc, has reported its audited accounts for 2023, revealing gross earnings of N2 trillion, a significant increase from N835 billion just a year earlier.
This...
April 9, (THEWILL) - Guaranty Trust Holding Company Plc (GTCO), has reported profit before tax (PBT) of N609.3 billion, representing an increase of 184.5 percent over N214.2 billion recorded in the corresponding year ended December 2023.
This was disclosed...
April 8, (THEWILL) - The Group Managing Director/Chief Executive Officer of the Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has been elected as the Chairman of Central Securities Clearing System (CSCS) Plc, effective April 1, 2024, succeeding...
April 8, (THEWILL) - First Bank Holdings Plc will seek shareholders’ approval to raise N300 billion in additional capital at the group’s Extraordinary General Meeting (EGM) scheduled to hold virtually on Tuesday, April 30, 2024.
This was contained in...
April 7, (THEWILL)- Access Bank Plc, a leading institution in the Nigerian financial sector, has unveiled its innovative offline banking platform, www.901.ng to provide customers an additional digital channel to manage and carry out uninterrupted daily transactions.
With this innovative...
April 7, (THEWILL)- Nigeria’s equities market closed the first quarter of the year March 28, 2024 on a resounding note of significant growth as investors counted huge gains.
Data by the Nigerian Exchange (NGX) showed that market capitalisation hit N59.12...
April 7, (THEWILL)- Following the April 3, 2024 electricity tariff increase announced by the Nigerian Electricity Regulatory Commission (NERC), the Distribution Companies (DisCos) have instantly adjusted their billing template to reflect the new tariff. Consequently, electricity consumers will pay...
April 3, (THEWILL) - After nine years of existence since 2013, Old Mutual Nigeria has announced the sale of 100 percent of its stake in the General Insurance and Life businesses to the Emple Group.
The Emple Group is...
April 3, (THEWILL)- Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading listed conglomerate, announces its financial results for the year ended December 31, 2023.
The Group achieved substantial growth in its financial indicators, reinforcing its market leadership and strategic...
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.
