January 31, (THEWILL) - Transnational Corporation of Nigeria (Transcorp), reported a two-fold jump in bottom line to N34.1 billion for the 2023 financial, according to its earnings report issued Wednesday.
Energy, which contributed 78 per cent of gross revenue, is...
January 31, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria.
The Group Chief Executive Officer of...
January 31, (THEWILL) - The Central Bank of Nigeria (CBN) has issued a new directive to banks in the management of their foreign currency exposures which the apex bank said had created operational challenges in the system.
In a letter...
January 30, (THEWILL) - A group known as the Enugu State Graduate Farmers, has expressed dismay over the destruction of its 35,000 hectares of rice farm by herders in the state.
The farmland is at Ojoloko farm site at Umuiba,...
January 30, (THEWILL) - The Executive Chairman of the Federal Inland
Revenue Service (FIRS), Zacch Adedeji, on Tuesday, called for the strengthening of the existing symbiotic relationship between the FIRS and the Armed Forces in the country.
Mr Adedeji...
January 30, (THEWILL) - The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy and fiscal support measures in China.
It now sees global growth in 2024 at 3.1%, up...
January 30, (THEWILL) - The International Air Transport Association (IATA) has reacted to the statement by the Central Bank of Nigeria (CBN) that it has fully cleared the backlog of blocked funds owed the international airlines.
The CBN had...
January 29, (THEWILL) - The Group Managing Director of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mallam Mele Kyar, has declared that the national oil establishment had not failed to remit statutory oil income to the Federation...
January 29, (THEWILL) - The Executive Secretary, Nigerian Communication Commission (NCC), Aminu Maida, has commended Katsina State Governor Dikko Umaru Radda for his proactive approach to waiving Right of Way (RoW) charges for telecom firms
Maida, who disclosed this at...
January 29, (THEWILL) -The Central Bank of Nigeria (CBN) has injected another $500 million into the market.in a move aimed at addressing the persistent backlog of verified foreign exchange transactions,
THEWILL recalls that the apex bank had injected approximately $2...
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.
