January 14, (THEWILL) - African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL).
An initial disbursement of US$2.25 million has been made. A...
January 14, (THEWILL) - The recent dissolution of boards and management teams of three deposit money banks by the Central Bank of Nigeria (CBN) has sparked mixed reactions among stakeholders and industry experts.
The CBN had announced the dissolution of...
January 12, (THEWILL) - Dangote Petroleum Refinery in Lagos has commenced the Production of diesel and aviation fuel.
Earlier, the company, which received its fifth shipment of crude cargo on Thursday, January 4, 2024, in a statement, said production would...
January 11, (THEWILL) - The Central Bank of Nigeria (CBN) has announced new executives for Union Bank Limited, Keystone Bank Limited and Polaris Bank Limited.
The CBN, on Wednesday, January 10, 2024, revealed that the appointments followed...
January 11, (THEWILL) - The Central Bank of Nigeria (CBN) has said it dissolved the boards and managements of Union Bank Limited, Keystone Bank Limited and Polaris Bank Limited for infractions against statutory rules which poses a threat...
January 09, (THEWILL) - The Debt Management Office (DMO) has unveiled the initial bond offering for 2024.
The offer comprises two Federal Government of Nigeria (FGN) savings bonds available for subscription according to a statement by the Agency on Monday....
January 08, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn just as its share price value hits N29.90 per share.
At the...
January 08, (THEWILL) - The Nigerian Communications Commission (NCC) has announced the commencement of disconnection of Globacom from MTN Nigeria Communicztions Plc (MTN).
The NCC in a public notice signed by its Director, Public Affairs Department, Reuben Muoka, released on...
January 07, (THEWILL) - In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria (CBN) has recently disbursed approximately $61.64 million to foreign airlines through...
January 07, (THEWILL) - Despite housing the largest natural gas reserves and significant crude oil deposits in Nigeria, Imo state, in South-east region, attracted zero foreign investment in four years, between 2020 and 2023, according to data by the...
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.
