October 31 (THEWILL) - Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has said that the government may crack down on illicit currency traders, commonly called back-market money dealers.
He also gave the...
November 10, (THEWILL) - Nigeria’s agricultural sector has been on a continued decline in the past seven years – since 2017. This is not good news for the consumer goods firms who depend on the sector for local sourcing...
October 30, (THEWILL) - Consolidating on its recently released second-quarter performance, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has again announced a splendid performance in its unaudited financial results for the third quarter ended September 30, 2023,...
October 30, (THEWILL) - Although the global economy is in a much better position than it was in the 1970s to cope with a major oil-price shock, an escalation of the latest conflict in the Middle East—which comes on...
October 30, (THEWILL) - In an unprecedented twist of events, the Nigerian naira suffered a significant plunge in the financial market on Monday, October 30, 2023, the lowest since the currency float policy was introduced mid-June, 2023.
The currency,...
October 29, (THEWILL) - Access Corporation added N6.40 trillion to its assets in the nine months of the year, thereby growing its balance sheet by 43 percent as of September 30, 2023, according to its Q3 interim financial statement...
October 27, (THEWILL) - Nigeria’s equities and foreign exchange markets declined after the day’s transactions as mixed reactions trailed the Supreme Court’s judgement affirming Bola Ahmed Tinubu’s victory at the February 25 presidential election polls.
Nigeria's Supreme Court on...
October 25, (THEWILL) - Nigerian equities market on Tuesday jumped by N187 billion following gains from investors’ scramble for telecoms and banking stocks.
The outcome helped the market to bounce back, paring previous session losses as the market...
October 25, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that crude oil thieves now install closed-circuit television cameras on trees.
This new tactic, the national oil company said, was aimed at evading the prying eyes...
October 25, (THEWILL) - The naira on Tuesday plunged to a record low of N1,310 per dollar on the parallel market, thereby activating life-threatening concerns over prevailing economic hardship that has made life unbearable for the citizens.
Spiraling...
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.
