October 05, (THEWILL) - The first local currency-denominated infrastructure investment trust fund in Nigeria and Sub-Saharan Africa, Nigeria Infrastructure Debt Fund (NIBF) has been listed on Nigerian Exchange Limited (NGX).
The listing, which took place on Thursday 5 October, was...
October 05, (THEWILL) - The naira plunged deeper into depreciation on Thursday shedding 2.5 percent as it exchanged N775.20 to a dollar, against N756.21 it traded at the I&E window a day before.
This is about the lowest dip in...
October 05, (THEWILL) - The World Bank has revised its economic growth outlook for Nigeria in 2023, to 2.9 percent.
This is lower than its earlier projection of 3.3 percent for Africa’s largest economy.
In the latest edition of...
October 04, (THEWILL) - Turnover on the Investors’ and Exporters’ (I&E) window of the Nigerian exchange market rose to $1.89 billion in September 2023, from $1.87 billion in the previous month (August) according to THEWILL daily tracking of the...
October 04, (THEWILL) - Renewed investor interest in Bua Cement (+9.94% against N9.94 per share), Zenith Bank (+0.16% on N31.50) and GTCO (+2.18% against N2.28 per share) were the primary drivers of the overall market's strong performance outweighing...
October 03, (THEWILL) - The National Bureau of Statistics (NBS) has said that the prices of basic food items in Nigeria have continued to soar after the inflation rate climbed another notch in the month of August.
In a new...
October 03, (THEWILL) - FMDQ Securities Exchange secondary market turnover hits N59.3 trillion between June and August.
The figure is higher than N53 trillion achieved in the corresponding period in 2022.
Secondary market turnover on FMDQ Exchange in August 2023 stood...
October 03, (THEWILL) - Following impressive recoveries from debtors and realisation of assets of banks in liquidation, the Nigeria Deposit Insurance Corporation (NDIC) has announced the declaration of N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20...
October 03, (THEWILL) - British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a $60 million trade finance facility for Access Bank Plc in Nigeria and five of its pan-African subsidiaries.
The parties, in...
October 03, (THEWILL) - VFD Group, an investment firm, will list its shares on the Nigerian Exchange (NGX) in the days ahead after receiving the go-ahead to do so.
The investment firm disclosed this in a statement on Tuesday.
About four...
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.
