September 11, (THEWILL) – The Financial Times Stock Exchange (FTSE), also known as FTSE Russell Group, has announced the downgrading and reclassification of Nigeria’s Exchange from Frontline to Unclassified Market with effect from Monday September 18, 2023.
In an...
September 11, (THEWILL) – Zenith Bank Plc has reported a 161.8 percent growth in its 2023 half-year profit after tax to N291.73 billion from N111.41 billion in the corresponding period of 2022.
The Tier-1 bank also posted a significant...
September 10, (THEWILL) - Guaranty Trust Holding Company Plc (GTCO) stunned industry watchers with a superlative performance in the 2023 half year. It exceeded analysts’ forecasts in all parameters that account for growth and excellence.
Although this is attributed largely...
September 7, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Limited has denied reports that it is opposed to the sale of the shares of Nigerian Agip Oil Company Limited (NAOC) to Oando Plc.
The clarification follows media...
September 6, (THEWILL) – The recent agreement by Oando Plc with Eni to acquire 100 percent stake in its (Eni’s) subsidiary – Nigerian Agip Oil Company (NAOC) Limited – may have suffered a setback as the Nigerian National Petroleum...
September 05, (THEWILL) - PZ Cussons Nigeria Plc (PZCN) has announced that its core shareholder, PZ Cussons (Holdings) Limited, intends to acquire the shares held by all other shareholders of the company at an offer price of ₦21...
September 05, (THEWILL) - The Acting Governor, Central Bank of Nigeria (CBN) has said that the bank is making plans to clear the foreign exchange (FX) backlogs in the next one or two weeks.
Shonubi, who disclosed this at...
September 05, (THEWILL) - Heirs Insurance Group, comprising Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), announced a record-high 226% jump in Gross Written Premium (GWP), from N6.1bn in 2021 to N19.9bn for the financial year ended...
September 05, (THEWILL) - Fidelity Bank Plc has said it will pay an interim dividend of twenty-five kobo per share to its shareholders on September 22, 2023, and that the dividends will be subject to the appropriate withholding tax.
...
September 4, (THEWILL) – The newly appointed Executive Vice Chairman/Chief Executive Officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu said he would ensure that President Tinubu’s Renewed Hope Agenda is achieved through...
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.
