August 09, (THEWILL) - The World Bank Group on Tuesday said it is suspending new public financing to Uganda over the country’s enactment of its new Anti-Homosexuality Act.
The bank, in a statement on Tuesday, made available to THEWILL,...
August 08, (THEWILL) - The chairman of the Trusted Shareholders’ Association, Mukhtar Mukhtar, has disclosed the reason his members protested at the headquarters of FBN Holdings in Lagos on Monday, August 6.
In a telephone chat with THEWILL, Mukhtar said...
Group Managing Director, Afrinvest (West Africa) Limited, Mr Ike Chioke, spoke with journalists on the sidelines of the company’s mid-year investment parley in Lagos. SAM DIALA was there. Excerpts:
Your mid-year review is entitled ‘Turning Point’. Can you explain this?
It...
Ten major manufacturing firms in Nigeria, mainly in the consumer goods group, reported a total of N517.1 billion in non-recovery, net foreign exchange losses in the first half of the year (HY 2023), arising from the devaluation of the...
August 03, (THEWILL) - Nigeria’s equities market will lose N55.3 billion market capitalisation following GlaxoSmithKline’s (GSK), plan to close its operations in Nigeria after 51 years.
The British multinational .pharmaceutical and biotechnology company which commenced operations in Nigeria...
August 02, (THEWILL) - The World Bank President, Ajay Banga, will visit Nigeria this week as part of his mission to advance a global tour and improve the bank’s relationship with partners and countries of the world.
A statement...
August 02, (THEWILL) - The United Kingdom (UK) through its Foreign, Commonwealth and Development Office (FCDO) has stated that it will continue to focus on building future investment links and collaborate with Nigerian Exchange Limited (NGX) to ensure...
August 02, (THEWILL) - The Independent Petroleum Marketers Association of Nigeria, IPMAN, has expressed doubts over the several palliative measures being dished out by the President Bola Tinubu administration, describing them as faulty and potentially ineffective.
This assertion was...
August 02, (THEWILL) - Nigeria's equities market opened the eight month of the year Tuesday on a negative note, losing N79 billion as the capital market closed N34.9 trillion against N35.1 trillion it ended July activities on...
July 31, (THEWILL) - Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion.
The gain was also supported...
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.
