July 31, (THEWILL) - Governor of Lagos State, Babajide Sanwo-Olu, has slashed the fares of state-owned buses by 50 per cent to cushion the effect of the fuel subsidy removal.
Mr Sanwo-Olu announced this on Monday in a video shared...
July 31, (THEWILL) - It was double honours for Zenith Bank Plc at the London Stock Exchange as the bank was named the Best Commercial Bank in Nigeria for the third year running and Best Corporate Governance Bank,...
July 30, (THEWILL) - The National Pension Commission (PenCom) has denied the allegations that its Director-General, Mrs Aisha Dahir-Umar, claimed millions of dollars in estacodes during the COVID-19 lockdown in 2020, describing the allegation as “outrageous falsehood and fiction”.
The...
July 30, (THEWILL) - Dangote Cement Plc reported a net loss of N113.6 billion on forex-denominated transactions January through June from N40.7 billion one year prior, its unaudited financial report issued on Friday showed.
This was amid its...
July 30, (THEWILL) - Nigeria’s foremost brewer, Nigerian Breweries Plc sank to its first half-year loss in at least ten years and its heaviest since it started brewing beer 1949 in Lagos.
The loss was recorded against the backdrop...
July 30, (THEWILL) - Despite recording its biggest revenue on record, due to a boom in income from data, MTN Nigeria saw its bottom line for the first half of 2022 weakened by as much as 40...
July 30, (THEWILL) - Following the approval of the unaudited financial statements of Cadbury Nigeria Plc by the Board of Directors, the Company has announced a turnover of N35.608 billion for the six-month period ended 30 June 2023.
...
July 30, (THEWILL) - Dr. Adaora Umeoji, has been reappointed by the board of Zenith Bank Plc as the lender’s deputy managing director.
The announcement was made in a notice filed with the Nigerian Exchange Limited (NGX) on Friday.
The...
Impressed by the bullish run on the stock market in recent months, the Nigerian Exchange Limited (NGX) recently announced the reclassification of Fidelity Bank Plc from small price stock to medium price stock.
The evaluation upgrade recognised the active contribution...
July 29, (THEWILL) - Transnational Corporation Plc (Transcorp Group) has released its financial results for the first half (H1) of the year ended June 30, 2023, recording commendable growth across all its major indices.
In its financial report filed...
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.