Sam Diala, THEWILL

Regulatory Infractions: CBN, PenCom, Others Slam N159m Penalties on Stanbic IBTC

Stanbic IBTC Holdings Plc paid a total of N159 million as punishment against its subsidiaries for breaching various regulatory guidelines in the 2022 financial year. The penalties were imposed by the Central Bank of Nigeria (CBN), National Pension Commission...

Court Nullifies Sections of CAMA 2020

April 22, (THEWILL) – The Federal High Court, Abuja, has nullified some sections of the Companies and Allied Matters Act (CAMA), 2020 which were considered to infringe on the fundamental human rights of the Nigerian citizens. The judge, James...

AU Agency Urges Farmers to Embrace Better Agric Practices

April 22, (THEWILL) – The African Union Development Agency – New Partnership for Africa’s Development (AUDA-NEPAD) has urged rural farmers to embrace climate smart agricultural practices, to improve their yields and ensure food security in the country. The National...

Customs Intercept 553 Parcels of Cannabis Sativa in Seme

April 22, (THEWILL) – The Semé Command of Nigeria Customs Service said it intercepted 553 parcels of cannabis sativa worth N10 million with four suspects arrested alongside. The Customs Area Controller of Seme Customs, Comptroller Dera Nnadi disclosed...

NGX Confirms Listing of FG’s N1bn April Savings Bonds

April 22, (THEWILL) – The Nigerian Exchange Limited (NGX) has disclosed that the Federal Government has listed its April 2023 Savings Bonds worth ₦1.08bn on the nation’s bourse. The NGX which disclosed this in its weekly report on activities...

At Last, FG Concessions Onitsha Port

April 21, (THEWILL) – The federal government says it has successfully concessioned the Onitsha Port in Anambra state while discussions are ongoing for the concessioning of Baro and some other ports in the country. George Moghalu, managing director, National...

TCN Plunges Abia Into Indefinite Blackout

April 21, (THEWILL) – Most parts of Abia state have been thrown into unprecedented and indefinite darkness by the Market Operator, an arm of the Transmission Company of Nigeria (TCN). The incident, which occurred Friday morning (April 21), is...

Seplat Confirms Withdrawal of Immigration Lawsuit by FG

April 20, (THEWILL) - Seplat Energy disclosed on Thursday that the Nigerian government, through the Nigerian Immigration Service has called off the legal action launched against the company and some of its directors and officials. Seplat in a statement on...

Transcorp Confirms Otedola’s N5bn Share Acquisition

April 20, (THEWILL) - Transnational Corporation (Transcorp) Plc, has confirmed that Femi Otedola acquired a majority stake in the diversified investment company. Transcorp made the revelation in a corporate document filed with the Nigerian Exchange Limited (NGX) on Thursday, 20...

Access Holdings Plc Records Earnings Surge of 43% to N1.39trn

April 20, (THEWILL) - Access Holdings Plc has announced the release of its audited financial statements for the year ended 31st December 2022, showing a 43 percent surge in gross earnings to N1.39 trillion from N971.89 billion reported in...

About Me

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.
1790 POSTS
0 COMMENTS