Sam Diala, THEWILL

April 03, (THEWILL) - The Nigerian Exchange Limited (NGX) has announced the suspension of shares in Sterling Bank Plc effective last Thursday The move is to prepare for the commencement of a holding company (holdco) structure which the company...

April 03, (THEWILL) – The National Pension Commission (PenCom) has approved the withdrawal of over N1.72 trillion for Pension Fund Administrators to pay Retirement Savings Account (RSA) holders from inception to 31st December 2022. According to PenCom in its...

April 03, (THEWILL) – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a new deadline for the submission of Technical/Commercial bids in respect of the 2022/23 Deep Offshore Oil block Mini-bid Round. The Chief Executive of the NUPRC,...

Multinational oil company, Oando Plc, is to delist from the Nigerian Exchange Limited 31 years after it was listed as a public company in February 1992. This follows plans by its core investor, Ocean and Oil Development Partners Limited (OODP),...

First Bank of Nigeria Limited, Nigeria’s premier financial services institution, has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa. FBNBank UK, FBNBank Sierra Leone, FBNBank Gambia and FBNBank DRC are the...

Following an aggressive diversification course championed by the Central Bank of Nigeria (CBN), the country earned a total of $22.6 billion (N8.8 trillion) from non-oil exports between 2019 and 2022, data by the National Bureau of Statistics (NBS) have...

March 29, (THEWILL) - The Senate has set up an ad hoc committee to recover over N6 trillion unpaid ground rent from property owners in the country. This followed the adoption of a motion by Yusuf Yusuf (APC-Taraba ) during...

March 29, (THEWILL) - The Senate on Wednesday urged the Central Bank of Nigeria (CBN) to liaise with commercial banks in Oron Local Government Area of Akwa Ibom State to resume operations. This followed the stoppage of banking activities as...

March 29, (THEWILL) - The Nigerian Content Development and Monitoring Board (NCDMB) has partnered the Association of Professional Women Engineers of Nigeria (APWEN) towards promoting Science, Technology, Engineering and Mathematics (STEM) curricula in secondary schools across the country, with...

March 28, (THEWILL) - The House of Representatives has extended the life of the capital component of the 2022 budget and the supplementary budget to June. The N5.47 trillion capital budget and the N819 billion were due to expire on...