Sam Diala, THEWILL

March 07, (THEWILL) - The Central Bank of Nigeria (CBN) has said that total repayment of loans under the Anchor Borrowers’ Programme (ABP), stood at N503 billion as at date, representing 52.39 per cent of recovered facilities. The CBN...

Minister of Aviation, Senator Hadi Sirika has called on the World Meteorological Organisation (WMO) to intensify effort in encouraging cooperation among Members and assist in bridging the existing gap between the political class and the experts on the field. This...

Nigerian Breweries Plc reported 27 per cent. This comes over decline in profit before tax and growth in profit after tax of 4.06 percent over a decline in tax expenses. The decline in profit before tax dragged the profit margin...

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has said that its new chief executive officer, Jeremy Awori, has assumed his role with effect from 1 March. The Group appointed Mr Awori in September 2022 upon the...

The impact of severe flood and massive oil theft that put Nigeria on the spotlight of economic devastation last year, contributed to the poor Gross Domestic Product (GDP) for 2022. The National Bureau of Statistics (NBS) in its 2022...

March 03, (THEWILL) - Transcorp Hotels Plc, a leading hospitality brand, has reported its financial results for the full year 2022. The Group reported a profit before tax (PBT) of N4.5 billion, a 172 percent increase year-on-year, having...

March 01, (THEWILL) - Following anticipatory approval by the Central Bank of Nigeria (CBN), Nigeria’s largest bank by market capitalisation, Zenith Bank Plc, is set to unveil its new status as a financial holding company (HoldCo) with founder...

A number of Nigerian universities have appointed the immediate past Minister of State Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, as a visiting Professor of Law. These include the University of Benin, Benin-City; Baze University, Abuja; Afe Babalola University, Ado-Ekiti,...

Nigeria’s equity market gained N2.02trn, year-to-date, at the close of trading on February 24, 2023, the eighth week of trading in the year. Market capitalisation which opened with 29.93 trillion on January 4, closed N27.91 trillion on February 24, representing...

Shareholders of Nigeria’s quoted companies and industry experts have reacted to the recent policy by the Central Bank of Nigeria (CBN) on a new tenure limit for banks’ executive management and non-executive directors which unseat prominent industry players. The apex...