Sam Diala, THEWILL

Shareholders of Nigeria’s quoted companies have slammed Guaranty Trust Bank, a member of Guaranty Trust Holding Company (GTCO) Plc, over the recent multi-million dollar penalties against its United Kingdom (UK) subsidiary for running afoul of the country’s anti-money laundering...

January 31, (THEWILL) - The International Monetary Fund (IMF) has revised upwards the growth projections for Nigeria in 2023 to 3.2 percent from 3.1 percent which was projected earlier in Q4 2022. This was contained in the Fund’s latest World...

January 30, (THEWILL) - The Central Bank of Nigeria (CBN) has directed commercial banks to, henceforth, pay customers over-the-counter with the lower Naira denominations. These include N100, N50, N20, N10 and N5 notes regardless of how much a customer is...

National Bureau of Statistics (NBS) on Friday said the prices of some food items in Nigeria increased in December. Headline inflation (all goods and services) reached its lowest rate in eleven months in December, after ten straight monthly increases. Food...

The National Bureau of Statistics (NBS) has said that residents based in the South-East region paid the highest kerosene costs in December 2022. This is contained in the NBS National Household Kerosene Price Watch report, which disclosed that South-Eastern Nigerians...

At the end of the last weekday of trading on the Nigerian Stock Exchange (NGX), a total of 171,109,870 shares in 3,599 deals, corresponding to a market value of NGN 2,343,568,438.20, were traded. Compared with the previous NGX trading...

There are indications that the telecommunications (telecom) sub-sector would shield Nigeria from the likely effects of impending global recession – a phenomenon the World Bank and the International Monetary Fund (IMF) predict would bash emerging and developing economies in...

Nigeria recorded 222.2 million active telephone lines as of the end of 2022, data from the website of the Nigerian Communications Commission (NCC) have revealed. Subscription Statistics released by the NCC as of December 2022, showed that connected telephone lines...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) disclosed Friday that the volume of products supplied to marketers at the loading points has dropped by about 50 per cent. IPMAN deputy president, Zarma Mustapha, disclosed this while speaking on...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its first meeting of 2023 on the 23rd and 24th of January. Many analysts believe that the Committee remains faced with either...