Sam Diala, THEWILL

Sterling Bank to Change Name as Shareholders Approve Restructuring

September 26, (THEWILL) – Sterling Bank Plc will take a new name after receiving shareholders’ approval to convert from a core banking business to a holding company, its board said on Monday, setting it up for the opportunity to...

Access Holdings Plc Headed Beyond N15trn Assets Mark

The half year performance of Access Holdings Plc indicates that the top-ranked financial services institution is headed to cross a historic N15 trillion assets mark at the end of 2022. Presently, Access Bank is the largest deposit money bank...

First Bank Announces Suspension of International Transaction on Naira Cards

September 22, (THEWILL) – First Bank of Nigeria has announced that its naira cards will no longer be used for international transactions starting September 30. The bank said the decision is due to current market realities on foreign exchange. Before now,...

Access Holdings Plc Gets CBN’s Approval to Launch Payments Unit – Hydrogen

September 21, (THEWILL) – Access Holdings Plc has obtained the go-ahead from the Central Bank of Nigeria (CBN) to set up a payments unit, the lender said Wednesday, the latest phase of its grand plan to diversify away from...

Tony Elumelu Foundation, UNCDF Sign African Youth Entrepreneurship Agreement

September 20, (THEWILL) – The Tony Elumelu Foundation and the UN Capital Development Fund (UNCDF) today signed an agreement to support youth entrepreneurship in Africa, with a specific focus on historically underinvested areas within African frontier markets. In bringing together the...

We Are Driving Non-Oil Export With Speed – UBA

September 20, (THEWILL) – Africa’s Global Bank, United Bank for Africa (UBA) Plc, has said it is driving Nigeria’s non-oil export scheme with speed as a mark of its commitment to the country’s diversification initiative. The bank has also explained that...

RT200 FX: Export Remittances Have Improved Significantly – CBN

September 20, (THEWILL) – The introduction of the “Race to $200 billion in FX Repatriation” (RT200 FX) by the Central Bank of Nigeria (CBN) has spurred significant improvement in the country’s export remittances, the apex bank has revealed. The Principal...

SEC Reiterates Commitment to Commodities Ecosystem Development

September 18, (THEWILL) – The Securities and Exchange Commission (SEC) has reiterated its commitment to developing the commodities ecosystem in Nigeria to boost its non-oil sector. The Director-General of SEC, Lamido Yuguda, stated this at the 2022 annual conference of the...

Despite Forex Restrictions, Palm Oil Importation Gulps N28.16bn in 6 Months

Nigeria imported palm oil to the tune of N28.16 billion in the first six months of 2022, as the value of agricultural commodities shipped into the country maintained an upward trend. Palm oil falls under the nation’s foreign exchange...

Access Holdings Gross Earnings Surge by 31% to N592bn

September 15, (THEWILL) – Access Holdings Plc has released its half-year 2022 financial result posting gross earnings of N591.803 billion for its 2022 half-year results, representing a growth of 31.42 percent year-on-year. In its unaudited half-year financials submitted to the...

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.
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