Sam Diala, THEWILL

July 11, (THEWILL) – Nigeria’s external reserves added $923 million in the past four weeks ending July 8, 2022 thus reversing the several months of downward trend. The reserves had, before the rise, declined steadily to $38.421 billion on June...

July 11, (THEWILL) – Nigeria’s 10-year Eurobond closed the first half of the year at a yield of 13.45 percent or $69.8 in unit price, pointing to one of the worst yields in years for the economy. Sovereign Eurobond yields...

July 11, (THEWILL) – Nigerian Exchange Limited (NGX) has admitted 145,074,002 units of Nigerian Breweries Plc’s shares arising from the 2021 Scrip Dividend Election Scheme into its platform. The Breweries giant had proposed for shareholders’ approval, the Share for Cash...

July 10, (THEWILL) – Nigeria’s 10-Year Strategic Road Map, anchored by the Nigerian Content Development and Monitoring Board (NCDMB) will impact the Nigerian National Petroleum Corporation (NNPC), which transforms to a limited liability entity this month (July 18, 2022)....

July 09, (THEWILL) – Fidson Healthcare is to pay shareholders over N1 billion in dividend and also issue them one new share for every 10 they own in the company, both representing the planned compensation for holders of its...

July 07, (THEWILL) – Nigeria’s beleaguered power sector has run into deeper troubles as the Federal Government in conjunction with Fidelity Bank and AMCON takes over the affairs of five electricity distribution companies, also known as DISCOs. This follows lingering...

July 05, (THEWILL) – Zenith Bank Plc has emerged as the best commercial bank in the country in the World Finance Banking Awards 2022, retaining it for a second consecutive year. The bank was also named as the best corporate...

July 03, (THEWILL) – Nigeria’s equity investors witnessed a bumper harvest of N27.94 trillion in market capitalisation in the first half of the year (2022), creating N4.75 trillion or 21 percent returns for the profit hunters compared with N23.19...

July 02, (THEWILL) – Nigeria’s premier banking institution and leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the launch of the FirstGem fund (FirstGem loan); a single-digit loan scheme, exclusively designed to put women at...

July 02, (THEWILL) – Two days after the National Insurance Commission (NAICOM) announced the revocation of registration certificate of two insurers, Niger Insurance Plc and Standard Alliance Insurance Plc, the Nigerian Exchange Limited (NGX) has suspended nine...