Sam Diala, THEWILL

Nigerian Breweries Lists 145m Bonus Shares on The Nigerian Exchange

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...

Local Content: NCDMB’s Road Map to Boost Empowerment as New NNPC Begins

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)....

Drug-maker Fidson Plans N1bn dividend, Bonus Shares for Shareholders

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...

Power Sector: More Trouble as Fidelity Bank, AMCON Take Over Five DISCOs

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...

Zenith Named Best in Nigeria’s Commercial Banking, Corporate Governance

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...

H1 2022: Equity Investors Gain N4.75trn in 21% Market Surge

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...

First Bank Launches Single-Digit Loan for Women-owned Businesses

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...

More Trouble for Insurance as Nigerian Exchange Suspends Nine Firms

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...

Investors Trade N485.4bn Worth of Equities in Q2 2022

July 01, (THEWILL) – Both local and foreign investors on the Nigerian Exchange Limited (NGX) traded N485.4billion worth of equities in the second quarter (Q2) of 2022. This is an increase of 40.11per cent when compared to N346.43 billion traded...

NGX, GRI, PRI Collaborate to Boost Awareness on ESG Data Metrics

June 30, (THEWILL) – The Nigerian Exchange Limited, Global Reporting Initiative (GRI) Africa and Principles for Responsible Investment (PRI) organized a webinar tagged “Empowering Responsible Investing through Data Metrics and Environmental, Social and Governance (ESG) Integration”, on Wednesday, 29...

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.
1828 POSTS
0 COMMENTS