Sam Diala, THEWILL

June 30, (THEWILL) – Wema Bank Plc has concluded arrangements to commence its N40 billion rights issue to the existing shareholders of the bank in August 2022. This follows the approval of the deal by the bank’s shareholders at an...

June 30, (THEWILL) – The Central Bank of Nigeria (CBN) has released the Risk-Based Cyber-security Framework and Guidelines for Other Financial Institutions (OFIs). The bank said the action became necessary as a result of the recent increase in the number...

June 30, (THEWILL) - SAM DIALA x-rays how Nigeria’s equities market hit over N29 trillion capitalisation – the highest in 61 years – amid economic downturn, and the implications. The Nigerian Stock Exchange (now the Nigerian Exchange) hit the peak...

June 29, (THEWILL) – Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. The rating agency also upgraded Fidelity’s National Long-Term Rating to ‘A(nga)’ from ‘BBB+(nga)’. According to...

June 29, (THEWILL) – The Federal Government’s agenda to transform the country to a robust digital economy, became the focal point in the message of the Honourable Minister of Communications and Digital Economy, Prof. Isa Ibrahim Pantami, who was...

June 29, (THEWILL) – The Federal Government has raised tax on tobacco consumption to 30 percent. This was made known by the Minister of State for Health, Olorunnimbe Mamora, in Abuja on Tuesday while delivering his remark at the launch...

June 29, (THEWILL) – The Investors and Exporters (I&E) Forex Window introduced by the Central Bank of Nigeria in April 2017 attracted over N50 billion in three years of its operation. The I&E window, also known as the Nigerian Autonomous...

June 28, (THEWILL) – The Lagos State Government has explained why it shut at least 137 eateries and buildings across the state over violation of the state building law The sealed structures were said to have been sealed by the...

June 28, (THEWILL) – Data released on by the Nigerian National Petroleum Company Limited showed that amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery rehabilitation between January and May this year was N1.301...

June 28, (THEWILL) – The Central Bank of Nigeria (CBN) in collaboration with the Bankers Committee, has taken the eNaira campaign to Tejuosho market in Yaba Lagos to sensitise the traders and consumers on how to conduct transactions with...