October 01, (THEWILL) -Â The Central Bank of Nigeria (CBN) has explained the reason for the postponement of the planned launch of the digital currency, eNaira.
The launch, which was initially scheduled for October 1, has been deferred indefinitely.
The apex bank’s...
September 28, (THEWILL) - There are concerns that Nigeria’s deepening revenue challenge may escalate into a financial implosion, with the 36 states and the Federal Capital Territory (sub-nationals), being the worst hit. The situation is aggravated by the nation’s...
September 27, (THEWILL) - Red Star Express Plc, has recorded a turnover of N9.46 billion for the financial year ended March 31, 2021.
The company recorded a Profit Before Taxation (PBT) of N220.79 million and total of N150.07million as the...
September 27, (THEWILL) - Despite the devastating impact of the COVID-19 pandemic on the travels and tours sector, the Chairman, Dover Hotel, Barr Jackson Abbah, has revealed that the pandemic also brought a positive impact on indigenous hotels.
In a...
September 27, (THEWILL) -Â Unity Bank Plc is among the consortium of select banks to execute the funding of equipment for the construction of the 380km Abuja-Kaduna-Kano road project to the tune of N15.5 billion.
The facility is being extended to...
September 26, (THEWILL) - The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele has disclosed that the country’s infrastructure has to improve by at least between 5 to 7 per cent for it to stimulate productivity and sustainable growth...
September 26, (THEWILL) - Kebbi State is in north-western Nigeria and its capital is Birnin Kebbi. It was carved out of old Sokoto State in August 1991. The state is bordered by Sokoto, Niger and Zanfara states as well...
September 26, (THEWILL) - Union Bank of Nigeria Plc is investing hugely in technology. It is not lagging in this digital age that has reconfigured the banking landscape.  But the bank’s 2021 half- year report shows a lender struggling to...
September 25, (THEWILL) - “When people behave that way, they must know it is just a matter of time. The system cannot hold. The system definitely cannot hold. Five years looks extremely long. No system can survive the kind...
...Exceeds Planned $3bn Offer
September 22, (THEWILL) - The Nigerian Government has confirmed that it has successfully raised the sum of $4 billion through Eurobonds.
In a release issued Tuesday by the Debt Management Office, DMO, the agency said the deal...
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.