Sam Diala, THEWILL

September 09, (THEWILL) – First City Monument Bank (FCMB) Plc spent N1.17 billion on its directors in the first six months of the year (HY2024) according to its interim financial statement filed with the Nigerian Exchange (NGX). This figure...

September 08, (THEWILL) – The Securities and Exchange Commission (SEC) has announced the implementation of new measures aimed at simplifying the process for companies to list their shares on the Nigerian Exchange. This initiative is part of broader efforts to...

September 08, (THEWILL) – The Nigerian Foreign Exchange Market (NAFEM) recorded a total of $3.30 billion turnover in the month of August, according to data obtained from the FMDQ platform. This constitutes a 31.1 percent dip compared to $4.79...

September 08, (THEWILL) – The recent increase in the pump price of Premium Motor Spirit (PMS), generally known as petrol, will worsen the prevailing energy crisis and spark severe challenges in the economy, with micro, small and medium...

September 06, (THEWILL) – Nigeria’s oil and gas companies paid about N132.06 billion in gross insurance non-life premiums in the first quarter of 2024 (Q1 2024). This is according to the bulletin of insurance market performance in the first quarter...

September 06, (THEWILL) – The Bank of Industry (BoI) said it has raised approximately €1.43 billion during the senior phase of its global loan syndication. In a statement on Thursday, BoI said the transaction, which was the largest amount in...

September 06, (THEWILL) – Industry stakeholder and Chairman of Integrated Oil and Gas Ltd., Capt. Emmanuel Iheanacho (rtd), has countered the call by billionaire businessman and Chairman of Geregu Power Plc, Mr. Femi Otedola, for petroleum marketers in the...

September 05, (THEWILL) – The naira recorded its worst performance in six months at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday, September 4, 2024, where it exchanged for N1,625.88 to the dollar. This marks the lowest exchange...

September 02, (THEWILL) – The admixture of fiscal and monetary policy initiatives impacted considerably on the equities market in the eight months of the year – pushing the All-Share Index to a growth of 30%, year-to-date, as bargain hunters...

September 01, (THEWILL) – Foreign education cost Nigeria $28.65bn from 2010 to 2020, with Personal Transport Allowance totalling $58.7bn, a report by the Office of the Deputy Speaker, House of Representatives, quoting the Central Bank of Nigeria, has disclosed. In...