Sam Diala, THEWILL

May 27, (THEWILL)- Despite incessant corporate governance hiccups amid a challenging operating environment,  FBN Holdings, the parent company of FirstBank of Nigeria Limited, posted amazing triple-digit bottom-line growth in 2023. The group also announced a 95.6 percent remarkable increase...

May 26, (THEWILL)- The Chairman, Board of Directors, United Bank for Africa (UBA) Plc, Mr Tony Elumelu has said that the over N2.08 trillion revenue and N607.69 billion profit after tax reported by the group in the 2023 financial...

May 26, (THEWILL)- While major international oil companies like TotalEnergy dump Nigeria for other parts of Africa, Niger has commenced shipment of oil. This development puts the landlocked African country into the league of oil-exporting African nations barely a...

May 26, (THEWILL)- The Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) have stepped up their fight against the perceived ‘enemies’ of the naira who are seemingly responsible for the continued depreciation of the...

May 21, (THEWILL)- The NGX All-Share Index and Market Capitalization depreciated by 0.11% and 0.10% to close at 98,125.73 and N55.508 trillion respectively last week A total turnover of 1.652 billion shares worth N42.677 billion in 38,123 deals was traded...

May 21, (THEWILL)- The Nigerian Aviation sector gained further ground during the week as the country’s Open Skies Air Transport agreement with the United States entered into force on Monday (today).. THWEWILL recalls that th Office of the Press Secretary...

May 21, (THEWILL)- The Federation Accounts Allocation Committee (FAAC) distributed N1.208 trillion in revenue to the Federal Government, States, and Local Government Councils for May 2024 from April revenue. On a month-by-month basis, this figure represents an increase  of N191...

May 20, (THEWILL)- Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions. The decision of the apex bank to withdraw the circular followed the public outrage that...

May 19, (THEWILL)- The high cost of goods and services as well as the increase in operating expenses experienced by businesses in Nigeria are, directly or indirectly, linked to the high cost of doing business in the country’s ports. Findings...

May 19, (THEWILL)- Two civil society organisations, Divine Era Development and Social Rights Initiative (DEDASRI) and Media Advocacy West Africa (MAWA-Foundation), have accused the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of allegedly awarding the construction of an...