Sam Diala, THEWILL

April 28, (THEWILL)- Nigeria’s rising headline inflation rate has been driven by high cost of food. This has been the trend for a long time now, culminating in the latest inflation surge of 33.2 percent in March 2024, up...

April 28, (THEWILL)- The Senate’s probe of N30 trillion Ways and Means loan obtained by the Muhammadu Buhari Administration from the Central Bank of Nigeria (CBN) has snowballed into eight weeks, against the scheduled four weeks deadline for a...

April 25, (THEWILL) - The Central Bank of Nigeria (CBN) says a notice circulating on social media about the risk of cryptocurrency did not originate from it and, therefore, is fake news. The CBN disclosed this via its official X...

April 24, (THEWILL) - Nigeria’s external debt servicing hit $3.5 billion in the fiscal year that ended December 31, 2023, according to data from the Central Bank of Nigeria (CBN). The data is contained in the latest CBN’s Quarterly...

April 23, (THEWILL) - The Board of MRS Oil Nigeria Plc will, at the company’s Extraordinary General Meeting (EGM) scheduled for May 21, 2024, request shareholders’ endorsement to voluntarily delist from the Nigerian Exchange Limited (NGX). The decision to exit...

April 22, (THEWILL)- The Nigerian government and its agencies amassed over N134.78 million as taxes on the fully booked maiden London flight of Air Peace Airline on Saturday, March 30, 2024  -- investigation has shown. The amount which comprises ‘Taxes’...

April 21, (THEWILL)- Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc has announced the divestment of its 100% interest in Transcorp Hotels Calabar Limited to Eco Travels and Tours Limited, an indigenous hospitality company. This was contained in...

April 21, (THEWILL)- Amid worsening economic hardship, Nigerians were subjected to high costs of petrol, diesel and cooking gas in the month of March, 2024, according to the National Bureau of Statistics (NBS). In its monthly reports on Premium Motor...

April 21, (THEWILL)- Africa’s Global Bank, United Bank for Africa Plc (UBA), emerged tops in asset growth among Nigeria’s major financial services institutions, especially those in Tier-1 category. Details from the 2023 financial statements of the ‘Big Five’ recently submitted...

April 17, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, says it will seek shareholders’ nod to raise capital to meet the recapitalisation requirement stipulated by the Central Bank of Nigeria (CBN). UBA disclosed this in a...