Sam Diala, THEWILL

January 16, (THEWILL) - In a major deal that will alter the landscape of Nigeria’s energy sector, a consortium of four Nigerian companies under the name Renaissance Africa Energy and an international Energy Group are planning to acquire...

January 16, (THEWILL) - Transcorp Hotels Plc has joined the league of trillion naira stocks on the Nigerian Exchange (NGX).. The hospitality subsidiary of Transcorp Group hit a record N1.02 trillion market capitalisation with a share price year-to-date...

January 15, (THEWILL) - Access Holdings Plc has announced the acquisition of Megatech Insurance Brokers Limited, an insurance brokerage company licensed and regulated by the National Insurance Commission. The Group stated this in a notice to the investing public and...

January 15, (THEWILL) - Nigeria’s annual inflation rate reached the highest level in over 27 years hitting 28.92 percent in December 2023 from 28.20 percent in November, the National Bureau of Statistics (NBS) said Monday. The statistics...

January 14, (THEWILL) - NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced a substantial increase in staff salaries, effective November 1, 2023. The increase in salary by up to 50% across all...

January 14, (THEWILL) - African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL). An initial disbursement of US$2.25 million has been made. A...

January 14, (THEWILL) - The recent dissolution of boards and management teams of three deposit money banks by the Central Bank of Nigeria (CBN) has sparked mixed reactions among stakeholders and industry experts. The CBN had announced the dissolution of...

January 12, (THEWILL) - Dangote Petroleum Refinery in Lagos has commenced the Production of diesel and aviation fuel. Earlier, the company, which received its fifth shipment of crude cargo on Thursday, January 4, 2024, in a statement, said production would...

January 11, (THEWILL) - The Central Bank of Nigeria (CBN) has announced new executives for Union Bank Limited, Keystone Bank Limited and Polaris Bank Limited. The CBN, on Wednesday, January 10, 2024, revealed that the appointments followed...

January 11, (THEWILL) - The Central Bank of Nigeria (CBN) has said it dissolved the boards and managements of Union Bank Limited, Keystone Bank Limited and Polaris Bank Limited for infractions against statutory rules which poses a threat...