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...
January 09, (THEWILL) - The Debt Management Office (DMO) has unveiled the initial bond offering for 2024.
The offer comprises two Federal Government of Nigeria (FGN) savings bonds available for subscription according to a statement by the Agency on Monday....
January 08, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn just as its share price value hits N29.90 per share.
At the...
January 08, (THEWILL) - The Nigerian Communications Commission (NCC) has announced the commencement of disconnection of Globacom from MTN Nigeria Communicztions Plc (MTN).
The NCC in a public notice signed by its Director, Public Affairs Department, Reuben Muoka, released on...
January 07, (THEWILL) - In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria (CBN) has recently disbursed approximately $61.64 million to foreign airlines through...
January 07, (THEWILL) - Despite housing the largest natural gas reserves and significant crude oil deposits in Nigeria, Imo state, in South-east region, attracted zero foreign investment in four years, between 2020 and 2023, according to data by the...
January, 06, (THEWILL) - Foreign airlines operating in Nigeria have concluded arrangements to resort to ticket sales in dollar, thereby ending the roller-coaster experience of naira transactions.
THEWILL authoritatively gathered that the airlines have vowed to resort to dollar...
January 06, (THEWILL) - The Federal Government is set to sack the boards of Union Bank Limited and Titan Trust Bank Limited next week in a move to effectively take over the two financial service institutions, a source...
January 03, (THEWILL) - Airtel Africa Plc on Wednesday announced the retirement of the Chief Executive Officer, Olusegun “Segun” Ogunsanya, with effect from 1 July, 2024.
Mr. Ogunsanya, who joined Airtel in 2012, ran the Nigeria Operations of the Telecommunications...
January 03, (THEWILL) - Nigeria’s deposit money banks have announced that they will comb their customers’ accounts to deduct the backlog of Electronic Money Transfer Levy (EMTL) on old foreign currency transactions.
The deductions, which will be effected in...
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.