Sam Diala, THEWILL

January 03, (THEWILL) - The Central Bank of Nigeria (CBN) has announced that cash withdrawals will not be possible from accounts operated for virtual and digital asset transactions. Withdrawals from these accounts would only be available by transfer or manager’s...

January 02, (THEWILL) - In the first trading day of the year, the Nigerian equities opened on a bright note as market capitalisation rose to N41.58 trillion. This translates to N665.98 billion gain against the closing figure of N40.98 trillion...

January 02, (THEWILL) - NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced that it is set to begin its conversion to full Commercial Banking Business following its recent requisition of the national commercial banking license...

January 02, (THEWILL) - The Nigerian Investment Promotion Commission (NIPC) has granted 34 companies there years tax exemption in 2023 to promote investment and drive economic growth and development. Head of Incentives Administration, NIPC, Lovina Kayode, disclosed this during...

December 31, (THEWILL) - In a demonstration of sustained quality corporate leadership among the 155 listed companies, Transporp Hotels Plc emerged the best equity on the Nigerian Exchange (NGX), in terms of return-to-date performance for 2023. According to data by...

December 31, (THEWILL) - Afrobeat’s sensation, Adekunle Gold, popularly known as AG Baby, mesmerised hundreds of music lovers and inspired youths at a pre-Christmas concert sponsored by FirstBank, Nigeria’s premier financial institution. The event, aptly named “Stacked December Party,”...

The Naira lost 96.5 percent in value, year-to-date, as it closed N907.11/$1 at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, December 29, 2023. This is N445.6 loss (representing 96.5 percent) against N461.5/$1 the local currency opened on January...

December 29, (THEWILL) - Total investment inflow, otherwise called capital importation, into the economy crashed to a record low of $654.65 million in the third quarter of the year (Q3 2023). The National Bureau of Statistics (NBS) disclosed in its...

December 29, (THEWILL) - The Nigerian equities market hit the peak of N40.91 trillion in market capitalisation at the close of trading on December 29, 2023 - the highest in its 63 years of existence. All Share Index also...

December 29, (THEWILL) - Nigeria’s much awaited $2.25 billion foreign exchange support facility from the Afreximbank is expected to arrive today, Friday, December 29, 2023. The facility agreement which the Nigerian National Petroleum Company Limited (NNPCL) signed in September 2023...