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.
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...
December 28, (THEWILL) - In an effort to fortify the Micro, Small and Medium Enterprises (MSMEs) sector, the Office of the Vice-President has teamed up with the Bank of Industry (BOI) to initiate the distribution of loans to businesses...
December 28, (THEWILL) - Two days to the last trading of the year, Naira gained marginally at the Nigeria Autonomous Foreign Exchange Market (NAFEM) when activities resumed on Wednesday, December 27, after the Christmas holiday.
This represents N13.29 gain or...
