Sam Diala, THEWILL

November 14, (THEWILL) - One of the oldest banks in Nigeria, Union Bank of Nigeria, has completed shareholders takeover and subsequently delisted from the stock exchange, The Nigerian Exchange Limited (NGX). THEWILL recalls that Union Bank received an offer from...

November 14, (THEWILL) - Afrinvest West Africa Limited will be unveiling the 2023 Nigerian Banking Sector Report in Lagos on Tuesday, November 14, 2023. The report, with the theme, ‘Getting Nigeria to Work Again!’ will be unveiled by...

November 14, (THEWILL) - The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted efforts are...

November 12, (THEWILL) - Zenith Bank Plc, Nigeria’s largest financial services institution by market capitalisation (N1.04 trillion currently), is set for the N20 trillion assets mark by year-end amid strong balance sheet growth on massive revenue haul for the...

November 10, (THEWILL) - The Naira traded N996.95 per dollar on the Nigerian Alternative Foreign Exchange Market (NAFEM) on Thursday, November 9, pushing closer to the parallel market rate of N1,175/$ on the same day. The massive slump of...

November 9, (THEWILL) – Federal Capital Territory (FCT) High Court has restrained a South African company, Novare, and its subsidiaries, from selling off their assets in Nigeria. The News Agency of Nigeria (NAN) reports that Novare is the owner of...

November 09, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip...

November 08, (THEWILL) - The ongoing construction of the $5bn Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse skill...

November 08, (THEWILL) - The naira plunged deeper to N869.91 per dollar on the Nigerian Autonomous Foreign Exchange Market (NAFEM), formerly Investors’ and Exporters’ (I&E) window, on Tuesday as shown on the FMDQ website. This was the lowest depreciation in...

November 06, (THEWILL) - Fitch Ratings has affirmed Nigeria’s long-term foreign currency credit default outlook at B- citing recent policies by President Tinubu as responsible for the stable outlook. It also raised concerns over the proposed $10 billion forex loan...