Sam Diala, THEWILL

PenCom Issues Ultimatum To Employers On Remittance Documentation

August 31, (THEWILL) – The National Pension Commission (PenCom) has called on employers to file complete remittance documentation of their employees before December 31, 2023.or face sanctions. PenCom disclosed this in a document on Wednesday sent to concerned employers...

Equity Market Investors Gain N1.41trn in August

August 31, (THEWILL) – The bullish trend that characterised Nigeria’s local bourse in August saw trading close on Thursday with investors gaining N1.41 trillion as market capitalisation hit N36.42 trillion against N35.01 trillion the month opened on August...

Nigerian Stocks Market Loses N27.9bn After Reaching 15-year High

August 31, (THEWILL) - Nigeria’s equities market lost N27.9 billion on Wednesday, after hitting a 15-year high on the previous day’s trading. Market capitalisation dropped to N36.36 trillion from N36.39 trillion on Tuesday. The NGX All-Share Index fell to...

NGX Group to Pay Interim Dividend to Shareholders on Thursday

August 31, (THEWILL) - Nigerian Exchange Group Plc (NGX Group) is expected to pay its shareholders an interim dividend of 25 kobo per ordinary share of 50 kobo each on Thursday, 31 August 2023. This comes subsequent to an...

Dangote Sugar To Merge With NASCON, Dangote Rice

August 31, (THEWILL) - Dangote Sugar Refinery Plc is to merge with NASCON Allied Industries and Dangote Rice after the trio agreed to the terms and conditions clearing the path for their integration into a single entity. The proposal will...

Akwa Ibom Govt Shuts Illegal Mining Company Run by Chinese

August 31, (THEWILL) - The Akwa Ibom State Government has closed down a Chinese mining firm, Ruitai Mining Company, for failing to produce an operation licence. The state’s Commissioner for Environment and Mineral Resources, Uno Eno, said this when he...

FMDQ Group Wraps Up 2023 Financial Literacy Summer Camp Programme

August 30 (THEWILL) - FMDQ Group Plc, has successfully completed the 4th edition of its FMDQ-Next Summer Camp Programme at its business complex, Exchange Place, in Lagos. The programme, which is part of its commitment to fostering financial literacy in...

Anxiety As Customs Begins Implementation Of VAT On Diesel

August 30 (THEWILL) - Concerns have been raised among businesses and households over the introduction of value-added tax (VAT) by the Nigeria Customs Service (NCS).on imported automobile gas oil (AGO) popularly called diesel. The NCS made this known in a...

Zenith Bank Appoints Dr Juliet Ehimuan as Non-Executive Director

August 30, (THEWILL) - The Board of Directors of Zenith Bank Plc has appointed Dr. Juliet Ehimuan as a Non-Executive Director of the bank effective August 29, 2023. The appointment, which was announced in a statement to the Nigerian Exchange...

Nigeria’s Equities Market Hits Highest Level in 15 Years As Naira Tumbles to N775.34/$ on I&E Window

August 29, (THEWILL) – Nigeria’s equities market attained its peak level on Tuesday as the all-share index, which measures the overall performance of equities, climbed 0.5 per cent to 66,490.34 basis points as against 66,151.38 points on Monday....

About Me

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.
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