Sam Diala, THEWILL

The plan by the Federal Government to engage the microfinance banks (Mfbs) in the implementation of its N500 billion palliative programme, brings to the fore the need for the Nigeria Deposit Insurance Corporation (NDIC) to step up its statutory...

August 10, (THEWIL) - FBN Holdings Plc has said it did not receive a court order stopping it from holding the Annual General Meeting (AGM) scheduled for August 15, 2023, emphasizing that the AGM would hold as scheduled. The company...

August 10, (THEWILL) - Nigerian Exchange Limited (NGX) has disclosed that it is working with the Central Securities Clearing System (CSCS) Plc and Euroclear to create a dollar settlement platform that will enable tech startups to raise in...

August 10, (THEWILL) - The Naira plummeted to N915/$ on Wednesday, August 9, 2023, exactly two months after President Bola Tinubu suspended the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, from office on June 9, 2023. Checks...

August 09, (THEWILL) - Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) Secretariat for the development of the SMARTAfCFTA Portal, for trade promotion within the African continent. The...

August 09, (THEWILL) - The World Bank Group on Tuesday said it is suspending new public financing to Uganda over the country’s enactment of its new Anti-Homosexuality Act. The bank, in a statement on Tuesday, made available to THEWILL,...

August 08, (THEWILL) - The chairman of the Trusted Shareholders’ Association, Mukhtar Mukhtar, has disclosed the reason his members protested at the headquarters of FBN Holdings in Lagos on Monday, August 6. In a telephone chat with THEWILL, Mukhtar said...

Group Managing Director, Afrinvest (West Africa) Limited, Mr Ike Chioke, spoke with journalists on the sidelines of the company’s mid-year investment parley in Lagos. SAM DIALA was there. Excerpts: Your mid-year review is entitled ‘Turning Point’. Can you explain this? It...

Ten major manufacturing firms in Nigeria, mainly in the consumer goods group, reported a total of N517.1 billion in non-recovery, net foreign exchange losses in the first half of the year (HY 2023), arising from the devaluation of the...

August 03, (THEWILL) - Nigeria’s equities market will lose N55.3 billion market capitalisation following GlaxoSmithKline’s (GSK), plan to close its operations in Nigeria after 51 years. The British multinational .pharmaceutical and biotechnology company which commenced operations in Nigeria...