The impact of severe flood and massive oil theft that put Nigeria on the spotlight of economic devastation last year, contributed to the poor Gross Domestic Product (GDP) for 2022. The National Bureau of Statistics (NBS) in its 2022...
March 03, (THEWILL) - Transcorp Hotels Plc, a leading hospitality brand, has reported its financial results for the full year 2022.
The Group reported a profit before tax (PBT) of N4.5 billion, a 172 percent increase year-on-year, having...
March 02, (THEWILL) - Zenith Bank Plc on Thursday, announced the retirement of Dr Adaora Umeoji, as Deputy Managing Director, following the expiration of her tenure in office, in line with the new Central Bank of Nigeria tenure rule.
The...
March 01, (THEWILL) - Following anticipatory approval by the Central Bank of Nigeria (CBN), Nigeria’s largest bank by market capitalisation, Zenith Bank Plc, is set to unveil its new status as a financial holding company (HoldCo) with founder...
A number of Nigerian universities have appointed the immediate past Minister of State Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, as a visiting Professor of Law. These include the University of Benin, Benin-City; Baze University, Abuja; Afe Babalola University, Ado-Ekiti,...
Nigeria’s equity market gained N2.02trn, year-to-date, at the close of trading on February 24, 2023, the eighth week of trading in the year.
Market capitalisation which opened with 29.93 trillion on January 4, closed N27.91 trillion on February 24, representing...
Indigenous ship-owners in Nigeria are set to receive the first disbursement of the Cabotage Vessels Finance Fund (CVFF) from Primary Lending Institutions (PLIs) expected kick off in March 2023.
The PLIs United Bank of Africa (UBA), Zenith Bank, Union Bank,...
There was excitement in Ogun State on Friday as the state recorded a remarkable feat, with the first commercial flight landing at the Gateway Agro Cargo International Airport along Iperu-Ilishan road in Ikenne Local Government Area of the State....
Shareholders of Nigeria’s quoted companies and industry experts have reacted to the recent policy by the Central Bank of Nigeria (CBN) on a new tenure limit for banks’ executive management and non-executive directors which unseat prominent industry players.
The apex...
February 26, THEWILL) - Chief Executive Officers of Holding Companies (HoldCos) are not affected by the new tenure guidelines announced by the Central Bank of Nigeria (CBN) on Friday, the regulator said on Sunday in reaction to a report...
