Sam Diala, THEWILL

Afrinvest Guides Investors On Opportunities in Post-Reform Economy

July 19, (THEWILL) - Afrinvest West Africa Limited has provided intelligent guidance to domestic investors on opportunities available in this period of massive reforms across key sectors of the economy. At the company's mid-year investment parley held on Tuesday...

Equity Investors Lose N5bn As Naira Plunges 6.9% to N793.70/$

July 19, (THEWILL) - Today, the domestic bourse slipped on Wednesday as the benchmark index closed 0.01% weaker to settle at 63,757.23 points. Market capitalisation lost 5 billion to close at N34.71 trillion against N34.72 on the previous trading. ...

Coronation Insurance: Court Orders Shareholders Meeting On Planned Delisting From NGX

July 19, (THEWILL) - The Federal High Court holden at Lagos has ordered a shareholders’ meeting for Coronation Insurance Plc as they consider delisting from NGX. This was contained in the company’s notice to the Nigerian Exchange Limited (NGX). Excerpts from...

Foreign Transfer Remittances: Access Bank Warns Customers Against Unregistered Payment Services

July 19, (THEWILL) - Nigeria’s largest deposit money bank by assets, Access Bank, has said it will not receive remittances made through unregistered payment services. In a note to its customers Wednesday, the Tier-I bank noted that while it would...

Otedola’s Honeywell: Lagos Court Slams Ecobank With ₦‎72.2bn Damages

July 19, (THEWILL) - The Federal High Court in Lagos on Tuesday, July 8, 2023 slammed a N72 billion damages against Ecobank Nigeria in a matter that has been at the centre of business discussions in recent times. THEWILL recalls...

Naira Depreciation: Lagos Residents Bemoan 30% Petrol Price Hike

July 18, (THEWILL) - Lagos residents are bemoaning the second increase in petrol pump price unveiled Tuesday by the Nigerian National Petroleum Company Limited (NNPC Ltd), which caught them unawares. The NNPC retail outlets on Tuesday increased pump price of...

Equities Market Rebounds With N204bn Gain Amid Slight Appreciation in Naira to N795.28/$

July 17, (THEWILL) - The local bourse opened the week Monday, rebounding by 0.60% to settle at 62,943.35 points, against 62.569.73 points on Friday. Market capitalisation rose by N204 billion to close at N34.27 trillion from N34.06 trillion in...

Capital Importation: Investors Shun Heritage, Polaris, Keystone As Wema, Unity Banks Rank Low

Investment inflow to the Nigerian economy in the first quarter of this year (Q1 2023) eluded three mainstream deposit money banks (DMBs). According to the National Bureau of Statistics (NBS), no capital was channeled through these DMBs during the...

CBN Revises Tenure Limits for Bank Executives to a Maximum of 24 Years

July 14, (THEWILL) - The Central Bank of Nigeria has revised the tenure of executive directors (ED). Deputy managing directors (DMD), and managing directors (MDs) of Banks and Bank Holding companies. This confirms the policy shift reported by THEWILL on...

Naira Gains at N746.38/$ As Equities Market Loses N707bn

July 13, (THEWILL) - The Naira witnessed an upward momentum on Thursday, gaining 4.7% against the dollar on the I&E window to close at N746.28/$ against N782.49/$ on the previous trading day. Check by THEWILL showed that the parallel market...

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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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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