Sam Diala, THEWILL

Nigeria Air: Tragedy of N85bn Rot Buhari Left Behind

Former President Muhammadu Buhari left office on May 29, 2023, after eight years in office, without establishing the national carrier, which he had promised when he was first sworn-in in 2015. However, over N85 billion was blown on the...

Lagos Partners Dubai World Trade Centre to Empower Nigerian Startups

June 03, (THEWILL) - In a remarkable demonstration of its commitment to fostering innovation and entrepreneurship, the Lagos State Government in partnership with the Dubai World Trade Centre has proudly sponsored 25 exceptional startups to participate at Gitex Africa...

Fuel Subsidy: NUJ to Embark on Nationwide Strike, Protest on June 7

June 03, (THEWILL) - The Nigeria Union of Journalists (NUJ) on Saturday said it would embark on a nationwide protest from next Wednesday, June 7, if the Nigerian National Petroleum Company Limited (NNPCL) refuses to reverse the new price...

Ajay Banga Assumes Duties as 14th President of World Bank Group

June 03, (THEWILL) - Ajay Banga has assumed duties in his five-year term as World Bank Group President effective June 2, 2023. A statement by the World Bank Group Saturday said Ajay Banga most recently served as Vice Chairman at...

Heirs Insurance, Changes Name, Appoints Fayemi As New MD

June 03, (THEWILL) - Heirs Insurance Ltd., says it has changed its name to Heirs General Insurance (HGI). The organisation said its subsidiaries, Heirs Insurance Ltd. (HIL) and Heirs Life Assurance (HLA) also made appointments to some of their senior...

AbdulMumin Confirmed CBN’s Substantive Spokesman

June 03, (THEWILL) - Dr Isa AbdulMumin has been confirmed as the substantive director, Corporate Communications of the Central Bank of Nigeria (CBN). AbdulMumin was in February appointed the acting director of the department, taking over from Mr Osita Nwanisobi,...

Nigerian Banks Demand Tax Clearance Certificate On FX Transactions

June 01, (THEWILL) – Nigerian banks have begun implementing a new regulation that requires customers to present a valid Tax Clearance Certificate (TCC) for foreign exchange transactions. The move complies with new regulations by the federal and state...

Nigerian Breweries Considering Acquisition of Distell Wines & Spirits Nigeria

June 01, (THEWILL) - Nigerian Breweries Plc will decide in the weeks ahead whether to acquire the controlling stake in the local unit of Stellenbosch-based Distell International Limited after an offer from Heineken Beverages Limited South Africa, the company...

Subsidy Removal: Dangote Refinery Could Become Dictator Over Price – NLC President

June 01, (THEWILL) - The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has expressed concern that the recently inaugurated Dangote Petroleum Refinery could become a price dictator and might not lead to a drop in the price...

Nigeria’s Tax-to-GDP Ratio Rose to 10.86% in 2021 — FIRS

June 02, (THEWILL) - The Federal Inland Revenue Service (FIRS) has disclosed that Nigeria’s Tax-to-GDP ratio which, in the previous 12 years, hovered between 5 to 6 percent, rose to 10.86 percent by the end of 2021. It said the...

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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