Sam Diala, THEWILL

Naira not Devalued – CBN

June 01, (THEWILL) - The Central Bank of Nigeria (CBN) has debunked reports that it has devalued the Naira. A news outlet has reported that the CBN had devalued the naira to N631 to the dollar from N461.6, adding that...

Access Bank Launches French Desk to Strengthen Nigeria, France Economic Ties

June 01, (THEWILL) - Following the opening in Paris earlier this month of the first subsidiary of Access Bank Plc in the European Union, the Bank has launched the Access Bank French Business Desk to strengthen business relationships between...

Sustained Demand for MTN, Buafoods, Geregu Boosts Equities Market, as Investors Gain N17bn

May 31, (THEWILL) – Nigeria’s equities market recorded a marginal gain of N17 billion Wednesday to close trading for the month of May. Market capitalization hit N30.366 trillion as against N30.349 trillion in the previous day’s transaction. Closing the month,...

UPDATED: NNPC Officially Increases Fuel Price From N189 to N488/N557 Per Litre

May 31, (THEWILL) - The Nigeria National Petroleum Company (NNPC) Limited, on Wednesday, adjusted its retail prices for premium motor spirit (PMS) from N189 per litre to a new price ranging between N488 to N557 per litre. A new table...

Zenith Bank Wins ‘Best Corporate Governance Financial Services’ in Africa Award for the Fourth Consecutive Time

May 31, (THEWILL) - For the fourth consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom. The award, which was published in the Spring 2023 edition...

Two Weeks To Tenure-end, Senate Approves N1.4trn NDDC Budget

May 31, (THEWILL) - Two weeks to the end of its session on June 11, the Senate on Tuesday approved over N1.4 trillion for the 2021 and 2022 budgets of the Niger Delta Development Commission (NDDC). Specifically, the total amount...

NASCON Gets Substantive MD, Appoints Dangote’s Daughter as Director

MAY 31, (THEWILL) - NASCON Allied Industries Plc, makers of Dangote Salt and Seasoning, has confirmed the appointment of Thabo Mabe as its substantive managing director, the company said Tuesday. The board of directors of the salt manufacturer disclosed in...

Equities Market Records All Time High as Investors in MTN, Dangote, Transcorp, Others Gain N1.5trn

May 31, (THEWILL) - Nigeria Equities Market recorded an unusually bullish trend at the close of trading on Tuesday, May 30, after the public holiday to mark the inauguration of the Bola Ahmed Tinubu administration on Monday, May 29. In...

Fuel Scarcity: Consumer Protection Agency Wades In To Avert Exploitation

May 30, (THEWILL) – The Federal Competition and Consumer Protection Commission on Tuesday said it will ensure that filling stations sell petroleum products in compliance with the law to prevent hardship on Nigerians. The commission made this known Tuesday...

Tinubu Unveils Steps To Halt Economic Decline

May 29, (THEWILL) - President Ahmed Tinubu has unveiled steps to halt Nigeria’s declining economy characterised by poverty, unemployment, high inflation rate and dwindling investment inflow. Tinubu disclosed this during his inauguration speech in Abuja on Monday, May 29,...

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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