Sam Diala, THEWILL

Bayelsa, Kogi, Rivers Most Hit by Inflation in April

May 16, (THEWILL) - Bayelsa, Kogi and Rivers – were most battered by inflation among Nigeria’s 36 states, in April, 2023, according to the National Bureau of Statistics (NBS). Analysing price movements under the states, the NBS said Bayelsa, Kogi...

Kenya’s President Appoints Dr. Thugge As 10th Central Bank Governor

May 16, (THEWILL) – Kenya’s President, William Ruto, has appointed Dr Kamau Thugge as the 10th Central Bank Governor of Kenya. Dr Thugge’s appointment comes ahead of the imminent retirement of Dr Patrick Njoroge, the current Central Bank Governor...

NGX Reiterates Commitment to Upholding Market Transparency Rules, Regulations

May 15, (THEWILL) - Nigerian Exchange Limited (NGX) has reiterated its commitment to supporting the enforcement of regulations that enhance transparency in the capital market, by reminding investors to comply with rules on disclosure of substantial holdings in listed...

Nigeria’s April Inflation Rises To 22.2% As Food Prices Soar

May 15, (THEWILL) – Nigeria’s annual inflation rate rose to 22.22 per cent in April from 22.04 per cent in the previous month, the National Bureau of Statistics (NBS) said Monday. The statistics office said the April 2023 inflation rate...

Cadbury Nigeria: FY 2022 Results Mirror Growth That Excites Shareholders

Cadbury Nigeria’s full year in 2022 shows a growth trajectory that would impress the shareholders who have waited long for a return to the good old days. After a stint at the low rungs of corporate stairs, the...

Clash Of The Billionaires: Elumelu Vs Otedola: A Brewing Rivalry

Boardroom politics and takeovers are hardly a standard fare in the arcane business world. Therefore, they arouse public curiosity when the dealings spill into the public domain. This scenario played out in the case of two powerful Nigerian business...

Nigeria Enrols 3m Girls In Secondary Schools Through AGILE Project

May 11, (THEWILL) – The federal government has enrolled three million girls in secondary schools across the country through the Adolescent Girls Initiative For Learning and Empowerment (AGILE) programme. The National Project Coordinator of AGILE, Amina Haruna, disclosed this in...

Otedola Offloads 2.8m Geregu Power Shares

May 11, (THEWILL) – The chairman of Geregu Power Plc, Femi Otedola, has sold 2.8 million units of his shares in the power generation company, where he is holding the majority stake. According to data from the Nigerian Exchange, Otedola...

Immigration Boss Blames CBN For Scarcity Of Passport Booklets

May 11, (THEWILL) – The Nigeria Immigration Service (NIS) has blamed the Central Bank of Nigeria (CBN) for the scarcity of international passport booklets in the country. The Comptroller-General (C-G) of NIS, Idris Jere, complained that the foreign exchange (forex)...

China’s Trade Surplus Soars To $90.21bn In April

May 11, (THEWILL) – China’s trade surplus rose to $90.21 billion in April, according to data by CNY News published Tuesday. The news outlet, which also publishes the USD/CNY exchange rate, stated that the rise in China’s trade figures...

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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