Sam Diala, THEWILL

Economic Crunch: Prof Nnaji Directs Aba Power to Allow Consumers Stagger Meter Payment

The chairman of Aba Power Ltd, Professor Bart Nnaji, has directed the company to allow electricity consumers who want to stagger their payment for prepaid meters to do so with immediate effect. This fact was made known this morning by...

NCDMB Boss Lists Strategies For Local Content Regional Collaboration

Signs Agreement With Senegal Amid global concerns over energy security and a regional resolve on collaboration to deepen local content, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has proposed strategies that would...

Naira Crisis: Huge Boost to Financial Inclusion as Nigerians Besiege e-Payment Channels

Many Nigerians, including business entities, are increasingly embracing the use of electronic payment platforms amid cash-in-hand challenges in the implementation of the currency re-design policy of the Federal Government. As commercial banks run out of cash and Automated Teller Machines...

Amid Naira Scarcity, CBN Unveils Portal to Deposit Old Notes

February 16, (THEWILL) - The Central Bank of Nigeria (CBN) has created a portal for bank customers to deposit their old naira notes amid scarcity of new naira notes. In a notice posted on its website titled ‘Redemption of Currency’,...

Naira Crisis: More Lagos Residents Embrace Cashless Transactions – Investigation

February 15, (THEWILL) - A survey conducted by this newspaper between February 10 and 14, 2023 revealed that more residents of Lagos, Nigeria’s commercial capital, have embraced alternative payment platforms as the scarcity of Naira notes bite harder. ...

We Need People-Centered Approach to Trade and Security in Africa – Ford Foundation West Africa Regional Director

February 14, (THEWILL) - The West Africa Regional Director for Ford Foundation, Dr. ChiChi Aniagolu-Okoye has called for a people-centered approach in dealing with security and trade issues on the African continent. “Regional entities must use a...

Naira Crisis: CBN Unveils Phone Numbers to Report Errant PoS Agents Exploiting the Public

February 14, (THEWILL) - The Central Bank of Nigeria (CBN) has released telephone numbers through which members of the public could report errant PoS agents exploiting the public by selling new naira notes, or charging above N200 naira for...

Bank Directors Intervene In Naira Notes Scarcity

Directors of banks, under the auspices of the Bank Directors Association of Nigeria (BDAN) said, it working to free up the bottlenecks that led to the unavailability of Naira notes in the country, while empathising with bank customers who...

DMO Reopens Four Bonds Estimated at N360bn For Auction

The Debt Management Office (DMO) has listed four bonds valued at N360 billion for auction. Announcing the bond auction on behalf of the Federal Government, the DMO listed the first offer as a February 2028 FGN bond, valued at N90...

Investment Experts Express Confidence in Nigeria’s Equities Market Despite Election Outcomes

Head of Investment Research, Parthian Securities, Oluwaseun Dosunmu has expressed confidence in the Nigerian equities market notwithstanding the uncertainties surrounding the 2023 elections. According to him, the equities market dominated by domestic investors would remain resilient this year despite 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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