Sam Diala, THEWILL

South-East Region Pays More For Kerosene in December 2022

The National Bureau of Statistics (NBS) has said that residents based in the South-East region paid the highest kerosene costs in December 2022. This is contained in the NBS National Household Kerosene Price Watch report, which disclosed that South-Eastern Nigerians...

Equities Market Closes Positive

At the end of the last weekday of trading on the Nigerian Stock Exchange (NGX), a total of 171,109,870 shares in 3,599 deals, corresponding to a market value of NGN 2,343,568,438.20, were traded. Compared with the previous NGX trading...

Global Recession: Telecom to Hedge Nigeria Against Shocks

There are indications that the telecommunications (telecom) sub-sector would shield Nigeria from the likely effects of impending global recession – a phenomenon the World Bank and the International Monetary Fund (IMF) predict would bash emerging and developing economies in...

Nigeria Records 222m Active Telephone Lines in 2022

Nigeria recorded 222.2 million active telephone lines as of the end of 2022, data from the website of the Nigerian Communications Commission (NCC) have revealed. Subscription Statistics released by the NCC as of December 2022, showed that connected telephone lines...

IPMAN Leader Speaks on Fuel Scarcity

The Independent Petroleum Marketers Association of Nigeria (IPMAN) disclosed Friday that the volume of products supplied to marketers at the loading points has dropped by about 50 per cent. IPMAN deputy president, Zarma Mustapha, disclosed this while speaking on...

MPC to Favour Slight Rate Hike – Analysts

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its first meeting of 2023 on the 23rd and 24th of January. Many analysts believe that the Committee remains faced with either...

Google Confirms Suspending 5.6m Advertiser Accounts in Nigeria, Others

Global Tech giant, Google, has disclosed that it removed over 3.4 billion ads, restricted over 5.7 billion, and suspended over 5.6 million advertiser accounts in Nigeria and other parts of the world in 2021. In a statement titled “Google Commits...

SAHCO Seeks Duty Waiver For Ground Handling Operators

The Managing Director, Skyway Aviation Handling Company (SAHCO) Plc, Mr Basil Agboarumi, has called on the Federal Government to grant duty waiver on operational equipment for ground handling companies operating in the nation’s airports. Agboarumi said this in a chat...

NCC Set to Tackle Fake Lottery, Gaming Activities

The Nigerian Communications Commission, NCC, Wednesday in Abuja, signed a revised Memorandum of Understanding with the National Lottery Regulatory Commission, NLRC, with provisions to deter unapproved lottery and gaming practices on telecommunications platforms through information and intelligence sharing. Executive Vice...

‘FG Must Borrow Innovatively to Tame Inflation’

The Managing Director/Chief Economist at Analysts Data Service and Resources Limited, Dr Afolabi Olowookere, has said that the Federal Government needs to revive and concentrate on production, review its trade- industrial policy and borrow innovatively for Nigeria to...

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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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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