Sam Diala, THEWILL

Tony Elumelu Foundation, UNCDF Sign African Youth Entrepreneurship Agreement

September 20, (THEWILL) – The Tony Elumelu Foundation and the UN Capital Development Fund (UNCDF) today signed an agreement to support youth entrepreneurship in Africa, with a specific focus on historically underinvested areas within African frontier markets. In bringing together the...

We Are Driving Non-Oil Export With Speed – UBA

September 20, (THEWILL) – Africa’s Global Bank, United Bank for Africa (UBA) Plc, has said it is driving Nigeria’s non-oil export scheme with speed as a mark of its commitment to the country’s diversification initiative. The bank has also explained that...

RT200 FX: Export Remittances Have Improved Significantly – CBN

September 20, (THEWILL) – The introduction of the “Race to $200 billion in FX Repatriation” (RT200 FX) by the Central Bank of Nigeria (CBN) has spurred significant improvement in the country’s export remittances, the apex bank has revealed. The Principal...

SEC Reiterates Commitment to Commodities Ecosystem Development

September 18, (THEWILL) – The Securities and Exchange Commission (SEC) has reiterated its commitment to developing the commodities ecosystem in Nigeria to boost its non-oil sector. The Director-General of SEC, Lamido Yuguda, stated this at the 2022 annual conference of the...

Despite Forex Restrictions, Palm Oil Importation Gulps N28.16bn in 6 Months

Nigeria imported palm oil to the tune of N28.16 billion in the first six months of 2022, as the value of agricultural commodities shipped into the country maintained an upward trend. Palm oil falls under the nation’s foreign exchange...

Access Holdings Gross Earnings Surge by 31% to N592bn

September 15, (THEWILL) – Access Holdings Plc has released its half-year 2022 financial result posting gross earnings of N591.803 billion for its 2022 half-year results, representing a growth of 31.42 percent year-on-year. In its unaudited half-year financials submitted to the...

We Are Well-Positioned to Meet Africa’s Banking Needs – UBA CEO

September 15, (THEWILL) – The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, has said that the bank’s consistent investment in strengthening its digital channels have been paying off as UBA is well-positioned to...

Ecobank Group Appoints New CEO as Nigeria’s Ade Ayeyemi Retires

September 12, (THEWILL) – Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, on Monday announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with...

Financial Inclusion: Globacom’s Payment Service Bank Seen Boosting MSME Ecosystem

Nigeria stands a better chance of actualising its 2024 financial inclusion target and boosting the micro, small and medium enterprises (MSMEs) ecosystem, as Globacom’s Money Master joins the emerging league of payment service bank (PSB) providers in days ahead. In...

Banks’ Borrowings from CBN Hit N737.05bn in May 2022

September 08, (THEWILL) – Nigerian banks’ borrowings from the Central Bank of Nigeria (CBN’s) Standing Lending Facility (SLF) increased to N737.05 billion in May 2022 from N612.43 billion in the previous month, according to the CBN latest monthly economic...

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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