Sam Diala, THEWILL

Broadband Penetration Hits 44.5% As NCC Reviews Short Code Services

August 09, (THEWILL) - Nigeria’s broadband usage has continued on the rise, moving up from 40.9 per cent in February 2022 to 44.5 per cent in July 2022, a figure considered hopeful for achieving the national broadband target of...

Emefiele: Battling Forex Crisis of Non-producing Economy

August 07, (THEWILL) - The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has been in the eye of the storm over the worsening depreciation of the naira. The local currency, which has been on a...

OPEC Increases Nigeria’s Oil Quota to 1.830m BPD

August 03, (THEWILL) - The Organization of Petroleum Exporting Countries, OPEC, and its allies, have increased Nigeria’s oil quota to 1.830 million barrels per day, mb/d in September 2022, from 1.826 mb/d in August 2022. This was part of actions,...

Ex-Seplat CEO, Austin Avuru, Suspends Retirement Dinner Over Court Order

July 31, (THEWILL) - The founding, immediate past Chief Executive Officer, CEO, of Seplat Energy Plc, Mr Austin Avuru, has called off the planned retirement dinner which was to feature the unveiling of his books. The development followed an order...

Keystone Bank, BOI to Bear Brunt of Imo Govt, Innoson Motors Legal Tussle Over Unpaid Debt

July 31, (THEWILL) - Keystone Bank Ltd and Bank of Industry are both at the receiving end of the Imo State Government’s failure to redeem its debt of N2.5 billion owed to Innoson Vehicle Manufacturing (IVM), an indigenous vehicle...

Uzoka: Six Years of Efficient Leadership @ UBA

July 31, (THEWILL) – Mr Kennedy Uzoka is six years this week, August 1, 2022, on the exalted position of Group Managing Director/Chief Executive Officer (GMD/CEO) of Africa’s Global Bank, United Bank for Africa (UBA) Plc. When the Chairman of...

Unilever Nigeria Posts 996% Decline in Q2 2022 Profit

July 31, (THEWILL) – Unilever Nigeria Plc recorded a profit after tax (PAT) decline of 996.4 percent in its second quarter (April – June) 2022 operations as shown in its interim half-year report submitted to The Exchange and posted...

New NNPC: Clean Break From The Past?

July 31, (THEWILL) – Politics is in the air and Nigerians are currently swayed by the ongoing electoral processes leading to the 2023 general elections. How far their focus on politics matters would go in the next few months...

Court Restrains Former Seplat Energy CEO, Austin Avuru, From Launching His Books

July 27, (THEWILL) – A former chief executive of Seplat Energy, Mr Austin Avuru, has been restrained by the Federal Capital Territory High Court in Bwari, Abuja from releasing his books to members of the public. This followed action brought...

Uwaleke, Former Commissioner Forecasts Nigerian Investment Climate in Next Six Months

July 27, (THEWILL) – A former Commissioner for Finance in Imo State and currently Professor of Capital Market at the Nasarawa State University Keffi, Uche Uwaleke has given insight into what to expect in the fixed income and equities...

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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