Sam Diala, THEWILL

DFC Commits $280m In Financing For Access Bank, Boosting SMEs in Nigeria

July 26, (THEWILL) – International Development Finance Corporation (DFC) CEO, Scott Nathan, on Monday signed a commitment letter for $280 million in financing for Access Bank Plc in Nigeria alongside Access Bank Managing Director, Roosevelt Ogbonna. The loan will help...

Non-Oil Export: Zenith Bank Showcases Nigeria’s Potential

July 24, (THEWILL) - For the seventh time consecutively, Nigeria’s biggest bank by market capitalisation, Zenith Bank Plc, on Wednesday, July 20, 2022 held its Annual International Trade Seminar on Non-Oil Export, a laudable project that it commenced in...

It’s Official: Nigeria’s Debt Servicing Finally Exceeds Revenue

July 21, (THEWILL) - It is now confirmed that Nigeria’s debt servicing cost exceeds her revenue, thereby setting a dangerous pace for the nation’s fiscal position. The federal government through the Ministry of Finance, Budget and National Planning has said...

Dangote Borrows N187.6bn for Refinery Completion

July 21, (THEWILL) - The founder of Dangote Industries Limited (DIL), Aliko Dangote, has borrowed N187.6 billion from the debt market to fund the firm’s refinery project, as completion continues to drag. Dangote refinery has been struggling to kick off,...

Zenith Bank International Trade Seminar: Stakeholders Identify Non-oil Exports as Panacea for Economic Rejuvenation

July 21, (THEWILL) - Stakeholders unanimously called for support of Nigeria’s Non-Oil Export Sector at the 7th Annual Edition of the Zenith Bank International Trade Seminar themed “Unlocking Opportunities in Nigeria’s Non-Oil Export Business”, which was held on Wednesday,...

CBN Raises Interest Rate to 14% to Tame Surging Inflation

July 19, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR) from 13 percent to 14 percent. The monetary policy rate (MPR) is the baseline interest...

All Set for Zenith Bank’s 7th Annual International Trade Seminar on Non-Oil Export

July 18, (THEWILL) - The 7th Annual Edition of the Zenith Bank International Trade Seminar will be held on Wednesday, July 20, 2022, at the Civic Centre, Victoria Island, Lagos, and virtually by 9.00 am. The seminar, themed “Unlocking...

Seplat: Travails of Indigenous Firm With Uncommon Energy

July 17, (THEWILL) - When Dr A.B.C. Orjiako, the immediate past Chairman of Seplat Energy Plc, addressed the shareholders of the firm at its 9th Annual General Meeting (AGM) on May 18, 2022, he expressed optimism about the company’s...

More Trouble for Flutterwave As Company Shuts Down Virtual Dollar Card Service

July 16, (THEWILL) - Amid raging controversies against it, African financial technology (Fintech) company, Flutterwave has announced plans to shut down usage of its virtual dollar card service, ‘Bartercard’ effective from July 17th, 2022. This may worsen the image-fading challenge...

Emefiele Hints on Monetary Policy Direction for Economic Growth

July 16, (THEWILL) - About a week to the bi-monthly session of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), the CBN Governor, Godwin Emefiele has hinted on the key considerations that would influence the rate-setting...

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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