Sam Diala, THEWILL

State Of States: Oyo State

January 31, (THEWILL) - Oyo State in southwestern Nigeria was created on February 3, 1976 from the former Western State. Ibadan, the state capital is the largest indigenous city in Africa, south of the Sahara.  Oyo State is bordered to...

2023 General Election Will Increase Foreign Portfolio Outflows – Olubi

January 30, (THEWILL) - The Managing Director, Morgan Capital Securities Limited and an economic analyst, Mr Rotimi Olubi, has said that the 2023 general election will increase foreign portfolio outflows and cause investors to remain on the sidelines. Olubi said...

Anambra Airport: Air Peace, United Nigeria Passengers Pay N120m Taxes 

January 30, (THEWILL) - Passengers of two major air transport companies, Air Peace Airline and United Nigeria Airline paid a total of not less than N120 million tax and charges in using the new Anambra Airport in one month....

CBN Retains Monetary Policy Rate At 11.5%

January 25, (THEWILL) - The monetary policy committee of the Central Bank of Nigeria (CBN), has voted to retain the monetary policy rate (MPR), which measures interest rate at 11.5 percent. The monetary policy rate is the baseline interest rate in...

Economy: Budget Padding Hits N3trn in 6 Years  

January 23, (THEWILL) - The National Assembly inflated Nigeria’s annual budgets with a total of over N3 trillion within six years (2017-2022), thereby distorting the economic growth and objectives the budgets were originally intended to achieve. The jerking up...

State Of State: Kaduna State

January 16, (THEWILL) - Kaduna State was created in 1967 with Kaduna as the capital and major city.  It used to be called the North-Central State.  It is located in north-western Nigeria and bordered by Zamfara, Katsina and Kano States to...

State of the States: Nasarawa State

January 16, (THEWILL) - There are concerns that Nigeria’s worsening revenue challenge may escalate into a financial implosion, with the 36 states and the Federal Capital Territory (sub-nationals), being the worst hit. The situation is aggravated by the nation’s...

UBA, Ecobank Among Topmost Investment Channels in Q3 2021

January 16, (THEWILL) - United Bank for Africa Plc (UBA) and Ecobank Nigeria Plc were among the topmost financial institutions through which foreign investments totaling $1.73 billion were channeled into the Nigerian economy in the third quarter of 2021...

2022 Budget: Doubts Over Capacity to Lift Economy

January 09, (THEWILL) - President Muhammadu Buhari on December 31, 2021 signed into law the 2022 budget of N17.12 trillion passed by the National Assembly. The lawmakers had jerked up the budget by N731 billion from the N16.39 trillion originally...

CBN’s Intervention In Best Interest Of Stakeholders – FirstBank MD/CEO

January 05, (THEWILL) - The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr Adesola Adeduntan, has said that the intervention of the Central Bank of Nigeria (CBN) in FirstBank is in the best interest of the bank’s stakeholders...

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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