Sam Diala, THEWILL

State of the States: Bauchi State

November 07, (THEWILL) - Bauchi State was created in February 1976 from the former North Eastern State. Its capital is Bauchi. Located in the North-Eastern part of the Nigeria, it is bounded by Kano and Jigawa to the north, Yobe...

Equity Market Records Mixed Performance

November 07, (THEWILL) - A total turnover of 1.428 billion shares worth N12.373 billion in 23,987 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 3.001 billion shares valued at...

eNaira App Throws 40m Adult Nigerians Off Scheme

November 07, (THEWILL) - Notwithstanding the massive response to the recently unveiled Central Bank Digital Currency (CBDC), eNaira, which about 367,000 consumer wallets and over 58,600 merchant wallets have been downloaded in the first week, findings have shown that about...

AMCON Debt: FCMB, Wema Bank Others Freeze  Benue Govt Accounts

November 03, (THEWILL) - Four deposit money banks - First City Monument Bank Plc, (FCMB)  and Wema Bank - have complied with the court order to freeze all accounts of  the Benue state government over indebtedness to the Asset...

Nigerian Banks Closed 234 Branches, 649 ATMs In 2020 — IMF

November 02, (THEWILL) - The International Monetary Fund (IMF) has said that Nigerian banks closed 234 branches and 649 Automated Teller Machines (ATMs) in 2020. This led to a decline in the country’s Financial Access Score (FAS) to 4.44 in...

Scramble Abates as FBNH Stocks Remain Investors’ Toast

November 02, (THEWILL) - The scramble for FBNH shares which upstaged the equity market in  recent weeks abated Monday with the price of the Tier-1 financial services Group closing at N10.75 per share on the first trading day of...

CBN Unveils Criteria for ‘100-for-100 PPP’

November 01, (THEWILL) - Exactly six days after it launched Nigeria’s digital currency, eNaira, the Central Bank of Nigeria (CBN) on Monday unveiled the selection criteria for private sector companies to participate in its new financial instrument tagged, “The...

Airtel Africa Records $335m PAT In H1 21

November 01, (THEWILL) - Airtel Africa plc has recorded Profit After Tax (PAT) more than doubled to $335m, in its results for half year ended 30 September 2021. The figure, according to the company, is largely due to higher profit...

Guinness Nigeria Reports 58% Revenue Increase In Q1 F22

November 01, (THEWILL) - Guinness Nigeria, a subsidiary of Diageo Plc, and a leading total beverage alcohol company in Nigeria has posted a revenue of N47.46 billion for its first quarter period ended 30 September 2021. The unaudited results, which...

Over 128m Bank Accounts Secured Amid Digital Disruptions – NDIC

October 31, (THEWILL) - The emerging digital disruptions in the global financial ecosystem pose no threat to the over 128 million bank accounts in Nigeria, the Nigeria Deposit Insurance Corporation (NDIC) has said. According to the Corporation, the accounts in...

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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