Sam Diala, THEWILL

IOCs Plotting For Our Oil Refinery To Fail – Dangote

June 24, (THEWILL) - The Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals. Edwin said...

Benedict Peters’ Continental Outlook Brightens on Aiteo’s N471bn HY Earnings, Bravura’s Mining Rights

June 23, (THEWILL) - The audacious launch by Aiteo Group and Bravura, two entities founded by Nigerian-born African billionaire and oilman, Benedict Peters, into Zimbabwe, Mozambique and the Congo and the impressive half year numbers of the former, Nigeria’s indigenous...

Halilu Underscores NASENI’s Commitment To Advancing Technological Infrastructure, Innovation In Nigeria

June 20, (THEWILL) - The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr Khalil Suleiman Halilu, has conducted an inspection visit to the Advanced Manufacturing Technology Development Institute (AMTDI), an institute under...

UPDATE: Otedola Bounces Back As FBNH Majority Shareholder, Increases Stake To 9.41%

June 20, (THEWILL) - Billionaire businessman, Femi Otedola, has regained his position as majority stakeholder in FBN Holdings Plc. According to a filing at the Nigerian Exchange (NGX) on Thursday, Otedola directly acquired 316,506,776 shares at a share price of...

GTCO Targets July For N500bn Capital Raise

June 17, (THEWILL)- The Guaranty Trust Holding Company Plc says it has concluded plans to raise about N500bn starting in July. This was disclosed in a notice of its preliminary prospectus filed with the Securities and Exchange Commission. According to the...

Devaluation: Agric Exports Surge by 270.3% to N1trn in Q1, 2024

June 17, (THEWILL)- The value of Nigeria’s exported agricultural products rose significantly in the first quarter of the year (Q1, 2024) by 270.3%  to N1.03 trillion, compared with N279.64 billion recorded in Q1 2023, on the back of over 200%...

Electronic Money Transfer Revenue Drops 17.6% to N49.54bn in Q1 2024

June 16, (THEWILL)- The revenue accruing to the Federation Accounts Allocation Committee (FAAC)  via the Electronic Money Transfer Levy (EMTL)  dropped by 17.6 percent from N57.69 billion in Q1 2023 to N49.54 billion in Q3 2024. This is based on data...

Mixed Reactions Trail Heritage Bank Liquidation

It was in bad faith – Legal Expert It’s Response to Corporate Governance Rascality - Analysts June 16, (THEWILL)- Some stakeholders and industry experts have expressed different views on the controversy trailing the liquidation of Heritage Bank Limited, after...

Monetary Policy Tightening May Not Control Nigeria’s Inflation – World Bank

June 14, (THEWILL)- The World Bank has stated that monetary policy tightening by the Central Bank of Nigeria (CBN), may not rein in inflation as anticipated by analysts. In its recent report titled, “Global Economic Prospects” on the outlook for...

APRA Commiserates With PR Society, Govt Of Malawi

June 14, (THEWILL)- The African Public Relations Association (APRA) has expressed heartfelt condolences to the Public Relations Society of Malawi (PRSM), an institutional member of APRA), the government and citizens of the Republic of Malawi over the tragic plane...

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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