Sam Diala, THEWILL

Naira Depreciation to Worsen Under CBN, EFCC’s Combat Postures

May 26, (THEWILL)- The Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) have stepped up their fight against the perceived ‘enemies’ of the naira who are seemingly responsible for the continued depreciation of the...

Equities Index Slumps 0.11% in Week Ended May 17

May 21, (THEWILL)- The NGX All-Share Index and Market Capitalization depreciated by 0.11% and 0.10% to close at 98,125.73 and N55.508 trillion respectively last week A total turnover of 1.652 billion shares worth N42.677 billion in 38,123 deals was traded...

Nigeria-US Transport Agreement Takes Off To Strengthen Air Travel

May 21, (THEWILL)- The Nigerian Aviation sector gained further ground during the week as the country’s Open Skies Air Transport agreement with the United States entered into force on Monday (today).. THWEWILL recalls that th Office of the Press Secretary...

Massive Devaluation, Inflation Surge Drain N1.2tr FAAC Allocation

May 21, (THEWILL)- The Federation Accounts Allocation Committee (FAAC) distributed N1.208 trillion in revenue to the Federal Government, States, and Local Government Councils for May 2024 from April revenue. On a month-by-month basis, this figure represents an increase  of N191...

CBN Withdraws Cybersecurity Levy Circular

May 20, (THEWILL)- Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions. The decision of the apex bank to withdraw the circular followed the public outrage that...

Devaluation, Corruption, Inefficiency Behind High Cost of Ports Operations

May 19, (THEWILL)- The high cost of goods and services as well as the increase in operating expenses experienced by businesses in Nigeria are, directly or indirectly, linked to the high cost of doing business in the country’s ports. Findings...

NMDPRA Accused of Awarding Depot Construction to Non-existent Company

May 19, (THEWILL)- Two civil society organisations, Divine Era Development and Social Rights Initiative (DEDASRI) and Media Advocacy West Africa (MAWA-Foundation), have accused the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of allegedly awarding the construction of an...

NCC Suspends Issuance Of Operational Licences To Communications Firms

May 17, (THEWILL)- The Nigerian Communications Commission (NCC) has announced the suspension of the issuance of communication licences in three categories including Mobile Virtual Network Operator (MVNO), Interconnect Exchange, and Value Added Service Aggregator. The Commission announced this in a...

Zenith Bank Notifies Customers On Identity Card Expiration

May 15, (THEWILL)- In a bid to update customers’ records in its database and ensure seamless operations, Zenith Bank Plc has commenced moves to eliminate expired identification modes. The most affected are the driver’s licence and international passports, which have...

Halilu Tasks NASENI Finance Managers On Effective Resource Management

May 15, (THEWILL)- The Executive Vice Chairman and Chief Executive Officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, has underscored the importance of effective resource management, emphasising the Agency's responsibility in administering public...

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.
1785 POSTS
0 COMMENTS
- Advertisement -spot_img

Latest News

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.
- Advertisement -spot_img
THEWILL APP ADS 2