Sam Diala, THEWILL

Return Seized Food Items to Owners, Tinubu Directs Nigerian Customs

March 10, (THEWILL)- President Bola Tinubu has directed the Nigeria Customs Service (NCS) to return food items that were confiscated at border communities to their owners on the condition that they would be sold in the Nigerian markets to...

Agency to Introduce E-vehicles in Nigeria’s North-East

March 10, (THEWILL)- The North East Development Commission (NEDC) has announced plans to introduce electric vehicles to ease challenges associated with intra and inter-state transportation in the region. The chairperson of the reconstituted governing board of NEDC, Paul Tarfa, a...

NASENI to Raise Number of Female Engineers in Nigeria Over Next 5 Years

March 10, (THEWILL)- The Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu said the Agency would double the number of female Engineers in Nigeria over the next...

Transcorp Power’s Valuation Climbs to N1.98trn After NGX Listing

March 10, (THEWILL)- Transcorp Power PLC, the power generation spinoff of Transnational Corporation of Nigeria (Transcorp), advanced 10 per cent in market value on its debut in Lagos last week. The company’s shares closed at a cumulative value of N1.98...

Manufacturing Sector Records 767 Business Closures, Unsold N350bn Goods in 2023

March 10, (THEWILL)- The Manufacturing Association of Nigeria (MAN) has revealed a disturbing trend within its sector arising from the current economic crisis. The group, in a recent report said about 767 manufacturing companies shut down operations while 335 experienced...

CBN’s Multi-Trillion Naira Intervention Projects in Limbo

March 10, (THEWILL)- Going by available data, over N5 trillion intervention projects birthed by the Central Bank of Nigeria (CBN), through its development finance department, are now in limbo. This followed the policy shift by the new leadership of...

CBN Reports Upsurge In Dollar Inflow as Remittances Quadruple, Foreign Investors’ Return

March 08, (THEWILL)- The Central Bank of Nigeria (CBN) reportmed a significant increase in foreign exchange inflow into the economy in February 2024, with marked increments in remittance payments by Nigerians overseas and purchases of naira assets by foreign...

FAAN Announces Plans to Relocate Businesses in Port Harcourt Airport

March 07, (THEWILL)- The Federal Airports Authority of Nigeria (FAAN)  has notified all affected businesses in the Port Harcourt International Airport about its planned relocation of their operations. The management of the Port Harcourt International Airport, on its part, disclosed...

SEC to Issue New Anti-money Laundering Regulations for Digital Assets Operators

March 07, (THEWILL)- The Securities and Exchange Commission (SEC) says it has developed new guidelines for licensing, registration and screening of digital and virtual assets service providers (VASPs). The SEC in a statement said the new measures would ensure that...

CBN Mandates Microfinance, Mortgage Banks, DFIs to Submit Monthly Financial Returns

March 07, (THEWILL)- The Central Bank of Nigeria (CBN) has mandated Microfinance banks, Primary Mortgage Banks (PMBs) and Development Financial Institutions (DFIs) to ensure they submit their financial returns monthly through the FinA application or risk sanctions. The CBN disclosed...

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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