Sam Diala, THEWILL

Access Bank to Acquire Majority Stake in Ugandan Financial Institution

January 18, (THEWILL) - As part of its 5-year Strategic Plan expansion, Access Holdings Plc says its subsidiary, Access Bank, has agreed to acquire a majority stake in Finance Trust Bank Limited (FTB) in Uganda. In a statement filed...

FX Backlog: CBN Threatens Sanctions Against Non-compliant Transactions

January 17, (THEWILL) - The Central Bank of Nigeria (CBN) has said that it will collaborate with relevant agencies to impose appropriate sanctions against foreign exchange violations. This follows a forensic review which uncovered severe infractions, widespread abuse,...

UN Secretary-General Calls for Urgent Action On Climate, AI

January 17, (THEWILL) - The United Nations Secretary-General, Antonio Guterres, has urged leaders to tackle the existential threats posed by climate change, the unchecked development of artificial intelligence (AI) and international governance reforms. Guterres made the call in a special...

Access Holdings Gets CBN Approval-in-Principle for Own Consumer Lending Subsidiary

January 17, (THEWILL) - Access Holdings Plc, the parent group of Access Bank has received the Central Bank of Nigeria (CBN) approval-in-principle to establish its own consumer lending subsidiary. The new entity will be known as Oxygen X Finance Company...

Clean Energy: Global Leaders Unite To Triple Investment in Emerging Economies

January 17, (THEWILL) - The World Economic Forum announces Wednesday the launch of a new alliance to provide a platform for developing economies to raise awareness about their clean energy needs, share best practices and sustainably accelerate their energy...

Consortium of Nigerian Companies Plan to Acquire SPDC for $2.4bn

January 16, (THEWILL) - In a major deal that will alter the landscape of Nigeria’s energy sector, a consortium of four Nigerian companies under the name Renaissance Africa Energy and an international Energy Group are planning to acquire...

After Emerging Best Performing Stock, Transcorp Hotels Joins League of Trillion Naira Market Cap

January 16, (THEWILL) - Transcorp Hotels Plc has joined the league of trillion naira stocks on the Nigerian Exchange (NGX).. The hospitality subsidiary of Transcorp Group hit a record N1.02 trillion market capitalisation with a share price year-to-date...

Access Holdings acquires Megatech Insurance Brokers Limited

January 15, (THEWILL) - Access Holdings Plc has announced the acquisition of Megatech Insurance Brokers Limited, an insurance brokerage company licensed and regulated by the National Insurance Commission. The Group stated this in a notice to the investing public and...

Nigeria’s Inflation Hits 28.92%, Highest in 27 Years

January 15, (THEWILL) - Nigeria’s annual inflation rate reached the highest level in over 27 years hitting 28.92 percent in December 2023 from 28.20 percent in November, the National Bureau of Statistics (NBS) said Monday. The statistics...

NOVA Merchant Bank Announces Major Increase in Staff Salaries, Commences 2024 Graduate Trainee Program

January 14, (THEWILL) - NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced a substantial increase in staff salaries, effective November 1, 2023. The increase in salary by up to 50% across all...

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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