December 09, (THEWILL) - Details of Nigeria’s 2024 budget proposal, now before the National Assembly, reveal numerous items of high expenditure that will further drain the economy and make effective governance a mirage.
As it stands, most of the items...
December 09, (THEWILL) - Naira has plunged to N1,009.05 per dollar on the Nigerian Foreign Exchange Market (NAFEM), the lowest dip ever.
Data from the FMDQ website showed that the troubled local currency succumbed to pressure to cross the...
December 06, (THEWILL) - The 12th Practical Nigerian Content Forum 2023 got underway on Tuesday at the Nigerian Content Towers, Yenagoa, with the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote announcing...
December 05, (THEWILL) - Bloomberg has announced, Tuesday, that FirstBank UK Limited (FirstBank UK), the UK subsidiary of First Bank Nigeria Limited and the premier West African bank, has adopted Bloomberg’s Trade Order Management System (TOMS).
By integrating...
December 04, (THEWILL) - The Naira has maintained the plunge it recorded on Monday November 27, the first working day after the Governor, Central Bank of Nigeria (CBN), Dr Olayemi Cordoso, announced the planned reform of the...
December 04, (THEWILL) - Africa’s Global bank, United Bank for Africa (UBA) Plc, has again demonstrated its prowess on the international stage as it clinched nine prestigious awards at The Bankers Awards 2023, organized by The Banker Magazine -...
December 03, (THEWILL) - The policy shift by the Central Bank of Nigeria (CBN) on its development finance activities will pave the way for the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN) to expand their...
November 29, (THEWILL) - The Nigeria Deposit Insurance Corporation (NDIC) has said it is committed to the protection of bank customers’ deposits in line with its statutory mandate.
It also said it is partnering with the Central Bank of Nigeria...
November 27, (THEWILL) - The 17-story Nigerian Content Tower (NCT), Headquarters of the Nigerian Content Development and Monitoring Board (NCDMB), Swali, Yenagoa, is set to host oil and gas industry eggheads and policy makers as the yearly Practical Nigerian...
November 26, (THEWILL) - The total assets of 10 Nigerian deposit money banks were collectively eroded by $24.73 billion (N18.7 trillion) as of September 30, 2023, following the devaluation of the Naira, computations by THEWILL have shown.
The financial services...
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.
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.