Sam Diala, THEWILL

2024 Budget: Economy Bleeds As FG Elevates Waste, Impunity To National Priority

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...

Shocker! Naira Depreciates To N1,009 On Official Window

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...

NCDMB Completes 83% of Nigerian Content Roadmap…Wabote Cautions Against Relapse In Local Content Drive

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...

FirstBank UK Adopts Bloomberg TOMS to Optimize Fixed Income Workflow

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...

Naira Slide Deepens Despite Cardoso’s Forex Reform Pledge

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...

UBA Wins Bank of the Year Africa 2023, Come Top in 8 Continental Subsidiaries

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 -...

Intervention Funds: CBN’s Policy Shift Paves Way For BOI, DBN To Bolster Entrepreneurship Support

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...

NDIC Reiterates Commitment To Protection Of Bank Depositors’ Funds

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...

Ministers, Oil and Gas Industry Captains Converge In Yenagoa For 2023 Practical Nigerian Content Forum

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...

Devaluation Erodes 10 Banks’ Assets by $24.73bn — Investigation –As CBN Urges Recapitalisation

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...

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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