Sam Diala, THEWILL

SBM Intelligence Puts Nigeria’s Economy on ‘Warning’ Status

October 23, (THEWILL) - SBM Intelligence, a leading research and risk consultancy firm in Nigeria, has stated that Nigeria’s economy is on ‘warning’ status as it ranked 60% in the “Economy” macro-risk indicator The risk assessment consultancy firm revealed this...

UBA GMD, Oliver Alawuba, Conferred With Highest Honour of CIBN

October 23, (THEWILL) -Group Managing Director/CEO of United Bank for Africa (UBA), Oliver Alawuba has been bestowed the Fellowship of the Chartered Institute of Bankers of Nigeria. Alawuba was conferred with the highest honour for bankers during the Institute’s 2023...

Policy Reversal On 43 Import Items Compounds Manufacturers’ Woes

October 22, (THEWILL) - If there are winners and losers in the recent policy reversal which restored the 43 import items formerly restricted from the official foreign exchange (forex) window, it is the manufacturing sector. In a twist of events,...

Bode Agusto, Founder of Nigeria’s First Rating Firm, Dies at 68.

October 19, (THEWILL) – Bode Agusto, Nigerian economist and founder of Agusto & Co, Nigeria’s first credit rating agency, has passed away at 68. Agusto is also a former Director-General of the Budget Office. Before his passing, Agusto was an independent...

FMDQ Changes ‘I&E Window’ to ‘NAFEM’

October 19, (THEWILL) – In a move to abolish segmentation within the foreign exchange (FX) market and bring about greater consistency in terminology, the FMDQ Exchange has announced the change of Investors’ and Exporters’ (I&E) Window” to Nigerian...

Heirs Holdings Oil & Gas Rebrands, Becomes Heirs Energies Ltd

October 19, (THEWILL) - Heirs Holdings Oil & Gas has announced a major rebranding, and changed its name to Heirs Energies Limited with a new logo colour scheme, reinforcing the strategy of meeting Africa’s unique energy needs in a...

Shocker: Naira Trades N1,100/$ on Parallel Market, Official Window Turnover Shrinks to $69.88m

October 18, (THEWILL) - Nigeria’s naira closed trading at a record low of N1,100 per dollar on the parallel market on Wednesday according to data from Aboki.fx, an online forex tracking platform. Lagos street currency traders who spoke to THEWILL...

Investors’ Hunt for Zenith Bank, GTCO, UBA Stocks Lifts Equities Market by N16bn

October 18, (THEWILL) - The rally recorded in major bank stocks led to a N16 billion gain on the equities market Wednesday as investors intensified their hunt for key bellwether stocks. This extended the bullish trend of yesterday to...

Equities Market Gains N158bn on Investors’ Push for Banks’ Stocks

October 18, (THEWILL) - Investors’ preference for banks’ stocks on Tuesday drove the equities market into positive territory, recording a gain of N158 billion at the end of the day’s trading. Recovering from the previous session's loss, the domestic...

Local Content Africa’s Route to Economic Development — Wabote

October 18, (THEWILL) - African nations seeking to achieve economic prosperity must develop local capabilities to process, utilize, and export their resources as a means of powering their growth and development, the Executive Secretary of the Nigerian Content Development...

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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