Sam Diala, THEWILL

NGX ASI Surpasses 68,000 Mark with 33% Year-to-Date Return

September 4, (THEWILL) – In a remarkable turn of events, the Nigerian Exchange Limited (NGX) achieved a significant milestone as its All-Share Index (ASI) surged to an unprecedented level of 68,279.14, marking a 1.11% increase. This achievement surpasses the...

AfDB Plans to launch $1bn Climate Initiative for African Youths

September 4, (THEWILL) – The President, African Development Bank (AfDB), Akinwunmi Adesina, has revealed plans for a $1 billion climate adaptation initiative aimed at African youths. The project is in collaboration with the Global Centre on Adaptation. This announcement...

CBN Releases Guidelines For Signing Up Digital Literacy Platform – SabiMONI

September 4, (THEWILL) – The Central Bank of Nigeria on Monday released a step-by-step guide to signing up for the SabiMONI financial literacy e-learning platform on its verified X (formerly Twitter) account. This is coming after...

Eni Signs Agreement To Sell Nigerian Subsidiary NAOC Ltd To Oando Plc

September 04, (THEWILL) - Eni – Nigeria’s leading indigenous energy solutions provider listed on both the Nigerian and Johannesburg Stock Exchange - has announced the signing of an agreement with Oando Plc for the sale of Nigerian Agip...

Backward Integration: Receding Agric Fortune Mirrors Troubled Consumer Goods Firms

September 03, (THEWILL) - Nigeria’s agricultural sector has been on a steady decline in the past seven years, according to data by the National Bureau of Statistics (NBS). After the second quarter (Q2) of 2016 when it achieved a...

PenCom Issues Ultimatum To Employers On Remittance Documentation

August 31, (THEWILL) – The National Pension Commission (PenCom) has called on employers to file complete remittance documentation of their employees before December 31, 2023.or face sanctions. PenCom disclosed this in a document on Wednesday sent to concerned employers...

Equity Market Investors Gain N1.41trn in August

August 31, (THEWILL) – The bullish trend that characterised Nigeria’s local bourse in August saw trading close on Thursday with investors gaining N1.41 trillion as market capitalisation hit N36.42 trillion against N35.01 trillion the month opened on August...

Nigerian Stocks Market Loses N27.9bn After Reaching 15-year High

August 31, (THEWILL) - Nigeria’s equities market lost N27.9 billion on Wednesday, after hitting a 15-year high on the previous day’s trading. Market capitalisation dropped to N36.36 trillion from N36.39 trillion on Tuesday. The NGX All-Share Index fell to...

NGX Group to Pay Interim Dividend to Shareholders on Thursday

August 31, (THEWILL) - Nigerian Exchange Group Plc (NGX Group) is expected to pay its shareholders an interim dividend of 25 kobo per ordinary share of 50 kobo each on Thursday, 31 August 2023. This comes subsequent to an...

Dangote Sugar To Merge With NASCON, Dangote Rice

August 31, (THEWILL) - Dangote Sugar Refinery Plc is to merge with NASCON Allied Industries and Dangote Rice after the trio agreed to the terms and conditions clearing the path for their integration into a single entity. The proposal will...

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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