Sam Diala, THEWILL

Seplat Half-Year Results: Success Story That Keeps Delivering

July 28, (THEWILL) - It is clear from the excellent results for the first half of 2023 that Seplat has put its recent travails behind, delivering against its strategy despite the distractions faced as a handful of shareholders orchestrated...

NCDMB Takes Nigerian Content Sensitization to Bench, Bar in Rivers

July 28, (THEWILL) - As part of its sustained effort to raise awareness on the Nigerian Oil and Gas Industry Content Development (NOGICD) Act among critical stakeholders in the oil and gas industry, the Nigerian Content Development and Monitoring...

Saudi Arabia Likely To Extend Oil Production Cuts Amid Rising Prices

July 27, (THEWILL) - Saudi Arabia is expected to prolong its voluntary one million-barrel oil supply cut into September as it seeks to support the rebound in oil prices. The top OPEC producer introduced the additional cutback this month...

Development Bank of Nigeria Raises N23bn Local Bond for MSMEs

July 26, (THEWILL) - The Development Bank of Nigeria Plc (DBN) has issued a N23 billion bond issuance as part of its N100 billion medium-term bond program to accelerate funding of the critical sectors, especially the micro, small and...

Equities Market Loses N187bn As Naira Appreciates by 6.5% at Official Window

July 26, (THEWILL) - The domestic equities market recorded its first negative performance this week as profit-taking in MTNN (-3.4% against N225.10 share price) drove the benchmark index 0.5% lower to 65,687.16 points against 65,991.02 points on Tuesday. Market capitalisation...

Investors’ Gains In MTN, Zenith, Geregu Pushes NGX-ASI to 1.11%, As Naira Rises Marginally to N791.42/$

July 25, (THEWILL) - Equities market extended its winning streak for the fourth consecutive session positive on Tuesday, as the benchmark index closed 1.11% stronger at 65,991.02 points against 65,268.28 on Monday. Gains in MTNN (+5.52%), ZENITHBANK (+0.86%),...

CBN Raises Interest Rate To 18.75%

July 25, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the interest rate to 18.75 per cent on Tuesday. After the committee’s meeting on Tuesday, which is the first without Godwin Emefiele...

Construction of Ondo Oil, Gas Park to Start, NCDMB Assures Govt, Investors

July 25, (THEWILL) - The Nigerian Content Development and Monitoring Board (NCDMB) has assured that the actual construction of a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry will start in...

IMF Raises Global Growth Forecast, Retains Nigeria’s At 3.2%

July 25, (THEWILL) - The International Monetary Fund on Tuesday raised its growth forecast for the global economy, turning slightly more positive despite slowing momentum from China. In the latest update to its World Economic Outlook, the IMF raised...

Subsidy Palliatives: Partner with DBN, Others to Support SMEs – Expert

July 25, (THEWILL) - The managing director/chief business officer, Optimus by Afrinvest, the digital platform powered by Afrinvest (West Africa) Limited, Mr Ayodeji Ebo, has advised the Nigerian government to rethink its plan of distributing N500 billion subsidy...

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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