Sam Diala, THEWILL

Breaking Stereotypes: How Access Corporation is Redefining Africa’s Global Image

June 20, (THEWILL) - Africa has been at the receiving end of many labels for several decades, most of which, sadly, are laced with prejudice and stereotypes — projecting our stories through a single-sided lens. These labels — whether...

Naira Float: I&E Window, Parallel Market Converge At N756/$1 As Stock Market Records N51bn Gain

June 20, (THEWILL) - The naira continued in its debilitating state Tuesday as it slumped to N756.61/$ on the I&E window. Although this was a marginal recovery from Monday’s all-time crash of N770.38/$1, it marks the historic convergence of...

Equities Market Closes Bullish as Investors Gain N7.5bn

June 20, (THEWILL) - Nigeria’s bourse closed positive Monday with market capitalisation hitting N32.133 trillion and the All-Share Index (ASI) recording 59,014.85 basis points This was after a couple of bearish days in the previous week which saw the...

Black Market Operators Jittery As Naira Slumps To N770/$1 At I&E Window

June 19, (THEWILL) - The Naira suffered the worst bashing in known records as it dipped to an all-time low of N770.38/$1 at the I&E window Monday. This represents a 12.2 percent depreciation from the N686.90 the local currency...

Petrol Subsidy: Court Reaffirms Order Stopping NLC, TUC From Embarking on Strike

June 19, (THEWILL) - The National Industrial Court in Abuja, on Monday, reaffirmed its earlier order restraining the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) from embarking on its planned nationwide strike. The judge, Olufunke Anuwe, had...

IPMAN Dares Soludo Over Planned Demolition of Filling Stations in Anambra

June 19, (THEWILL) - Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu Depot has threatened to shut down all filling stations in Anambra state if Governor Chukwuma Soludo fails to pay adequate compensation to the members for the...

Guinea Insurance Plc: Five Years Of Profit Drought Worries Investors

Some investors in Nigerian quoted firms have expressed worry over the stream of losses that has trailed the business of Guinea Insurance Plc in the last five years. A study of the firm’s financial statements showed that it has recorded...

Nigeria Air: Multi-billion Naira Carrier Project Dogged by Rot, Scam, Impunity

It is no longer news that former President Muhammadu Buhari left office on May 29, 2023, after eight years, without delivering the national carrier or flag carrier, as some persons describe it, Nigeria Air. The carrier was among his...

CBN’s Naira Float Policy: Daily Market Turnover Rises 444% To $311m On I&E Window

June 17, (THEWILL) – Daily market turnover rose to $311.82 million Friday at the I&E forex window - two days after the Central Bank of Nigeria (CBN) announced the Naira floating policy, This represents a 444 percent surge from...

Rates Unification: Naira Slumps to All-time High of N702/US1 at I&E Window

June 16, (THEWILL) - The Naira witnessed the biggest slump in many years as it crashed severely at the I&E window Thursday to record N702.19/US$1. This reflects a depreciation of 5.4 percent compared to the N664/US$1 recorded on Wednesday, June...

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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