Sam Diala, THEWILL

Two Weeks To Tenure-end, Senate Approves N1.4trn NDDC Budget

May 31, (THEWILL) - Two weeks to the end of its session on June 11, the Senate on Tuesday approved over N1.4 trillion for the 2021 and 2022 budgets of the Niger Delta Development Commission (NDDC). Specifically, the total amount...

NASCON Gets Substantive MD, Appoints Dangote’s Daughter as Director

MAY 31, (THEWILL) - NASCON Allied Industries Plc, makers of Dangote Salt and Seasoning, has confirmed the appointment of Thabo Mabe as its substantive managing director, the company said Tuesday. The board of directors of the salt manufacturer disclosed in...

Equities Market Records All Time High as Investors in MTN, Dangote, Transcorp, Others Gain N1.5trn

May 31, (THEWILL) - Nigeria Equities Market recorded an unusually bullish trend at the close of trading on Tuesday, May 30, after the public holiday to mark the inauguration of the Bola Ahmed Tinubu administration on Monday, May 29. In...

Fuel Scarcity: Consumer Protection Agency Wades In To Avert Exploitation

May 30, (THEWILL) – The Federal Competition and Consumer Protection Commission on Tuesday said it will ensure that filling stations sell petroleum products in compliance with the law to prevent hardship on Nigerians. The commission made this known Tuesday...

Tinubu Unveils Steps To Halt Economic Decline

May 29, (THEWILL) - President Ahmed Tinubu has unveiled steps to halt Nigeria’s declining economy characterised by poverty, unemployment, high inflation rate and dwindling investment inflow. Tinubu disclosed this during his inauguration speech in Abuja on Monday, May 29,...

16 New Govs To Inherit N2.9trn Debt On Inauguration

Sixteen (16) first-term governors will be confronted with a total debt of N2.9 trillion, bequeathed to them by their predecessors, as they assume office on May 29, 2023. The amount comprises total domestic debt of N2.2 trillion and $1.6 billion...

SabiMONI: CBN Issues Guide on Usage of Platform

May 27, (THEWILL) - The Central Bank of Nigeria (CBN) has issued procedures on how individuals can set up a profile on the new digital financial literacy platform called SabiMONI. Last week, the apex bank Deputy Governor, Aishah Ahmad, announced...

Banks Can Now Issue NIN Cards to Nigerians – Minister

May 25, (THEWILL) – The federal government says Nigerians can now request their commercial banks to issue them with a debit card which doubles as their National Identity Card at no extra cost. The Minister of Communications and Digital...

South Africa Mulls Coal to Counter Energy Crisis

May 24, (THEWILL) – South Africa, which is going through an energy crisis, is weighing the possibility of extending the operational lives of two of its largest coal-fueled power plants to boost energy security, Oilprice.com reports Wednesday. The plants,...

Natural Gas: U.S. Prices Climb 3%, As Europe’s Drop To Lowest Level Since 2021

May 24, (THEWILL) – Energy experts say cooler temperatures this week and a dip in available wind power this month are boosting the demand outlook for June for U.S. natural gas, leading to nearly 3% price gains on...

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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