Sam Diala, THEWILL

Navy Impounds Truck, Barge Laden With Stolen Crude Oil in Delta

May 17, (THEWILL) – The Nigerian Navy Ship, NNS DELTA, has impounded a sewage disposal truck and a barge, MV Amangwu at Okpaka Community in Udu Local Government Area of Delta State. The Commander of NNS DELTA, Chindo Yahaya,...

Union Bank to Delist From Nigerian Exchange in June

May 17, (THEWILL) – Nigeria’s second-oldest bank, Union Bank of Nigeria Plc, is to delist from the Nigerian Exchange by the end of June, 2023 after it was listed in 1971. Titan Trust Bank Limited, the core investor...

Alleged Unauthorised Transactions: Senate Extends Investigation on NDDC

May 16, (THEWILL) - The Senate has granted more time to an ad hoc committee it constituted to investigate alleged unauthorised spendings by the Niger Delta Development Commission (NDDC). The committee, chaired by Yusuf Yusuf (APC, Taraba Central) was constituted...

NERC Tells DisCos To Go After Debtor Customers

May 16, (THEWILL) - The Nigerian Electricity Regulatory Commission, (NERC), has granted approval to Distribution Companies (DisCos), to disconnect customers who fail to pay electricity bills after 12 working days. NERC, in its “Customer Protection Regulations 2023” released at the...

CBN Unveils e-Learning Platform, ‘SabiMONI’, to Promote Financial Inclusion, Literacy

May 16, (THEWILL) - The Central Bank of Nigeria (CBN), on Monday unveiled an e-learning platform, SabiMONI, to promote financial literacy and to deepen financial inclusion. Speaking at the ceremony, the CBN Governor, Mr Godwin Emefiele, said that the platform...

Bayelsa, Kogi, Rivers Most Hit by Inflation in April

May 16, (THEWILL) - Bayelsa, Kogi and Rivers – were most battered by inflation among Nigeria’s 36 states, in April, 2023, according to the National Bureau of Statistics (NBS). Analysing price movements under the states, the NBS said Bayelsa, Kogi...

Kenya’s President Appoints Dr. Thugge As 10th Central Bank Governor

May 16, (THEWILL) – Kenya’s President, William Ruto, has appointed Dr Kamau Thugge as the 10th Central Bank Governor of Kenya. Dr Thugge’s appointment comes ahead of the imminent retirement of Dr Patrick Njoroge, the current Central Bank Governor...

NGX Reiterates Commitment to Upholding Market Transparency Rules, Regulations

May 15, (THEWILL) - Nigerian Exchange Limited (NGX) has reiterated its commitment to supporting the enforcement of regulations that enhance transparency in the capital market, by reminding investors to comply with rules on disclosure of substantial holdings in listed...

Nigeria’s April Inflation Rises To 22.2% As Food Prices Soar

May 15, (THEWILL) – Nigeria’s annual inflation rate rose to 22.22 per cent in April from 22.04 per cent in the previous month, the National Bureau of Statistics (NBS) said Monday. The statistics office said the April 2023 inflation rate...

Cadbury Nigeria: FY 2022 Results Mirror Growth That Excites Shareholders

Cadbury Nigeria’s full year in 2022 shows a growth trajectory that would impress the shareholders who have waited long for a return to the good old days. After a stint at the low rungs of corporate stairs, the...

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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