Sam Diala, THEWILL

Clash Of The Billionaires: Elumelu Vs Otedola: A Brewing Rivalry

Boardroom politics and takeovers are hardly a standard fare in the arcane business world. Therefore, they arouse public curiosity when the dealings spill into the public domain. This scenario played out in the case of two powerful Nigerian business...

Nigeria Enrols 3m Girls In Secondary Schools Through AGILE Project

May 11, (THEWILL) – The federal government has enrolled three million girls in secondary schools across the country through the Adolescent Girls Initiative For Learning and Empowerment (AGILE) programme. The National Project Coordinator of AGILE, Amina Haruna, disclosed this in...

Otedola Offloads 2.8m Geregu Power Shares

May 11, (THEWILL) – The chairman of Geregu Power Plc, Femi Otedola, has sold 2.8 million units of his shares in the power generation company, where he is holding the majority stake. According to data from the Nigerian Exchange, Otedola...

Immigration Boss Blames CBN For Scarcity Of Passport Booklets

May 11, (THEWILL) – The Nigeria Immigration Service (NIS) has blamed the Central Bank of Nigeria (CBN) for the scarcity of international passport booklets in the country. The Comptroller-General (C-G) of NIS, Idris Jere, complained that the foreign exchange (forex)...

China’s Trade Surplus Soars To $90.21bn In April

May 11, (THEWILL) – China’s trade surplus rose to $90.21 billion in April, according to data by CNY News published Tuesday. The news outlet, which also publishes the USD/CNY exchange rate, stated that the rise in China’s trade figures...

Otedola-Elumelu Feud Deepens Amid Stunning Revelations

May 10, (THEWILL) – What began like a humming narrative has snowballed into a stunning explosive as facts have emerged that the recent feud between Nigeria’s business tycoons, Femi Otedola, executive chairman, Geregu Power Plc,  and Tony Elumelu, chairman,...

NLC, TUC Agree To Suspend Industrial Action In Imo State

May 09, (THEWILL) – The national leadership of the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) have jointly agreed to suspend their ongoing industrial action in Imo State, to pave the way for a peaceful...

FG Reopens Abuja Airport Runway After Max Air Plane Incident

May 09, (THEWILL) – The Minister of Aviation, Hadi Sirika, has confirmed that the Nnamdi Azikiwe Airport has been reopened for operations hours after an aircraft belonging to Max Air crash-landed on Sunday afternoon. The minister disclosed this in...

Saudi Aramco’s Q1 Profit Slips By 19% to $31.9bn

May 09, (THEWILL) – Saudi oil giant Aramco on Tuesday reported a first-quarter net income of $31.9 billion, down by 19% from the first quarter of 2022 as macroeconomic concerns dragged down oil prices between January and March...

Oil Prices Dip Ahead Of U.S. Inflation Data

May 09, (THEWILL) – Crude oil prices began Tuesday trade with a dip as traders brace up for the April inflation data, to be released on Wednesday, according to report by Oil Price.com The online oil business platform said...

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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