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.
May 24, (THEWILL) - The Nigerian National Petroleum Company Ltd on Tuesday commenced an oil drilling campaign at the Wadi-B well located in Jere Local Government Area of Borno State.
The Group Chief Executive Officer of NNPCL, Mele Kyari, said...
May 23, (THEWILL) - The Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country.
The revocation exercise was disclosed in the official gazette of...
May 22, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has commended the Dangote Group for establishing a reputation for credit worthiness.
He also disclosed that a huge portion of the commercial loans extended to the group...
May 21, (THEWILL) - The Infrastructure Concession Regulatory Commission (ICRC) has said the concession of three ports by the Federal Executive Council (FEC) would attract an investment of $3.7 billion from the private sector.
The Director-General of the ICRC, Michael...
May 21, (THEWILL) - Telecom group, MTN, has said it plans to increase prices in selected markets due to the elevated inflation in the operating environment.
This disclosure was made in its 2023 first quarter report filed on the Johannesburg...
Investors in Nigeria’s second-oldest bank, Union Bank of Nigeria Plc, have expressed dismay over the planned delisting of the 106-year-old financial services institution from the Nigerian Exchange, emphasising that the action smacks of poor corporate governance.
The Tier-2 bank had...
Nigeria on Monday, May 22, 2023 will score a global first, a huge turning point in her 62 years of chequered history. On that day, Dangote Petroleum Refinery, the world’s largest single-train 650,000 barrels per day petroleum refinery with...
May 21, (THEWILL) - The Nigerian Communications Commission (NCC) has reported that telecommunication mobile services subscriptions in the country declined by 0.4 per cent to 225.8 million in March 2023 from the 226.8 million subscriptions recorded in the preceding...
May 21, (THEWILL) - The Lagos State Governor, Babajide Sanwo-Olu, on Friday commissioned an innovation laboratory in Ikorodu.
The innovation laboratory — SAIL (Senator Abiru Innovation Lab) was set up by Tokunbo Abiru, the Lagos East senator, and his wife,...
May 21, (THEWILL) - Oil and gas opportunities valued over $50 billion and projected to be developed within five years were showcased by international and indigenous companies at the 2023 Nigerian Oil and Gas Opportunity Fair (NOGOF) which ended...
