Nigeria’s current total public debt of N70 trillion Naira, if shared among the country’s estimated population of 220.2 million, places a debt burden of N317,850 on each citizen, according to data compiled by THEWILL. The 774 local government areas...
April 09, (THEWILL) - The Managing Director, International Monetary Fund (IMF), Kristalina Georgieva has called for strong policy action to secure a robust recovery, as global growth over the next five years is expected to languish at the slowest...
April 06, (THEWILL) - Following what it called poor utilisation of the Universal Service Provision Fund (USPF) by the Nigerian Communications Commission (NCC), the House of Representatives has resolved to investigate the communication agency.
The lawmakers said they resolved...
April 05, (THEWILL) - Nigeria has secured a World Bank facility worth $800 million.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this on Wednesday while briefing State House correspondents on the outcome of the Federal Executive...
April 05, (THEWILL) – Investment inflow to the Nigerian economy, via foreign direct investment (FDI), dropped to a nine-month low of $468 million in 2022 from $698 million a year earlier, the National Bureau of Statistics said...
April 04, (THEWILL) - The Nigerian Communications Commission‘s Computer Security Incident Response Team (NCC-CSIRT) has recommended the measures to be adopted by the popular messaging app, WhatsApp to secure their facility.
The NCC’s CSIRT is the telecom sector’s cyber security...
April 04, (THEWILL) - In pursuit of its mandate to promote the country’s local content policy, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has performed the groundbreaking ceremony of a pipe manufacturing...
April 04, (THEWILL) - In line with its 5-year strategic development plan, Access Bank, the commercial banking unit of Access Holdings Plc, received $300 million as capital investment from the parent company to further its expansion within Africa, Nigeria’s...
April 04, (THEWILL) – The Central Bank of Nigeria (CBN), state governors, the Economic and Financial Crimes Commission (EFCC) and the Nigeria Financial Intelligence Unit (NFIU) will meet in Abuja today (Tuesday, April 4, 2023), over the facilities...
April 04, (THEWILL) – The Central Bank of Nigeria (CBN) has explained the reasons for the $1.4 billion drop in the country’s external reserves during the first quarter (Q1) of 2023.
CBN attributed the drop to a reduction in...
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.