Sam Diala, THEWILL

Financial Inclusion: More MSMEs Embrace Cashless Ecosystem

A large number of micro, small and medium enterprises (MSMEs) have migrated to the cashless ecosystem amid scarcity of Naira notes. The development has accentuated the 95 percent Financial Inclusion target of the Governor of Central Bank of Nigeria,...

CBN Raises Benchmark Interest Rate to 18%

March 21, (THEWILL) - The Central Bank of Nigeria on Tuesday raised its benchmark lending rate to 18 per cent in an aggressive push to contain the nation’s inflationary pressure. In January, the CBN Monetary Policy Committee (MPC) raised its...

Seplat Women’s Group Throws Weight Behind Roger Brown

Against the backdrop of the ongoing sponsored smear campaign against Roger Brown, the Chief Executive Officer (CEO) of Seplat Energy Plc, a group known as Seplat Women's Awesome Network (SWAN) has declared their support for Roger Brown, the CEO...

Weather: NiMet Cautions Pilots, Airlines, Others Ahead of Rainy Season

As the rainy season begins in parts of the country, the Nigerian Meteorological Agency (NiMet), has warned pilots and the general public to be wary of thunderstorms and other hazardous weather events. In a release issued Monday by its General...

NCDMB to Host 4th Nigerian Oil And Gas Opportunity Fair

The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to organize the 4th edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF), with the theme “The oil and gas industry- catalyst and fuel for the industrialisation...

Nigerian Breweries Plc: Directors’ Pay Climbs to N685m Amid 27% Profit Slump

The remunerations of Nigerian Breweries Plc directors rose to N684.9 million in 2022, from N612.1 million the corporate governance chiefs collectively received in the previous year. This represents a 12 percent rise in a year the company suffered a...

Group Decries Media Attacks, Faults Allegations Against Seplat, CEO

March 16, (THEWILL) - A Non-Governmental Organisation (NGO), Empower Nigeria, has decried the spate of media attacks and image-smudging comments against the Chief Executive Officer, Seplat Energy Plc, Mr Roger Brown, bordering on claims of engaging in anti-Nigerian workers’...

Nigeria Spent N71.5bn on Palm Oil Imports in 2022

Nigeria spent N71.5 billion on the importation of palm oil in 2022, according to the National Bureau of Statistics (NBS). This was 28 percent lower than N98.7 billion recorded in the previous year. Palm oil falls under the nation’s foreign...

Nigeria’s Inflation Rate Soars Higher to 21.91% in February

March 15, (THEWILL) - Nigeria’s inflation rate inched further north hitting 21.91percent in February 2023 against 21.81 percent earlier in January, the National Bureau of Statistics (NBS) said Wednesday. This represents an increase of 0.09 points when compared...

Cash Crunch: Expert Predicts Drop in Q1 Nominal GDP

March 15, (THEWILL) - Former CEO, National Bureau of Statistics (NBS) and Statistician-General of Nigeria, Dr Yemi Kale, has predicted that Nigeria’s nominal Gross Domestic Product (GDP) in first quarter (Q1) of 2023 will drop by as much...

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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