Sam Diala, THEWILL

Reps To Probe NCC Over Utilisation of USP Fund

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...

Fuel Subsidy: Nigerian Govt Secures $800m World Bank Facility

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...

Nigeria’s Investment Inflow Dips to $468m, Lowest in Nine Years

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...

NCC Recommends Authentication Measures to Secure WhatsApp

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...

NCDMB Performs Groundbreaking of Pipe Manufacturing Plant In Bayelsa

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...

Access Bank Gets $300m Capital Investment to Drive African Expansion

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...

Cashless Policy: CBN, Govs, EFCC, Others Meet Tuesday

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...

Q1 2023: CBN Explains $1.4bn Drop In External Reserves

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...

Holco Structure: Nigerian Exchange (NGX) Suspends Trading in Sterling Bank Plc

April 03, (THEWILL) - The Nigerian Exchange Limited (NGX) has announced the suspension of shares in Sterling Bank Plc effective last Thursday The move is to prepare for the commencement of a holding company (holdco) structure which the company...

PenCom Approves Over N1.72trn For PFAs , To Pay RSA Holders As At Q4 2022

April 03, (THEWILL) – The National Pension Commission (PenCom) has approved the withdrawal of over N1.72 trillion for Pension Fund Administrators to pay Retirement Savings Account (RSA) holders from inception to 31st December 2022. According to PenCom in its...

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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