Sam Diala, THEWILL

Tony Elumelu Foundation Holds Prospects For US-Africa Deal

There are strong indications that Tony Elumelu Foundation (TEF), a leading philanthropy and non-profit organisation, empowering African entrepreneurs, especially the youth, from all 54 African countries, will serve as a vehicle to actualise the dream of industrialising the continent...

2023: Nigeria’s Revenue Cannot Pay Debt – World Bank

December 12, (THEWILL) - The World Bank has said that Nigeria’s projected revenue of N9.73 cannot pay/service its debt in 2023 as the debt servicing will gulp well over 100 percent of the federal government’s earnings. The new World...

CBN’s Cash Withdrawal Limits Expand Tax Revenue Window

The Central Bank of Nigeria (CBN)’s new policy on over-the-counter cash withdrawal limits as well as withdrawal limits for Automated Teller Machines (ATM) and Point of Sale (POS) terminals has widened the window for tax revenue. The CBN had on...

Sanwo-Olu Disbands Landed Properties Special Operations Team

December 11, (THEWILL) - The Lagos State Governor, Babajide Sanwo-Olu, has disbanded the Landed Properties Special Operations Team with immediate effect. This was announced in a statement by the Commissioner for Information and Strategy, Gbenga Omotoso, on Saturday, December...

Merger: Sigma, First Guarantee now Access Pensions

December 11, (THEWILL) - Following the completion of the acquisition of Sigma Pensions and First Guarantee Pension, by Access Corporation, both companies have now been unveiled as Access Pensions. A statement said Access Pensions is a subsidiary of Access Corporation...

UPDATED: Naira Redesign: N1 Trillion Mopped Up — Emefiele

December 08, (THEWILL) - As commercial banks get set to receive the newly redesigned naira notes by December 15, cash deposits by customers have hit about N1 trillion, Nigeria’s Central Bank Governor, Godwin Emiefele, disclosed on Thursday. Emefiele made this...

Afrinvest Highlights Investment Outlook, Opportunity for 2023

December 07, (THEWILL) - Afrinvest West Africa has outlined investment outlook for 2023 and how investors can explore the opportunities and guide against threats expected in the new year. Speaking during the investor parley held on Wednesday in Lagos with...

DMO Lists Ways to Tackle Nation’s Debt Burden, Revenue Challenges

December 05, (THEWILL)The Director-General of the Debt Management Office (DMO), Ms Patience Oniha, has stressed the need for Nigeria to operate an efficient tax administration to tackle revenue challenges. Oniha said this at the 2022 Capital Market Correspondents Association of...

RT 200 FX: Emefiele’s Scorecard Signals Optimism For FX Inflow

The milestone attained in the implementation of the Race-To-$200 billion (RT 200) programme points to the success story ahead as the Central Bank of Nigeria (CBN) intensifies efforts towards realising the objective. The programme is aimed at raising $200 billion...

RT 200 FX: CBN Doles Out N81bn Rebates to Nigerian Exporters As Repatriation Jumps by 56.4%

November 29, (THEWILL) - The Central Bank of Nigeria (CBN) has paid out a total sum of N81 billion to Nigerian exporters in 2022 as rebates for repatriating their export proceeds in line with the RT 200 FX policy. A...

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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