Sam Diala, THEWILL

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...

Corpreneurship Challenge: Unity Bank Splashes N10m Grant On 30 Corps Members

November 29, (THEWILL) - Unity Bank Entrepreneurship Development Initiative - Corpreneurship Challenge, targeted at empowering fresh graduates and Corp Members on one-year compulsory national youth service has, in its ninth edition of the Corpreneurship Challenge held across 10 States...

NDIC Pays N113.2bn to Insured, Uninsured Depositors of Banks In-Liquidation

November 28, (THEWILL) - In keeping with its primary mandate of protecting depositors’ funds in registered financial institutions, the Nigeria Deposit Insurance Corporation, NDIC, has paid a cumulative sum of N113.2 billion to over 440,000 insured and uninsured depositors of...

Naira Redesign: CBN Targets Agency Networks For Financial Inclusion

There is an indication that the plan by the Central Bank of Nigeria (CBN) to engage Agency Banking Networks in the currency redesign exercise will achieve the two-prong benefit of fast-tracking financial inclusion among the country-side dwellers. Many Nigerians...

Economy: Emefiele Lauds Monetary Policy Gains, Urges Quick Recovery Plans

November 28, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that the intervention schemes and other monetary policy initiatives of the apex bank helped in sustaining the productive capacity of the economy amid COVID-19...

Naira Redesign: Our Plans for Rural Dwellers – CBN

November 23, (THEWILL) - The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said residents in rural areas have no excuse for not depositing old naira notes before the phase-out deadline of January 31, 2023. Addressing journalists at...

Group Seeks Reform of Maritime Sector

November 23, (THEWILL) - Concerned by the myriad of challenges against operational efficiency in the nation’s maritime sector, an advocacy group has embarked on a monthly maritime breakfast briefing to articulate views and create ideas that provide strategic policy inputs...

States In Trouble Over N5.28trn Debt Under Buhari

Nigeria’s 36 states and the Federal Capital Territory (FCT) accumulated a total debt of N5.28 trillion in seven years of President Muhammadu Buhari administration: from 2015 to 2022. This amount, which comprises domestic and external debts, represents 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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