Sam Diala, THEWILL

NNPC Spends N1.3tr on Subsidy, Refinery Rehabilitation in Five Months

June 28, (THEWILL) – Data released on by the Nigerian National Petroleum Company Limited showed that amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery rehabilitation between January and May this year was N1.301...

eNaira: CBN Takes Campaign to Lagos Traders

June 28, (THEWILL) – The Central Bank of Nigeria (CBN) in collaboration with the Bankers Committee, has taken the eNaira campaign to Tejuosho market in Yaba Lagos to sensitise the traders and consumers on how to conduct transactions with...

Nigeria’s Active Mobile Subscriptions Hit 204.2m in May 2022

June 27, (THEWILL) – The Nigerian Communications Commission (NCC) has disclosed that active mobile subscriptions across the four GSM networks of MTN, Globacom, Airtel, and 9mobile rose to 204.2 million in May 2022. The increase recorded in the month was...

Mobile Money Banking: MTN Alleges N22.3bn Fraud Against 18 Banks

June 27, (THEWILL) – MTN Communications Limited’s newly licensed Mobile Money Payment Service Bank Limited (MOMO PSB) has claimed that it lost N22.3 billion through fraudulent transactions in one month of operations allegedly orchestrated by 18 banks. In...

Kukah Urges Christians to Play Active Roles in Politics

June 26, (THEWILL) – Members of the Catholic faith and Christians in general have been advised to begin to play active roles in politics in order to influence the authorities to create a better society. The advice came from the...

Access Bank’s Credit Expansion, Assets Surge Reinforce Industry Dominance

June 26, (THEWILL) – Nigeria’s foremost financial services institution, Access Bank, has maintained the tempo in credit expansion as a priority to stimulate the economy while its assets base soars. Data from the first quarter (Q1) 2022 interim report...

NGX, CIS Enhance Stakeholders’ Capacity for Exchange Traded Derivatives

June 23, (THEWILL) – Nigerian Exchange Limited (NGX) and the Chartered Institute of Stockbrokers (CIS) organized a capacity-building workshop for Exchange Traded Derivatives stakeholders, on Thursday 23 June 2022, in line with the commitment to promote a robust derivatives...

CBN Denies Reports of Planned Overseas Tuition Hike

June 23, (THEWILL) – The Central Bank of Nigeria (CBN) has denied media reports that the payments of overseas tuition fees from Nigeria will cost more from January 2023, due to the purported withdrawal of the ‘Form A’ Discounted...

Agric Intervention Scheme: CBN Rewards Lagos Farmers With Cash Gifts

June 23, (THEWILL) – Three farmers in Lagos State have won the “Best Farmer of the Year 2021” award organised by the Development Finance Department of the Central Bank of Nigeria (CBN). The News Agency of Nigeria (NAN) reports that...

Tony Elumelu’s Afriland Properties Partners Lagos to Build Falomo Towers

June 20, (THEWILL) – Afriland Properties has signed a joint redevelopment partnership with the Lagos State Development and Property Corporation (LSDPC) to turn the former Falomo Shopping Complex to a premium sky-high real estate. This was disclosed to the media...

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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