Sam Diala, THEWILL

IMF Sees Inflation Surge, Slow Growth Amid High Oil Prices

May 08, THEWILL) - The International Monetary Fund (IMF) has said that the rise in oil prices may lead to high inflation and slow growth across the world. The IMF which disclosed this in a new report entitled, ‘Lower oil...

Union Bank Plc: Q1 ’22 Report Shows Signs of Decline

May 08, (THEWILL) – Union Bank of Nigeria Plc recorded operating results that indicate signs of decline in its 2022 unaudited first quarter report – a trend that draws from the 2021 full year results of the bank. The...

Equity Market Records Mixed Sentiments

May 07, (THEWILL) – At the end of the last weekday of trading on the Nigerian Stock Exchange (NGX) Friday, May 6, a total of 466,280,200 shares in 7,442 deals, corresponding to a market value of NGN 5,308,884,130.43, were traded....

NCC Allays Subscribers’ Fears On Service Providers’ Agitation For Tariff Increase

May 07, (THEWILL) – The Nigerian Communications Commission (NCC) has monitored with keen interest, the deluge of reports in the media on the demand by Mobile Network Operators (MNOs) ostensibly to increase tariffs of telecom services and has taken notes...

NDIC Begins Process Of Paying Depositors Of Three Failed Microfinance Banks

May 07, (THEWILL) – The Nigeria Deposit Insurance Corporation (NDIC) has said that it has begun the process of paying depositors in three failed micro-finance banks. The NDIC will between May 9 and May 20, begin the claims verification of depositors...

Downpour, Technical Hitches Mar 2022 UTME Exams

May 07, (THEWILL) – Early morning rain recorded across major cities and towns in Nigeria on Friday, caused some candidates of the Unified Tertiary Matriculation Examination (UTME) to miss their examination schedule. There were also others, especially at the Ekiti State...

15% NAC Levy: Again, Customs Agents Suspend Vehicle Clearance

May 06, (THEWILL) - Clearing agents have again abandoned vehicle clearance at the Tincan Island Port, Lagos State, due to confusion over the unresolved issue of the 15% National Automotive Council (NAC) Levy. The action, which will worsen the congestion problem...

Otudeko Sells Honeywell For N22bn To Repay Age Long Debt To FBNH 

May 06, (THEWILL) - After months of negotiations and proper preparation of documentation, Flour Mills of Nigeria Plc, a Nigerian agro-allied group led by Greek investor, John Coumantaros, has announced that it has acquired a 71.69-percent stake in Honeywell Flour Mills,...

Lagos To Begin Badagry Seaport Project Against Apapa Congestion

May 06, (THEWILL) - The Lagos State government on Thursday, said plans have reached an advanced stage to begin the construction of Badagry Seaport in the state. Governor Babajide Sanwo-Olu made the disclosure in Lagos at the All Markets Conference 2022...

Twitter Takeover: Elon Musk Secures $7bn Fresh Funding From Saudi Prince, Others

May 05, (THEWILL) - World richest man, Elon Musk, on Thursday, revealed that he has secured $7 billion in new funding commitments for his $44 billion Twitter takeover. He confirmed receipt of letters committing a total of about $7.139 billion in...

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.
1790 POSTS
0 COMMENTS