Sam Diala, THEWILL

OPEC To Maintain Monthly Output Despite EU Russian Oil Ban

May 05, (THEWILL) - The Organisation of Petroleum Exporting Countries (OPEC) has said it will maintain the monthly oil output, despite a proposed plan by the European Union (EU) to ban oil and gas supply from Russia. OPEC disclosed this in...

BVN: 73.8m Bank Accounts Still Unlinked 

May 05, (THEWILL) - The Nigeria Interbank Settlement System (NIBSS) has said that 73.8 million bank accounts are yet to be linked to Bank Verification Number (BVN), nine years since the policy was introduced in February, 2014. The BVN is...

Twitter May Charge Fees For Commercial, Govt Accounts – Elon Musk

Commercial and government users’ accounts on Twitter may have to pay a “slight” fee to stay on the platform, Tesla CEO, Elon Musk, has said. Mr Musk said this Wednesday, a week after Twitter agreed a definitive deal to sell...

Mobil Assets Acquisition: We Await Govt’s Action – Seplat

May 03, (THEWILL) - Nigeria’s foremost indigenous energy company, Seplat Energy Plc, has said that it is still awaiting the next action by the government, over the assets acquisition deal it struck with Mobil Producing Nigeria Unlimited (MPNU), earlier...

MTN Subscribers Pay N31.62bn VAT On Voice, Data In Q1 2022

May 03, (THEWILL) - Subscribers of MTN Nigeria Communications PLC, paid nothing less than N31.62 billion as Value Added Tax (VAT) on calls and data consumed in the first quarter of 2021. According to information contained in the firm’s...

Recapitalisation: PFAs Go For Merger, Acquisition To Beat Deadline

May 02, (THEWILL) - The National Pension Commission (PenCom), has revealed that some Pension Fund Administrators (PFAs) resorted to mergers and acquisitions arrangement to beat the April 27, 2022 deadline, for the operators to recapitalise. The apex pension regulator had approved...

Q1 2022: UBA Plc Defies Headwinds, Records N42bn In Profit Growth

May 01, (THEWILL) - Despite intense headwinds that impacted the economy this past quarter (Q1 2022), Africa’s Global Bank, United Bank for Africa (UBA) Plc, reported moderate, yet impressive performance, which signals a positive outlook for the entire year. In...

FirstBank Celebrates Double Awards

May 01, (THEWILL) - First Bank of Nigeria Limited has won two awards: Best Bank in Nigeria 2022 and Best Banking Digital Transformation Nigeria at the International Investor Awards 2022, a print and online publication that provides insights, news...

Russia Oil Embargo: Mixed Reactions As EU Turns To Nigeria, Others For Supply

May 01, (THEWILL) - Indications that the European Union (EU) may turn to Nigeria and other oil-producing countries for oil supply amid moves to approve an embargo on Russian oil, is generating mixed reactions. The New York Times reported Friday,...

Anambra Airport Power FailureForces Air Peace Flight On Emergency Return To Lagos

April 30, (THEWILL) - It was anger and fiery trade of words between the passengers and officials of Air Peace airline Saturday, as the flight that took off from Lagos to Umuleri Airport, Anambra State, had to beat 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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