Sam Diala, THEWILL

Q3 ’21: Nestle’s Finance-Costs Pains

December 25, (THEWILL) - Nestle Nigeria Plc had a good third quarter (Q3) 2021 report (July – September). However, the aching spot of high finance cost has lingered since the year. This would, inexorably, impact on the bottom line...

2021 PERSON OF THE YEAR GODWIN EMEFIELE: Passionate Central Banker in Turbulent Times

December 25, (THEWILL) - Since he first assumed office on June 4, 2014, Mr Godwin Ifeanyichukwu Emefiele, Nigeria’s 10th indigenous Central Bank Governor, has been in the eye of the storm over the apex bank’s monetary policies. The reason...

State of the States: Imo State

January 31, (THEWILL) - Imo State, located in the south-eastern region of Nigeria, was created in February 1976 out of the former East Central State. Its capital and the most important city is Owerri. It is bordered by Abia...

COVID-19 2020: AIICO Insurance Directors Receive Highest Pay In 30 Years

December 19, (THEWILL) - Directors of AIICO Insurance Plc, one of Nigeria’s topmost insurance firms, received a total emolument of N290.881 million in 2020, the year that COVID-19 spread human suffering and destabilised the global economy in the worst...

Remi Babalola Resigns From FBN Holdings as Chairman

December 17, (THEWILL) - Mr Remi Babalola has resigned his appointment as chairman of FBN Holdings Plc. This is coming about eight months after he assumed the position following the abrupt exit of his predecessor, Oba Otudeko in April 2021. His...

Nigeria’s Inflation Rate Drops To 15.40% In November

December 15, (THEWILL) - Nigeria’s inflation rate fell for the eighth consecutive month in November 2021 to 15.40 percent from 15.99 percent recorded a month earlier. This was amid continuing increases in food prices, the National Bureau of Statistics...

CBN Earmarks N41bn For Dry Season Wheat Projects’ Farming

December 14, (THEWILL) - In a bid to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria earmarked a whopping sum of N41billion, which is being disbursed by Heritage Bank Plc to farmers across...

NGX: Stocks Rebound on Gains by Financial Services

December 12, (THEWILL) - Stocks bounced back on the Nigerian Exchange (NGX) Friday as the benchmark index ticked up by 0.47 percent. This was  on the back of huge investors’ demand for financial services stocks. But the gain was too...

Nigerian Capital Market Launches Central Counterparty (CCP) 

December 12, (THEWILL) - The Nigerian Capital Market witnessed a monumental milestone as NG Clearing limited, the first Central Counterparty in West Africa, formally launched her operations. The launch of NG Clearing as a CCP means that exchange-traded derivatives are...

Nigerian Breweries: Slump in Q3 Profit Dims Dividend Prospects

December 12, (THEWILL) - Nigerian Breweries Plc posted a huge decline of N852 million in its Group profit after tax (PAT) for the third quarter (Q3) of 2021. This represents a 63 percent drop from N1.35 billion recorded 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