Sam Diala, THEWILL

Sterling Bank Reports N5.7bn PAT in H1 2021

August 18, (THEWILL) - Despite the prevailing difficult macro-economic environment, Sterling Bank Plc, , has reported a profit after tax (PAT) of N5.691 billion for the first half of 2021. This was achieved on gross earnings of N68.609 billion for the...

VAT: CITN Reacts To Rivers Court Judgment

August 18, (THEWILL) - The Chartered Institute of Taxation of Nigeria (CITN) has reacted to the recent judgment of the Federal High Court, Port Harcourt, declaring as unconstitutional the collection of the Value Added Tax (VAT) by the Federal Government...

Backward Integration: Consumer Goods’ Profit Holds Prospects For Small Businesses

August 15, (THEWILL) - Nigeria’s major Fast-Moving Consumer Goods (FMCG) firms listed on The Exchange recorded significantly impressive performance in their half-year (H1 2021) operations. The results were far beyond industry expectations. There are no less than 35 registered...

Forex New Policy Violators Will Face Sanctions, CBN Warns

August 12, (THEWILL) - The Central Bank of Nigeria (CBN) says it will impose stiff sanctions on individuals and corporate bodies, including banks, that violate the newly introduced foreign exchange policy. It also disclosed that the forex process has been...

Receding Foreign Investment Threatens Tax Reform Gains

August 08, (THEWILL) - The deepening slump in foreign investment in Nigeria signals a bad omen for the economy and should worry those in the position to halt the adverse trend.  While the inauspicious development has severe implications on every...

State of the States: Kwara

August 05, (THEWILL) - Kwara state was created  on 27th of May 1967 as one of the 12 states created from the original  four regions of the Nigerian Federation. Located  in North Central Nigeria, it has a land mass stretching  across...

Emefiele @ 60: The Passionate Central Banker In Turbulent Times

August 03, (THEWILL) - Mr Godwin Ifeanyi Emefiele, Nigeria’s 10th indigenous Central Bank Governor, turns 60 on Wednesday August 4, 2021. He will walk into his expansive office in Abuja, and attend to other matters on this day...

State of the States: Kogi

August 02, (THEWILL) - Kogi State is one of the 36 States of Nigeria, located in the Nigerian Middle Belt. Created in 1991 from parts of Kwara State and Benue State, Kogi State is noted as being the only state in Nigeria to border...

Turbulence in Forex Market

August 01, (THEWILL) - The turbulence in the Nigerian foreign exchange (forex) space on July 27, 2021, has created ripples. The effects would reverberate through the second half of the year. The Central Bank of Nigeria (CBN) wielded the big...

Update: Monetary Policy Rates Retained As CBN Stops Sale Of FOREX To Bureau De Change, Suspends Issuance of New Licences

July 27, (THEWILL) - The Central Bank of Nigeria (CBN) will no longer sell foreign exchange to Bureau De Change (BDC) operators in the country. Additionally, the apex bank has also discontinued the issuance of new licences to new entrants...

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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