Sam Diala, THEWILL

PAYE Tax Accounts for 62% of States’ IGR – Investigation

BEVERLY HILLS, June 06, (THEWILL) - Over 60 percent of internally generated revenue (IGR) of the 36 states and the Federal Capital Territory constitutes deductions from employee emoluments under the PAYE (Pay-As-You-Earn) tax system, THEWILL investigation has revealed. PAYE...

SPECIAL INVESTIGATION: Cornerstone Insurance: 5 Years of Dividend Drought, 1,000% Hike in Directors’ Pay

BEVERLY HILLS, June 06, (THEWILL) - Shareholders of Cornerstone Insurance Plc will assemble for the company’s 29th Annual General Meeting (AGM) later in the year to listen to the chairman’s statement and transact other statutory businesses. However, they will...

Bureaux De Change Group Says Sales Margin Is N2 Per Dollar And Not N101, Warns Public

BEVERLY HILLS, May 30, (THEWILL) – The Association of Bureaux De Change Operators of Nigeria (ABCON) has advised foreign exchange users and the general public to patronise only Central Bank of Nigeria (CBN)-licenced bureaux de change (BDCs) to get...

CBN Intervention Funds Boost Capacity for AfCFTA

...Spotlight on Roles of  BOI, SON BEVERLY HILLS, May 30, (THEWILL) – It has been established that the African Continental Free Trade Area (AfCFTA) agreement will unlock significant growth opportunities in Nigeria; then flow into the wider continental window.  However, the benefit...

Wema Bank: N2.6bn Uncollectible Loans Gulp 20% of Three Years Profit

...Directors’ Cost Shrinks in COVID-19 BEVERLY HILLS, May 23, (THEWILL) – Wema Bank Plc, a player in the minor league of Nigeria’s deposit money banks cancelled loans and advances valued at N2.6 billion in three years.  These are facilities granted to...

Yahaya Bello: Prototype of Visionless Exuberance

BEVERLY HILLS, May 23, (THEWILL) – Alhaji Yahaya Adoza Bello, Governor of Kogi State, suffered a bruised ego recently and this must have given him a rude shock.  He was on the half-hour live programme of Channels Television, Politics Today,...

SPECIAL REPORT: Lagos Ports: Organised Den of Economy Killers

BEVERLY HILLS, May 16, (THEWILL) - Corruption, collusion and confusion – rolled together – produce the frustration that reigns among users of Nigeria’s foremost seaports in Lagos -- Apapa and Tin Can Island Ports. It is no news that...

FMDQ Exchange Admits Coronation Merchant Bank’s Commercial Papers

BEVERLY HILLS, May 11, (THEWILL) - FMDQ Securities Exchange Limited has approved the quotation of the Coronation Merchant Bank Limited ₦0.71 billion Commercial Papers (CP). The CPs consist of Series 13 and ₦14.13 billion Series 14 Commercial Papers (CPs) in March...

MTN Returns To FMDQ For N73.51bn Additional Commercial Papers

BEVERLY HILLS, May 10, (THEWILL) - FMDQ Securities Exchange Limited has announced the approval and admission for quotation of the MTN Nigeria Communications PLC ₦19.77 billion Series 3 and ₦53.74 billion Series 4 Commercial Papers. The transactions come under MTN’s ₦200...

Kaduna: Domain Of A Demystified Demagogue

BEVERLY HILLS, May 08, (THEWILL) - Governor Nasir El-Rufai of Kaduna State is having a running battle. The battle is with virtually every group and every ‘sector’ of the territory he superintends. In the midst of killings that have...

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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