Sam Diala, THEWILL

Unity Bank Commits Over N30m to Empower NYSC Members

July 04, (THEWILL) - Nigerian lender, Unity Bank Plc has committed over N30 million to empower National Youth Service Corps  (NYSC) members through the Bank’s flagship Youth entrepreneurship development initiative known as Unity Bank Corpreneurship Challenge. The sum includes N4 million...

Capacity Building: NDIC Boss Renews Support for Financial Journalists

July 04, (THEWILL) - The Managing Director of the Nigeria Deposit Insurance Corporation, NDIC, Mr Bello Hassan, has reiterated the support of the corporation in providing opportunities for financial journalists to enhance their knowledge and skill of reporting the...

Investors’ N11.87bn Under Threat As NGX Delists 5 Firms

June 27, (THEWILL) - The fate of over N11 billion investors’ assets ‘trapped’ in five quoted companies is laced with uncertainty. This followed the decision of  the relevant arms of the Nigerian Exchange (NGX) Group to delist the shares of the...

Nigeria’s Imports From China Soar, Exceed Europe, US, Others

June 20, (THEWILL) - Nigeria’s imports from China are rising exponentially, compared to other major trading partners, including Europe, Asia and America, data from the National Bureau of Statistics (NBS) has shown.  Figures published in the NBS recent report showed...

SPECIAL REPORT: Deconstructing The Raging Bull

June 20, (THEWILL)- SAM DIALA interrogates the myth surrounding the emergence of Nigeria as the world’s best performing Stock Exchange in 2020 amid the COVID-19 pandemic, economic recession and other negative fundamentals Many observers are still perplexed over the unusually...

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...

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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