Sam Diala, THEWILL

N395bn Investors’ Fund ‘Trapped’ In Dormant Equities In 2020 – Investigation

BEVERLY HILLS, February 14, (THEWILL) - Amid flourishing outlook of Nigeria’s equity market which earned it the best performing Stock Exchange in the world as at 2020, the nation’s bourse hosted a bunch of dormant equities worth over N395...

FG To Convert N10trn CBN Loan Into 30-Year Bond – DMO

BEVERLY HILLS, February 14, (THEWILL) - The Nigerian government says it will convert the N10 trillion loans it owes the Central Bank of Nigeria (CBN) into a 30-year bond. The ‘indebtedness’ to the CBN was largely by Ways and Means advances...

Cryptocurrency: SEC Makes U-Turn, Backs CBN On Prohibition

BEVERLY HILLS, February 14, (THEWILL) - The Securities and Exchange Commission (SEC) has reversed its stand on cryptocurrency and related products, saying it now supports the Central Bank of Nigeria (CBN) which had ordered banks to terminate all accounts connected...

Nigeria, India Ban Cryptocurrencies

BEVERLY HILLS, February 05, (THEWILL) - The Central Bank of Nigeria (CBN) has, again, warned against any dealings in cryptocurrencies declaring such transactions as prohibited. This is coming on the heels of similar policy action by the Indian government banning...

NSE: Equities Decline On Sustained Bear Pressure, As Investors Lose N112bn

- Naira Depreciates To N397.63/USD On I&E FX Window The Nigerian Stock Exchange (NSE) extended Wednesday’s bearish trend to Thursday, February 4, posting a loss of N112.05 billion due mainly to the absence of significant activities in the major and...

Equity Market Narrows Downward Trend As NSE-ASI Dips -0.1%, Investors Lose N23bn

- Naira Stands N395.50/USD At I&E Window Equities market closed on Wednesday in the negative territory with NSE-ASI depreciating by -0.1 per cent to close at 42,000.01 basis points (bsp), as against -0.74 per cent depreciation recorded on Tuesday at...

Equity Market: NSE-ASI Declines -0.74% As Investors Lose N146.3bn

- Naira Drops 0.25% At I&E Window BEVERLY HILLS, February 02, (THEWILL) - The Nigerian Stock Exchange (NSE) closed negative at the end of the second trading day in February with the NSE-All Share Index declining by 0.74 per cent...

NSE: Zenith Bank Tops Value-Traded Stocks As Investors Gain N1.1trn YTD

- Naira Gains 0.05% On I&E Window Activity chart of the Nigerian Stock Exchange (NSE) for the last trading session of the month, Friday January 29, showed Zenith Bank atop Most-Traded stocks with a total value of N1.2 trillion and...

Julius Berger Posts Lowest Profit In 6yrs

- Amid Shrink In Building Works BEVERLY HILLS, January 29, (THEWILL) - Construction giant, Julius Berger Nigeria Plc, recorded the lowest profit in six years as at December 31, 2020 – no thanks to the shrink in building and construction works...

Monetary Policy Committee Maintains Status Quo At First Meeting Of The Year

BEVERLY HILLS, January 26, (THEWILL) - Nigeria’s Monetary Policy Committee (MPC) meeting that held on the 25th and 26th of January has just been concluded with a decision to hold all policy parameters constant as follows; 1. Retain the MPR at...

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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