Sam Diala, THEWILL

2021: Banks To Walk A Tightrope Amid Low Revenue Environment

SAN FRANCISCO, January 10, (THEWILL) - Nigeria’s deposit money banks (DMBs) must brace up for the challenge of 2021 that might tax their resolve to remain in business. Reason: the industry is faced with a tougher operating environment that could...

Commercial Vehicles Top Road Transport Crashes In Q3’20 – NBS

SAN FRANCISCO, January 10, (THEWILL) - Commercial vehicles topped the list of categories of transport vehicles involved in road crashes across Nigeria in the third quarter of 2020 (Q3 ’20), the National Bureau of Statistics (NBS) reports. The NBS said...

Naira: Again, Exchange Rate Shifts At Official NAFEX Window

BEVERLY HILLS, January 05, (THEWILL) - The confusion that emerged on the first trading day of the year (Monday, January 4) over the adjusted rate of the Naira added another dimension Tuesday when the local currency witnessed further rate...

2020 Budget Performance: Mixed Reactions Trail FG’s 97% Claim

SAN FRANCISCO, January 04, (THEWILL) - The recent disclosure by the Nigerian Government that it achieved over 90 per cent budget performance for 2020, has triggered divergent reactions from economists and finance experts. The Director-General, Budget Office of the Federation,...

Naira Devalues To N410.25/$1 At Official NAFEX Window

SAN FRANCISCO, January 01, (THEWILL) - There are indications that the Central Bank of Nigeria (CBN) may have effected an adjustment in the foreign exchange rate that officially devalues the Naira at the Nigeria Autonomous Foreign Exchange (NAFEX) window...

Why December 2020 FGN Bond Was Oversubscribed – Experts

BEVERLY HILLS, December 30, (THEWILL) - Investment analysts and financial market experts have adduced factors underlying the oversubscription of the December 2020 FGN N60 billion bond – when investors are exiting the fixed income market for equity. The Federal Government of...

Banks Urge Customers To Comply With New Cheque Standard

BEVERLY HILLS, December 23, (THEWILL) - Nigeria’s deposit money banks (DMBs) have been notifying their customers about the December 31 deadline to phase out the existing stock of cheque books. This is sequel to the new cheque design introduced by...

BUA Cement To Spend $1.05bn On Sokoto, Edo, Adamawa Plants

BEVERLY HILLS, December 23, (THEWILL) - In a bid to expand its operations and boost export activities, Nigeria’s foremost cement company, BUA Cement Plc, has signed an agreement with Sinoma CBMI of China for the construction of three new...

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