Sam Diala, THEWILL

Wema Bank: Recapitalisation Poses Hurdle to National Spread

November 17, (THEWILL) - Wema Bank Plc, a lower-rung Tier-2 financial services institution, may face additional challenge of achieving effective national spread under the recapitalization policy initiated by the Central Bank of Nigeria (CBN). The apex bank had on March...

Reforms In Nigeria Not Working — IMF Report

November 16, (THEWILL) - The latest International Monetary Fund report on the economic outlook for sub-Saharan Africa has indicated that Nigeria’s ongoing economic reforms are struggling to deliver meaningful results, even 18 months after their implementation. The report, presented...

Energy Crisis: More Businesses to Shut Down in 2025

November 11, (THEWILL) - There are indications that many Nigerian businesses will join the league of exited or closed firms in the coming year, mainly on account of high energy costs, both petroleum products and electricity, among other adverse...

Kogi To Establish Special Economic Zone

November 11, (THEWILL) - The Kogi State Government says it has commenced processes leading to the establishment of a special economic zone with the status of a free trade zone to be located in the Ajaokuta economic development corridor...

Verheijen Invites Global Players To Invest In Nigeria Energy Sector

November 11, (THEWILL) - The Special Adviser to the President on Energy, Olu Verheijen has urged investors to seize new opportunities in Nigeria’s energy sector, highlighting untapped potential and recent reforms to attract capital. Speaking to a diverse audience, at...

Access Holdings Set for Historic N50trn Assets Mark

November 10, (THEWILL) – Access Holdings Plc, the parent company of Access Bank, Nigeria’s largest bank by assets, is inching towards a N50 trillion assets mark – the highest ever recorded by its industry peers. According to its Q3 2024...

NCDMB Boss, Sanwo-Olu Inaugurate Bell Oil & Gas Facility

November 08, (THEWILL) - A multi-million dollar pipe threading and valve assembly facility built by Bell Oil & Gas has been inaugurated at Lekki Free Zone, Lagos State, by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB),...

Increased Crude Oil Production: NCDMB Advocates Annual FID Week

November 08, (THEWILL) - As part of the strategies to increase Nigeria’s crude oil production and enhance revenue accruing to the national treasury, the Nigerian Content Development and Monitoring Board (NCDMB), has advocated for a week, each year, to...

Despite Insecurity, South-East Grows IGR by 33.5% to N152.94bn in 2023

November 04, (THEWILL) – Nigeria’s five south-east states of Abia, Anambra, Ebonyi, Enugu and Imo, recorded a total internally generated revenue (IGR) of N152.94 billion in 2023. This constitutes a 33.5% growth compared to N114.55 billion achieved in 2022,...

NCDMB, Shell, JV Donate Engineering Studio, ICT Hub to FUTO

November 03, (THEWILL) – The Nigerian Content Development and Monitoring Board (NCDMB) and companies in the Shell operated joint venture with the Nigeria National Petroleum Company (NNPC) Limited have commissioned a world-class engineering design studios and an information and...

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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