Sam Diala, THEWILL

Dangote Refinery: Time to Remain Focused on Global Spotlight

July 22, (THEWILL) - Recent events have put Dangote Petroleum Refinery and Petrochemicals Company Limited under pressure, causing the founder -- a man not known for many words, but plenty of actions – Alhaji Aliko Dangote, to...

Inflation, Insecurity Threaten Food Import, Forex Gains in H2’24

July 21, (THEWILL) - The Federal Government is firing from all cylinders to revive the ailing economy struck by the twin effects of removal of petrol subsidy and the devaluation of the naira. In the past one year, there...

Recapitalisation: Adaora Umeoji Puts Zenith Bank on Global Spotlight

July 15, (THEWILL) - Zenith Bank Plc, Nigeria’s largest lender by market capitalisation, reaffirmed its industry leadership when the Group Managing Director/Chief Executive Officer, Dame Dr. Adaora Umeoji led the management team to the special forum of stakeholders and...

NIBSS: Enhanced Financial Services Infrastructure Boosts e-Banking Revenue, Financial Inclusion

July 14, (THEWILL) – The Nigeria Inter-Bank Settlement System (NIBSS) is engaged in a silent revolution of the financial services sector through its mandate which focuses on problem-solving initiatives. The far-reaching impact underlying the labyrinth of its activities...

Receding Oil Fortune: NNPC Goes to War, Leaves Dormant Refineries Behind

July 08, (THEWILL) – The Nigerian National Petroleum Company Limited (NNPCL) recently said it had declared war against the challenges affecting the country’s oil production and called for collaboration between stakeholders in the oil and gas industry in the...

South-East States Record $1.89bn External Debt, $261m Investment Inflow in Four Years

July 07, (THEWILL) – Nigeria’s five south-east states accumulated a total of $1.89 billion external debt in four years, between 2020 and 2023; but recorded a paltry $261.6 million foreign investment during the period, The south-east region comprises Abia, Anambra,...

DisCos: Estimated Customers, Revenue Soar Amid Less Supply in Q1 2024

July 1, (THEWILL)- In an ironic twist of events, the number of estimated customers of Nigeria’s electricity distribution companies (DisCos) maintained an upward trend in the first three months of the year (Q1 2024), while the firms recorded higher...

Expert Raises Concern as Nigeria’s Debt Repayment Exceeds Recurrent, Capital Expenditure

June 30, (THEWILL) – Despite the bloated recurrent spending in the 2024 budget and a significant infrastructure gap, Nigeria's debt repayment now exceeds both recurrent and capital expenditure. This is alongside the country’s Foreign Direct Investment (FDI) being at...

Declining Agriculture: Food Crisis Looms Over Worsening Insecurity

June 30, (THEWILL) – The worsening spate of insecurity across the country appears to be receiving a residual attention in real terms while agricultural, the major affected sector, is declining speedily. The Federal Government insists it is paying enough attention...

HY 2024: Equities Gain N15.68trn as NGX ASI Maintains Surge

June 30, (THEWILL) – The Nigerian equities market recorded significant gains in the first half of the year with market capitalisation closing at N56.60 trillion on June 28 2024, and the NGX ASI: maintaining the surge it recorded within the...

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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