Sam Diala, THEWILL

FEC Approves Release of N60bn From CBN for Youth-targeted SMEs

March 26, (THEWILL) - The Federal Executive Council (FEC) has granted its consent for the disbursement of N60 billion from the Central Bank of Nigeria via the Agric Small and Medium Enterprises Investment Scheme. This is aimed to boost...

Inflation-Targeting: CBN Hikes Interest Rate by 200bsp To 24.75%

March 26, (THEWILL) - In keeping with its inflation-targeting framework, the Central Bank of Nigeria (CBN), on Tuesday, raised the interest rate (also called monetary policy rate) by 200 basis points from 22.75 percent it put it last...

Ecobank Shareholders Optimistic as Stock Gains 24.4% in Three Months

March 25, (THEWILL)- Shareholders of Ecobank Transnational Incorporated (ETI) have cause to entertain strong optimism as the value of the company’s stock recorded strong price valuation in the first quarter of 2024. This is a positive development amid headwinds...

NASENI Unveils New Corporate Identity

March 25, (THEWILL)- The new National Agency for Science Engineering Infrastructure (NASENI) has unveiled a new corporate identity in line with the repositioning of the Agency.   The new corporate identity comprises a newly redesigned logo tagged ‘NASENI: Infinite Possibilities’ and...

Nigeria Seeks Joint West Africa Regional Protection of Undersea Cables

March 25, (THEWILL)- Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has called for a coordinated and multilateral approach by the region to protect shared telecommunications infrastructure, and diversify connectivity...

Equities Market: UBA, FBNH, Access Holdings Dominate Trading in Week-ended March 22

March 24, (THEWILL)- Trading in the top three equities namely United Bank for Africa Plc, FBN Holdings Plc and Access Holdings Plc (measured by volume) accounted for 564.882 million shares worth N16.990 billion in 8,493 deals, contributing 32.56% and...

Four States Seek Shareholder Rights in Benin Disco

March 24, (THEWILL)- The state governments noted that the decision is to ensure the efficient provision of electricity services to citizens. This was disclosed in a letter dated 18 March, addressed to the Executive Chairman of NERC, Sanusi Garba. The letter...

National Economic Council Approves $617.7m i-DICE Programme Nationwide

March 24, (THEWILL)- The National Economic Council (NEC) has endorsed the implementation of the $617.7 million Investment in Digital and Creative Enterprises (i-DICE) programme across the 36 states of the federation and the Federal Capital Territory (FCT). The approval was...

Govt Reiterates Intention to Boost Power Supply to 6,500MW in Six Months

March 24, (THEWILL)- The Minister of Power, Adebayo Adelabu, has reiterated the federal government’s plan to raise electricity generation from 3,500 megawatts to 6,500MW within the next three to six months. During a working visit to various power projects in...

Nigeria Customs Suspends 25% Penalty on Improperly Imported Vehicles

March 24, (THEWILL)- The Nigeria Customs Service (NCS) has announced the suspension of the 25 percent import duty penalty on improperly imported vehicles. The directive for the suspension came from the Minister of Finance and Coordinating Minister of the Economy,...

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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