Sam Diala, THEWILL

NCC, Swedish Govt Pledge to Depeen Partnerships

March 13, (THEWILL) - The Nigerian Communications Commission (NCC) has expressed its resolve to work with the Swedish government. The NCC Executive Vice Chairman/CEO, Dr Aminu Maida, disclosed this when he received the Swedish Ambassador to Nigeria, Her Excellency,...

NCDMB Lauds Tinubu’s Oil Sector Executive Orders

March 12, (THEWILL) - The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe on Monday applauded President Bola Ahmed Tinubu for announcing three Presidential executive orders. The orders were directed at incentivizing...

CBN Lacks Liquidity to Support Naira, More Borrowing Inevitable – EIU

March 12, (THEWILL)- The Central Bank of Nigeria (CBN) faces a significant liquidity crisis in supporting the naira, and must embark on more borrowing as a way out. This is on the heels of nearly $20 billion of its $33...

Ecobank Signs $250m Bridge-to-Bond Loan with Afreximbank and AFC

March 12, (THEWILL)- Ecobank Transnational Incorporated (ETI) has signed a $250 million senior unsecured bridge-to-bond loan facility, with African Export-Import Bank (Afreximbank) and Africa Finance Corporation (AFC) serving as the Global Coordinators and Initial Mandated Lead Arrangers. The purpose of...

Heirs Holdings to Lead Africa’s Digital Evaluation, Launches Heirs Technologies

March 12, (THEWILL)- Heirs Holdings, a leading African investment company dedicated to improving lives and transforming Africa through strategic long-term investments, announced the launch of its new subsidiary, Heirs Technologies Limited, with an ambition to empower Africa's digital transformation...

Return Seized Food Items to Owners, Tinubu Directs Nigerian Customs

March 10, (THEWILL)- President Bola Tinubu has directed the Nigeria Customs Service (NCS) to return food items that were confiscated at border communities to their owners on the condition that they would be sold in the Nigerian markets to...

Agency to Introduce E-vehicles in Nigeria’s North-East

March 10, (THEWILL)- The North East Development Commission (NEDC) has announced plans to introduce electric vehicles to ease challenges associated with intra and inter-state transportation in the region. The chairperson of the reconstituted governing board of NEDC, Paul Tarfa, a...

NASENI to Raise Number of Female Engineers in Nigeria Over Next 5 Years

March 10, (THEWILL)- The Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu said the Agency would double the number of female Engineers in Nigeria over the next...

Transcorp Power’s Valuation Climbs to N1.98trn After NGX Listing

March 10, (THEWILL)- Transcorp Power PLC, the power generation spinoff of Transnational Corporation of Nigeria (Transcorp), advanced 10 per cent in market value on its debut in Lagos last week. The company’s shares closed at a cumulative value of N1.98...

Manufacturing Sector Records 767 Business Closures, Unsold N350bn Goods in 2023

March 10, (THEWILL)- The Manufacturing Association of Nigeria (MAN) has revealed a disturbing trend within its sector arising from the current economic crisis. The group, in a recent report said about 767 manufacturing companies shut down operations while 335 experienced...

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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