Sam Diala, THEWILL

Millions Impoverished, Miserable: Journey To Naira’s Free Fall

March 03, (THEWILL) - Mr Ambrose Agada is a transporter and trader at the popular Ile-Epo Food Market in Alimosho Local Government Area of Lagos State. Every day, since the past three weeks, he watches helplessly as his record...

AMCON: Dilemma of New Management Over Multi-Trillion Naira Debt

March 03, (THEWILL)- President Bola Tinubu on February 22, 2024 approved the appointment of a new management team for the Asset Management Corporation of Nigeria (AMCON). The four-man team included Gbenga Alade, Managing Director/CEO and three executive directors, namely...

MTN Nigeria Posts N740bn Forex Losses, Wiping out Shareholders’ Funds

March 01, (THEWILL) - MTN Nigeria Plc suffered foreign exchange losses amounting to N740 billion in FY 2023, against N81 billion reported in the previous year 2022. This resulted to a loss before tax of N177.8 billion compared to...

NCC Boss Harps On Local Content Promotion

February 28, (THEWILL) - The Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr. Aminu Maida has urged all stakeholders in the telecommunication industry to embrace the ethos of promoting local content. Maida made the appeal on...

Tony Elumelu In Global Academic Limelight – As Tony Elumelu Foundation Case Study Becomes Part Of Harvard’s Curriculum

February 28, (THEWILL) - In an unprecedented move, the Harvard Business School, the graduate business school of Harvard University, is set to cast the spotlight on the Tony Elumelu Foundation (TEF), recognising the Foundation’s extraordinary philanthropic achievement in a...

CBN Refutes Reports on Resumed Weekly FX Sales To BDCs

February 27, (THEWILL) - The Central Bank of Nigeria (CBN) has refuted reports that it has resumed the suspended weekly foreign exchange sales to Bureau De Change (BDC) operators. In a statement released Tuesday and signed by its Acting Director...

Intervention: CBN Allocates $20,000 To Each BDC To Stabilise Forex Market

February 27, (THEWILL) - The Central Bank of Nigeria (CBN) has taken a decisive step to bridge the widening gap in the exchange rate and stabilize the forex market. Through a new circular by Dr Hassan Mahmud, the Director of...

JUST IN: CBN Hikes Interest Rate To 22.75%

February 27, (THEWILL) - The Central Bank of Nigeria, CBN, has raised the monetary policy rate (MPR) to 22.75 percent. This represents 400 basis points increase from the 18.75 percent benchmark it has been since September 2023 The announcement was made...

Senate Commends NASENI on Accelerated Technology Transfer

February 27, (THEWILL) - The Senate Committee on National Agency for Science and Engineering Infrastructure (NASENI) has commended the Agency for championing local content development of Solar-Powered smart irrigation, tricycles, electric motorbikes and others with accelerated technology transfer. The...

NCC Reaffirms Commitment to Prioritise Risk Management in Telecoms Industry

February 27, (THEWILL) - The Nigerian Communications Commission has said it remains committed to fostering an environment that encourages innovation while prioritizing the security and stability of the telecoms infrastructure. The Executive Vice Chairman of the Commission, Dr...

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