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.
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...
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...
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...
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...
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...
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...
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...
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...
February 25, (THEWILL) - Nigeria’s non-oil revenue, known for its tardy, clay-footed performance in previous years, has recorded exponential growth in the post-COVID-19 period. Data from the Federal Inland Revenue Service (FIRS) showed that the nation’s non-oil revenue soared...
FEBRUARY 21, (THEWILL) - Billionaire businessman and chairman, Heirs Holdings Group, Tony Elumelu, has advised officials charged with the responsibility of managing the state-owned assets to imbibe the culture of efficiency through a defined vision in order to...
