Sam Diala, THEWILL

Naira Maintains Sliding Trend, Drops to N1,365/$ at Parallel Market

January 24, (THEWILL) - In a scenario that suggests stiff resistance against the measures aimed at halting the steep depreciation of the naira, the local currency maintained its free fall at the parallel market on Tuesday, January 23,...

Finance Minister To Declare Open FIRS Management Retreat Thursday

January 23, (THEWILL) - Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, will on Thursday, January 25, 2024 declare open a two-day strategic management meeting of the Federal Inland Revenue Service, FIRS. The retreat, scheduled to...

Aiteo’s Continental Drive Paves Way For Global Competition

January 21, (THEWILL) - The expansion drive by Aiteo Group, Nigeria’s foremost independent energy operator, to establish presence in the Central and Southern Africa territory signposts strategic move towards global competition. Like Nigerian banks, which are combing the nooks and...

CBN To Hold First MPC Meeting Under Cardoso, February 26, 27

January 19, (THEWILL) - The Central Bank of Nigeria (CBN) will hold its first Monetary Policy Committee (MPC) meeting under the leadership of Dr Olayemi Cardoso who assumed office as the CBN Governor on October 5, 2023. ...

NCC Temporarily Suspends Approval Granted MTN to Disconnect Globacom

January 18, (THEWILL) - The Nigerian Communications Commission (NCC) says it has put on hold the authorised partial disconnection of Globacom by MTN over unpaid debt. The NCC said this in a statement signed by Reuben Muoka, the director of...

Access Bank to Acquire Majority Stake in Ugandan Financial Institution

January 18, (THEWILL) - As part of its 5-year Strategic Plan expansion, Access Holdings Plc says its subsidiary, Access Bank, has agreed to acquire a majority stake in Finance Trust Bank Limited (FTB) in Uganda. In a statement filed...

FX Backlog: CBN Threatens Sanctions Against Non-compliant Transactions

January 17, (THEWILL) - The Central Bank of Nigeria (CBN) has said that it will collaborate with relevant agencies to impose appropriate sanctions against foreign exchange violations. This follows a forensic review which uncovered severe infractions, widespread abuse,...

UN Secretary-General Calls for Urgent Action On Climate, AI

January 17, (THEWILL) - The United Nations Secretary-General, Antonio Guterres, has urged leaders to tackle the existential threats posed by climate change, the unchecked development of artificial intelligence (AI) and international governance reforms. Guterres made the call in a special...

Access Holdings Gets CBN Approval-in-Principle for Own Consumer Lending Subsidiary

January 17, (THEWILL) - Access Holdings Plc, the parent group of Access Bank has received the Central Bank of Nigeria (CBN) approval-in-principle to establish its own consumer lending subsidiary. The new entity will be known as Oxygen X Finance Company...

Clean Energy: Global Leaders Unite To Triple Investment in Emerging Economies

January 17, (THEWILL) - The World Economic Forum announces Wednesday the launch of a new alliance to provide a platform for developing economies to raise awareness about their clean energy needs, share best practices and sustainably accelerate their energy...

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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