Sam Diala, THEWILL

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.

UPDATED: Access Holdings CEO, Herbert Wigwe, Wife, Son, Others Die In Chopper Crash In California

February 10, (THEWILL) - A chopper transporting Herbert Wigwe, the CEO of Access Holdings crashed on Friday night and killed him, as well as his wifc and one of his sons. Also killed in the accident are Abimbola Ogunbanjo, Group...

Cardoso Reveals CBN’s Position On Ways And Means To FG

February 09, (THEWILL) - The Governor, Central Bank of Nigeria (CBN) , Dr Olayemi Cardoso has said the bank will no longer grant Ways and Means to the federal government without having all the outstanding balance settled. Ways and...

NCDMB: Senate Wants Idle $400m Intervention Funds Utilised

February 09, (THEWILL) - The Nigerian Senate has uncovered $400 million in intervention funds domiciled in banks and other financial institutions for a couple of years and said they should be put to use. This was disclosed...

NNPC, CBN to Strengthen Relationship to Guarantee Seamless Commercial Operations

February 09, (THEWILL) - The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mallam Mele Kyari, and the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, have reviewed the decision...

SIM Cards not Linked to NIN to be Deactivated, NCC Says

February 07, (THEWILL) - The Executive Vice Chairman/Chief Executive Officer, Nigerian Communications Commission, (NCC), Dr Aminu Maida, has said that SIM cards that are yet to be linked to the National Identity Numbers (NIN) will be...

Lagos Fuel Scarcity Signifies Crisis as PH Refinery Repairs Linger

February 07, (THEWILL) - Signs of petrol scarcity have been noticed in Lagos since Monday as motorists queue at the few filling stations for hours to buy the commodity where it is available. Many sales outlets do not have...

African Countries Spend $20bn Annually On Wheat Imports

February 06, (THEWILL) - Amid scarce resources and conflicts which impact negatively on their economy, African countries spend a whopping $20 billion annually on wheat importation. This disclosure was made by the Head of Technologies for African Agricultural Transformation (TAAT)...

Nigeria: Seven Northern States to Face Severe Food Crisis in 2024 – World Bank

February 06, (THEWILL) - Seven states across the North-west and North-east Nigeria are projected to face crisis of food security in 2024 because of insecurity and armed conflicts, the World Bank has projected in its latest Food Security report. The...

Global Food Inflation Remains High – World Bank

February 06, (THEWILL) - The World Bank says inflation in food prices remains high globally. The World Bank declared in its latest Food Security Update report on Tuesday that available data on food prices showed high inflation in low, middle...

Naira is Undervalued, Cardoso Insists

February 05, (THEWILL) - The Governor, Central Bank of Nigeria, CBN, Dr Olayemi Cardoso, has, again, stated that the naira is undervalued. Dr Cardoso reiterated this position in an interview with Arise News Television Monday, stating that foreign investors...