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.
January 08, (THEWILL) - The Nigerian Communications Commission (NCC) has announced the commencement of disconnection of Globacom from MTN Nigeria Communicztions Plc (MTN).
The NCC in a public notice signed by its Director, Public Affairs Department, Reuben Muoka, released on...
January 07, (THEWILL) - In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria (CBN) has recently disbursed approximately $61.64 million to foreign airlines through...
January 07, (THEWILL) - Despite housing the largest natural gas reserves and significant crude oil deposits in Nigeria, Imo state, in South-east region, attracted zero foreign investment in four years, between 2020 and 2023, according to data by the...
January, 06, (THEWILL) - Foreign airlines operating in Nigeria have concluded arrangements to resort to ticket sales in dollar, thereby ending the roller-coaster experience of naira transactions.
THEWILL authoritatively gathered that the airlines have vowed to resort to dollar...
January 06, (THEWILL) - The Federal Government is set to sack the boards of Union Bank Limited and Titan Trust Bank Limited next week in a move to effectively take over the two financial service institutions, a source...
January 03, (THEWILL) - Airtel Africa Plc on Wednesday announced the retirement of the Chief Executive Officer, Olusegun “Segun” Ogunsanya, with effect from 1 July, 2024.
Mr. Ogunsanya, who joined Airtel in 2012, ran the Nigeria Operations of the Telecommunications...
January 03, (THEWILL) - Nigeria’s deposit money banks have announced that they will comb their customers’ accounts to deduct the backlog of Electronic Money Transfer Levy (EMTL) on old foreign currency transactions.
The deductions, which will be effected in...
January 03, (THEWILL) - In what points to the continued roller-coaster regime for the naira in the new year, the local currency slumped to N988.46 to a dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Tuesday, January...
January 03, (THEWILL) - The Central Bank of Nigeria (CBN) has announced that cash withdrawals will not be possible from accounts operated for virtual and digital asset transactions.
Withdrawals from these accounts would only be available by transfer or manager’s...
January 02, (THEWILL) - In the first trading day of the year, the Nigerian equities opened on a bright note as market capitalisation rose to N41.58 trillion.
This translates to N665.98 billion gain against the closing figure of N40.98 trillion...
