Sam Diala, THEWILL

UBA Wins Bank of the Year Africa 2023, Come Top in 8 Continental Subsidiaries

December 04, (THEWILL) - Africa’s Global bank, United Bank for Africa (UBA) Plc, has again demonstrated its prowess on the international stage as it clinched nine prestigious awards at The Bankers Awards 2023, organized by The Banker Magazine -...

Intervention Funds: CBN’s Policy Shift Paves Way For BOI, DBN To Bolster Entrepreneurship Support

December 03, (THEWILL) - The policy shift by the Central Bank of Nigeria (CBN) on its development finance activities will pave the way for the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN) to expand their...

NDIC Reiterates Commitment To Protection Of Bank Depositors’ Funds

November 29, (THEWILL) - The Nigeria Deposit Insurance Corporation (NDIC) has said it is committed to the protection of bank customers’ deposits in line with its statutory mandate. It also said it is partnering with the Central Bank of Nigeria...

Ministers, Oil and Gas Industry Captains Converge In Yenagoa For 2023 Practical Nigerian Content Forum

November 27, (THEWILL) - The 17-story Nigerian Content Tower (NCT), Headquarters of the Nigerian Content Development and Monitoring Board (NCDMB), Swali, Yenagoa, is set to host oil and gas industry eggheads and policy makers as the yearly Practical Nigerian...

Devaluation Erodes 10 Banks’ Assets by $24.73bn — Investigation –As CBN Urges Recapitalisation

November 26, (THEWILL) - The total assets of 10 Nigerian deposit money banks were collectively eroded by $24.73 billion (N18.7 trillion) as of September 30, 2023, following the devaluation of the Naira, computations by THEWILL have shown. The financial services...

CBN Wants Banks Recapitalised, Vows to Sanction Errant Payment Service Providers

November 25, (THEWILL) - The Central Bank of Nigeria (CBN) has advised the deposit money banks to be prepared to boost their capital base in order to meet the need of the envisioned $1 trillion economy of the...

Just in: Access Holdings Chairman, Bababode Osunkoya, is Dead

November 23, (THEWILL) - The Chairman, Board of Directors of Access Holdings Plc, Bababode Osunkoya, is dead. This is according to a statement filed with the Nigerian Exchange Limited on Thursday night. It says Osunkoya died after a brief illness...

Nigeria Records 2.51% GDP Growth In Q2 2023

November 23, (THEWILL) - Nigeria’s Gross Domestic Product (GDP) grew by 2.51% year-on-year in real terms in the second quarter of 2023, which is 0.2% points higher than 2.31% recorded in the previous quarter but 1.03% lower compared to...

NCDMB Refutes Inaccurate Report on Wabote’s Comment About Int’l Oil Companies in Nigeria Refutes Inaccurate Report on Wabote’s Comment About Int’l Oil...

November 23, (THEWILL) - The Nigerian Content Development and Monitoring Board (NCDMB) has refuted a media report which falsely alleged that its Executive Secretary, Mr Simbi Kesiye Wabote said that international oil companies (IOCs) in Nigeria, including Shell, “were...

Minister Visits Waltersmith Refinery, Threatens To Withdraw Unproductive Marginal Field Licences …Says Bid Round Is Coming Soon

November 22, (THEWILL) - The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has reiterated the stance of the Federal Government that licences for marginal fields risk revocation if beneficiaries fail to fulfill terms of the agreement relating to...

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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