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.

FG Bows To Pressure, Resolves To Audit NNPCL Accounts

December 14, (THEWILL) - Minister of Finance and Coordinating Minister for the Economy, Wale Edun has disclosed plans by the Federal government to audit the accounts of the Nigerian National Petroleum Company Limited (NNPCL). Edun disclosed this after the release...

2024 Budget Proposal: BudgIT Highlights Alarming Issues, Discrepancies, Calls for Urgent Review

December 12, (THEWILL) - BudgIT, a leading civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has raised concerns over the proposed 2024 Appropriation Bill presented to the National Assembly by President Bola Ahmed Tinubu. THEWILL...

Niger to Begin Oil Exports Via Benin Pipeline in January

December 12, (THEWILL) - Niger Republic expects to export its first barrels of crude oil through a newly established Niger-Benin pipeline in January, as stated by the country's military leader, Abdourahamane Tiani, on state television The export pipeline project,...

CBN Suspends Processing Fees on Large Cash Deposits

December 11, (THEWILL) – The Central Bank of Nigeria (CBN)has issued a new directive to all banks, other financial institutions, and non-bank financial institutions, suspending the processing charges previously imposed on large cash deposits. This change, referenced under the...

2024 Budget: Economy Bleeds As FG Elevates Waste, Impunity To National Priority

December 09, (THEWILL) - Details of Nigeria’s 2024 budget proposal, now before the National Assembly, reveal numerous items of high expenditure that will further drain the economy and make effective governance a mirage. As it stands, most of the items...

Shocker! Naira Depreciates To N1,009 On Official Window

December 09, (THEWILL) - Naira has plunged to N1,009.05 per dollar on the Nigerian Foreign Exchange Market (NAFEM), the lowest dip ever. Data from the FMDQ website showed that the troubled local currency succumbed to pressure to cross the...

NCDMB Completes 83% of Nigerian Content Roadmap…Wabote Cautions Against Relapse In Local Content Drive

December 06, (THEWILL) - The 12th Practical Nigerian Content Forum 2023 got underway on Tuesday at the Nigerian Content Towers, Yenagoa, with the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote announcing...

FirstBank UK Adopts Bloomberg TOMS to Optimize Fixed Income Workflow

December 05, (THEWILL) - Bloomberg has announced, Tuesday, that FirstBank UK Limited (FirstBank UK), the UK subsidiary of First Bank Nigeria Limited and the premier West African bank, has adopted Bloomberg’s Trade Order Management System (TOMS). By integrating...

Naira Slide Deepens Despite Cardoso’s Forex Reform Pledge

December 04, (THEWILL) - The Naira has maintained the plunge it recorded on Monday November 27, the first working day after the Governor, Central Bank of Nigeria (CBN), Dr Olayemi Cordoso, announced the planned reform of the...

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 -...