Sam Diala, THEWILL

Fuel Scarcity Looms As NUPENG Mobilises For Labour Unions’ Strike

September 28, (THEWILL) – The Nigerian Union of Petroleum and Natural Gas (NUPENG) on Thursday directed its members to commence full mobilisation to ensure compliance with the directive of the Nigerian labour unions to embark on an indefinite strike. Members...

Naira Hits N1,000/$ at Parallel Market On Cardoso’s Confirmation as CBN Governor

September 26, (THEWILL) – Nigeria naira set a new record on Tuesday, falling to N1,000 against the dollar at the parallel market, on confirmation of Dr Olayemi Cordorso as the new Central Bank of Nigeria (CBN) Governor by the...

Nigeria’s Annual Upstream CAPEX Drops to $6bn – NUPRC

September 26, (THEWILL) – The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure decreased from $27billion in 2014 to less than $6billion in 2022. The News Agency of Nigeria (NAN) reports that the...

Institute Develops New Irish Potato Variety to Curb Blight

September 26, (THEWILL) – The National Root Crops Research Institute (NRCRI), Kuru, near Jos, has developed a new variety of potato to tackle outbreak of blight. The News Agency of Nigeria (NAN) reports that Dr Khaya Shuaibu, a researcher...

NOVA Merchant Bank Uplifts 50 Young Lives Through Pediatric Surgical Intervention

September 26, (THEWILL) – NOVA Merchant Bank, a leading merchant bank in Nigeria, has sponsored a Pediatric Surgical Intervention, as part of its 2023 Environmental, Social and Governance (ESG) program, specifically within its UPLIFT initiative project. This initiative, conducted...

Access Holdings Records 58% Jump in Gross Earnings to N940bn in Six Months

September 25, (THEWILL) - Access Holdings Plc has announced the release of its audited financial statements for the first half of 2023 The group’s gross earnings hit N940.311 billion during the period. This represents a 58% increase when compared...

Zenith Bank Plc: N967.25bn Revenue Haul Excites Bargain Hunters In Equities Market

September 23, (THEWILL) - Zenith Bank Plc, Nigeria’s largest financial services institution by market capitalisation (currently N1.04 trillion), raked in N967.25 billion revenue in the first half of 2023. This has put it on a spotlight at the Nigerian Exchange...

CBN Defers September 2023 MPC Meeting Amid Rates Hike Speculations

September 21, (THEWILL) – The Central Bank of Nigeria (CBN) has announced that its bi-monthly Monetary Policy Committee (MPC) scheduled for Monday and Tuesday, September 25 and 26, has been deferred. Although no reason was given for the...

Seplat Energy Debunks Reports on Fraudulent Purchase Orders

September 20, (THEWILL) – Seplat Energy Plc has dissociated itself from reports of fraudulent activities involving purchase orders and requests for quotations. In the press release, Seplat noted that these fraudulent activities which are being circulated via emails, websites,...

NDIC to Pay Depositors of Defunct Peak Merchant Bank

September 20, (THEWILL) – The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors and ex-staff of the defunct Peak Merchant Bank that it has concluded arrangements to pay their first liquidation dividend. This was contained in a statement signed...

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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