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.

Dangote Refinery To Kick Off Petrol Refining November 30

September 19, (THEWILL) - The Dangote Refinery will kick off the refining of petrol by November 30, 2023, Devakumar Edwin, Dangote Group Executive Director, said on Monday. THEWILL reports that the refinery will also commence diesel and jet fuel refining...

Management Staff With Less Than 15 Months to Statutory Retirement to Exit NNPCL Today

September 19, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPCL) has put out a statement saying that all management staff with less than fifteen months to statutory retirement will be exiting the company today, September 19, 2023. ...

US Deputy Secretary Adeyemo Meets Business Leaders In Lagos

September 19, (THEWILL) - The US Deputy Secretary of Treasury, Wally Adeyemo, on Monday, met with Business leaders in Lagos, Nigeria's commercial centre. THEWILL reports that Adeyemo is in Nigeria as part of efforts by the Biden administration to regain...

Equity Investors Gain N263bn As Naira Shrinks To N773.98/$ On I & E Window

September 19, (THEWILL) - Investors in Nigerian stocks witnessed a bullish trend that lifted the market to a N263 billion gain on Monday. The local bourse closed the day’s trading with a market capitalization of N37.14 trillion against N36.88 trillion...

NCC Harps on Collaboration to Strengthen Payments System

September 19, (THEWILL) - The Nigeria Communication Commission (NCC) has stressed the importance of a multidimensional collaboration in enhancing the country's payment system. The Executive Vice Chairman of NCC, Prof Umar Danbatta, said this at the 2023 annual conference...

Oando Plc Announces N32.9bn Profit-After-Tax for FY 2021

September 19, (THEWILL) - Oando Plc has announced a profit after tax (PAT) of N32.9 billon in its full-year-ended 2021 financials. This year, 2023, has seen the Company record positive highlights, including the recent announcement of its intent to...

Olayemi Cardoso: Navigating Tailwind Direction In Turbulent Moment

September 17, (THEWILL) - President Bola Tinubu on Friday, September 15, 2023, nominated Dr Olayemi Michael Cardoso, as the new Governor of the Central Bank of Nigeria (CBN) subject to approval by the Senate. When (not, if) approved by the...

UBA Heads For N20trn Assets Mark On Robust HY2023 Key Metrics

September 17, (THEWILL) - The 2023 interim half-year financial statement of Africa’s Global Bank, United Bank for Africa (UBA) Plc, shows strong key metrics that would launch the Tier-1 lender on the fast track to N20 trillion assets mark...

NGX Group Mourns Pa Akintola Williams

September 14, (THEWILL) - Nigerian Exchange Group Plc and its subsidiaries have expressed sadness as they mourn the loss of one of its founding fathers, Pa Akintola Williams, CFR, CBE, FCA, who died on Monday at the remarkable...

Nigeria Customs Announces Resumption of Cargoes Clearing at Cotonou Border

September 13, (THEWILL) – The Nigerian government announced Tuesday that Nigerian importers would soon be free to legally import their goods from the ports in Cotonou, Benin Republic. The acting Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi,...