Sam Diala, THEWILL

Court Bars Seplat Energy CEO From Management Activities

March 10, (THEWILL) - A Federal High Court in Lagos Wednesday issued an interim order restricting the Chief Executive Officer (CEO) of Seplat Energy, Roger Brown, from everyday running and management of the company. The court also restricted Mr...

Dangote Cement Set For Another Share Buyback – Third in Two Years

March 09, (THEWILL) - Dangote Cement Plc announced Wednesday that the Securities and Exchange Commission (SEC) had validated the move for the launch of its share repurchase transaction – the third in less than three years. This reaffirms the...

PwC Fined $8.9m For ‘Serious Breaches’ On Babcock Audits

March 09, (THEWILL) - Britain's auditing watchdog has imposed a 7.5 million pound ($8.9 million) penalty on PwC (PriceWaterhouseCoopers) for "serious breaches" found in audits of engineer Babcock International (BAB.L), Reuters said on Wednesday, quoting the regulator. The Financial...

FG Revokes Seplat CEO’s Work Permit, Visa, Resident Permit Over Alleged Anti-Nigerian Workers Conduct

March 09, (THEWILL) - The Nigerian government has revoked the Work Permit, Visa, and Residence Permit of the Chief Executive Officer (CEO) of Seplat Energy PLC, Mr. Roger Brown, over allegations of racism, favouring of foreign workers, and...

First Bank Celebrates Women’s Day, Reiterates Commitment To Women Empowerment

March 08, (THEWILL) - In furtherance of its leading role in promoting the socio-economic inclusion of women in society, First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its dedication of the...

FBN Holdings Appoints New Executive Director as Deputy MD Retires

March 07, (THEWILL) - FBN Holdings Holdings Plc says that its authorities have approved the appointment of Oluseyi Oyefeso as the executive director for Retail Banking South Directorate of First Bank of Nigeria Limited, a subsidiary of the...

CBN Recovers 52% of Loans Under Anchor Borrower Programme

March 07, (THEWILL) - The Central Bank of Nigeria (CBN) has said that total repayment of loans under the Anchor Borrowers’ Programme (ABP), stood at N503 billion as at date, representing 52.39 per cent of recovered facilities. The CBN...

Sirika Calls For Cooperation Amongst WMO Member States

Minister of Aviation, Senator Hadi Sirika has called on the World Meteorological Organisation (WMO) to intensify effort in encouraging cooperation among Members and assist in bridging the existing gap between the political class and the experts on the field. This...

Nigerian Breweries Profit Slumps Amidst Opex, FX Losses

Nigerian Breweries Plc reported 27 per cent. This comes over decline in profit before tax and growth in profit after tax of 4.06 percent over a decline in tax expenses. The decline in profit before tax dragged the profit margin...

Awori, Ecobank Group’s New CEO, Assumes Office

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has said that its new chief executive officer, Jeremy Awori, has assumed his role with effect from 1 March. The Group appointed Mr Awori in September 2022 upon the...

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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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Adedeji insists Tinubu lives a frugal lifestyle, saying the President walks to his office daily, eats only one...
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