Sam Diala, THEWILL

FirstBank Successfully Completes N500bn Capital Raise

January 04, (THEWILL) — FirstBank, the commercial banking arm of First HoldCo Plc, has met the ₦500 billion minimum capital base required by the Central Bank of Nigeria (CBN) for an international banking licence. This is coming ahead of...

NDIC Reaffirms Compliance with Fiscal, Financial Regulations to Strengthen Depositor Protection

January 04, (THEWILL) — The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson Oludare Sunday, has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA)...

RMB Backs Nigeria’s Gas Transition with $285m Deal

January 03, (THEWILL) — Rand Merchant Bank (RMB), a subsidiary of the FirstRand Group, has successfully closed a landmark $285 million acquisition financing for BlueCore InfraCo Limited, marking a pivotal moment in Nigeria’s energy infrastructure evolution, RMB said...

FG Unveils 2026 Growth Agenda To Boost Jobs, Investment, Economic Expansion

January 02, (THEWILL) — The Federal Government of Nigeria (FGN) has said it will focus on key policies and priorities to accelerate economic growth, create jobs and mobilise investments to build a prosperous Nigerian economy in 2026. This is contained...

Ezekwesili Urges Halt To Wrong Version Of Tax Reform Act

January 01, (THEWILL) — Former Vice President of the World Bank, Dr Obiageli ‘Oby’ Ezekwesili, has condemned the alleged gazetting of the wrong version of the tax reform act, saying it constitutes a grave threat to constitutional governance. In...

NNPCL Monthly Revenue Drops 14% To N4.358trn In November 2025

January 01, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPCL) said that its monthly revenue declined by 14.17 percent in November 2025 to N4.358 trillion, down from N5.078 trillion recorded in October. In its monthly report released on...

Budget Office Defends Integrity Of Tax Reform Acts, Urges Due Process Amid Alteration Claims

January 01, (THEWILL) — The Budget Office of the Federation has reaffirmed the integrity of Nigeria’s newly enacted Tax Reform Acts, cautioning against what it described as governance by speculation and unverified claims following allegations of post-passage alterations. In...

Sterling’s CEO Odubiyi Acquires N578.1m Worth Of Shares Via Investment Company

January 01, (THEWILL) — Sterling Financial Holdings Company (SFHC) Plc disclosed that Seven Degrees North Limited, a private investment firm linked to CEO Yemi Odubiyi, acquired shares worth N578.1 million. According to the disclosure filed on the Nigerian Exchange,...

Afrinvest’s Digital Platform Optimus Rebrands As PlutusNeo

January 01, (THEWILL) — Afrinvest, a leading Nigerian investment management firm, has announced the rebranding of its digital investment platform, Optimus by Afrinvest, to PlutusNeo by Afrinvest, marking the next phase of the firm’s digital strategy focused on...

FIRS (NRS) Unveils Official Logo As New Tax Laws Take Effect

January 01, (THEWILL) — The Federal Inland Revenue Service (FIRS) has unveiled its new institutional brand identity as it officially metamorphosed into the Nigeria Revenue Service (NRS). The development ushers in a new dawn in revenue administration in the country...

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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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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