Sam Diala, THEWILL

GTCO To Raise N10bn Through Private Investors

December 31, (THEWILL) — Guaranty Trust Holding Company Plc (GTCO) has secured approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to proceed with a private placement of its ordinary shares, subject to...

Savannah Announces Relationship Agreement With NIPCO Plc

December 31, (THEWILL) — Savannah Energy PLC, the British independent has announced the intended entry into a relationship agreement with its largest shareholder, NIPCO Plc, a diversified Nigerian energy conglomerate, in connection with NIPCO increasing its shareholding in Savannah. According...

Understanding The Stamp Duty Payment In New Tax Laws

December 31, (THEWILL) — Nigeria’s recent tax reforms created the Nigerian Tax Act (NTA) 2025 which is among the new tax laws with January 1, 2026, as the implementation date. The NTA affected two existing fiscal rules namely, the Stamp...

NDIC Seeks Exemption From 50% Cost-to-Income Ratio

December 31, (THEWILL) — The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation, Mr Thompson Sunday, has drawn attention to the fact that the Federal Government’s 50 per cent cost-to-income ratio policy is limiting the corporation’s ability to...

Seplat’s Expansion Set to Enhance Local Content, Gas Production in 2026

December 29, (THEWILL) — Seplat Energy Plc will play a major role in Nigeria’s economic development in 2026, especially towards advancing local content implementation and optimum gas production. The dual- (London/Lagos) listed energy corporate announced major milestones recently that...

Commercial Paper Issuance Hits N753bn – SEC Reports

December 29, (THEWILL) — The Securities and Exchange Commission (SEC) has disclosed that Nigerian companies raised over N753 billion through the issuance of Commercial Papers (CPs) between April and October, underscoring growing corporate reliance on short-term debt instruments amid...

Person Of The Year: Olayemi Cardoso: Bringing Calm to the Tempest

December 28, (THEWILL) — Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, is THEWILL Person of the Year. We extensively reviewed the turbulent phase that beguiled Nigeria’s economic landscape following years of monetary policy missteps and fiscal...

Dangote: The Saving Monopoly Amidst Dead Refineries

December 28, (THEWILL) — Nigeria’s downstream oil market has been thrown into intense competition as several filling stations slash petrol prices by as much as N100 per litre following the resumption of free nationwide delivery by the Dangote Petroleum...

Afrinvest Expands Presence in SE with Enugu Office, Projects N1,431.06/$ in 2026

December 28, (THEWILL) — Afrinvest, a leading Nigerian investment management firm, has expanded its operations in the South-East with the opening of a new office in Enugu State, reinforcing its commitment to bringing structured wealth management services closer to...

Nestlé Nigeria Braces for Bullish Year-End After Stream of Losses

December 22, (THEWILL) — Nestlé Nigeria Plc is set to close its 2025 operations on a bullish note, the first time after the foremost consumer goods firm had posted losses in the previous two years: N79.47 billion in 2023;...

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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