Sam Diala, THEWILL

FY 2021: UBA Posts 20.3% Rise In Pre-Tax Profit To N153.1bn

March 06, (THEWILL) - Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced an impressive performance in key financial parameters of its 2021 full year report for the period ended December 31, 2021. The Tier-1 bank said in...

Zenith Bank Defies Headwinds, Grows Assets 60% in 5 Years

March 06, (THEWILL) - Zenith Bank Plc defied a challenging macroeconomic environment that witnessed the worst recession in a quarter of a century and exacerbated by the Coronavirus (COVID-19) pandemic, to grow its assets 60 percent within five years....

Seplat/ExxonMobil Deal Puts PIA to Test

March 06, (THEWILL) - Recent developments in the Seplat/ExxonMobil share acquisition deal have confirmed fears that the transaction might hit the brick wall of the Nigerian National Petroleum Company Limited (NNPC). Coming on the heels of the newly enacted...

Nestlé Nigeria Revenue Surges 22.6%, Posts N40bn Profit In 2021

March 02, (THEWILL) - Nestlé Nigeria Plc recorded a surge in its revenue stream as its profit after tax (PAT), also closed in the green in the 2021 financial year. In a statement published on Wednesday and made available to...

FY 2021: Zenith Bank’s Market Leadership Resonates As PAT Hits N244.5bn

March 01, (THEWILL) - Nigeria’s biggest bank by market capitalisation, Zenith Bank Plc, has reported impressive performance for its 2021 full-year (FY) operations as profit after tax (PAT) rises to N244.5 billion – the best so far. This reflects a...

Off-Spec Fuel: How LITASCO, Govt Agencies Brought Pain To Nigerians

February 27, (THEWILL) - Happenings in the Nigerian business and social circles for over two weeks now show that the off-spec premium motor spirit (PMS), popularly called petrol, imported by Nigeria National Petroleum Corporation Limited (NNPC’s) Direct-Sale-Direct-Purchase (DSDP) contractors,...

CBN Issues Operating Guidelines for RT200 FX Scheme

February 27, (THEWILL) - The Central Bank of Nigeria (CBN) has published guidelines for the implementation of the RT200 FX Programme introduced on February 10 to enhance repatriation of non-oil export proceeds and boost market liquidity. In a circular entitled...

State of the States: Plateau State

February 27, (THEWILL) - Located in the North-Central geopolitical zone, Plateau State was created in 1976 out of the old Benue-Plateau State. Its capital and biggest town is Jos.  Unlike other states in Nigeria, Plateau is surrounded by boundaries of...

State Of State: Katsina state

February 27, (THEWILL) - Katsina State was created from Kaduna State on September 23, 1987, its capital and main town is Katsina. It borders Kaduna State to the south, Jigawa and Kano States to the east, Zamfara State to...

Equity Market Records N19.48bn In Week Ended Feb 25

February 27, (THEWILL) - A total turnover of 1.668 billion shares worth N19.481 billion in 25,979 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.713 billion shares valued...

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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