Sam Diala, THEWILL

NGX Extends Rally As ASI Hits 149,433.26 Amid Broad Buying Interest

December 12, (THEWILL) — The Nigerian equities market advanced further on Friday, closing positively as renewed investor appetite pushed major indices higher. The Market Capitalisation opened at ₦94.318 trillion and closed higher at ₦95.264 trillion. Similarly, the All-Share Index...

CAC Announces New Requirements for Online Business Name Updates

December 11, (THEWILL) — The Corporate Affairs Commission (CAC) has introduced new mandatory requirements for all online Business Name update requests, aiming to improve monitoring and streamline the ease of doing business. In a notice titled “Important Notice for...

FIRS, France Partner On Digital Tax Reform Ahead of Nigeria’s New Service Nomenclature

December 11, (THEWILL) — The Federal Inland Revenue Service (FIRS) has signed a landmark cooperation pact with France aimed at modernising Nigeria’s tax administration through digital transformation, capacity development, and improved cross-border enforcement. FIRS Chairman Zacch Adedeji and...

Equities Market Edges Lower As Profit-Taking Persists

December 10, (THEWILL) — The Nigerian Exchange (NGX) closed slightly negative in today’s trading session as mild sell pressure across select mid- and large-cap stocks pulled the market into the red. Market Capitalisation opened at ₦93.658 trillion and dipped...

PenCom Goes Tough On Non-compliance With Pension Law

December 09, (THEWILL) — The National Pension Commission (PenCom) has announced a tougher compliance regime against employers that fail to adhere to the pension law. It therefore warns employers that the non-remittance of workers’ pension contributions would no...

CBN Approves 82 BDCs for Effective Monetary Policy Implemetation

December 09, (THEWILL) — The Central Bank of Nigeria (CBN) has confirmed the approval of final operating licences for 82 Bureaux De Change under its updated regulatory framework, cautioning Nigerians to avoid patronising unlicensed foreign exchange dealers. The approval...

Oil Industry Records Zero Oil Theft In One Year – Chevron MD

December 08, (THEWILL) — The Chairman/Managing Director of Chevron Nigeria/Mid-Africa business unit, Mr Jim Swartz, has disclosed that Chevron recorded zero incidents of sabotage in the last one year. Swartz made this disclosure when he visited the Nigerian Upstream Petroleum...

FCMB Reports Pre-Tax Profit of N134.5bn for 9m of 2025

-Concludes Public Offer Towards N500bn Recapitalisation Target December 08, (THEWILL) — FCMB Group has reported a profit before tax of N134.497 billion for the nine months ended 30 September 2025. This constitutes a significant 46.2 percent increase from the N91.83...

Nigeria’s $1trn Target Hinges on Strategic Rollout of ISA 2025 – Expert

December 08, (THEWILL) — Nigeria’s ambition of becoming a $1 trillion economy by 2030 can only be realised through the strategic, disciplined, and collaborative implementation of the Investments and Securities Act (ISA) 2025, a capital market expert has said. Speaking...

Looming Food Crisis Threatens GDP Gains, Forex Stability

December 07, (THEWILL) — A disturbing image has emerged regarding Nigeria's looming food crisis. This situation indicates a perilous trend that jeopardises the expansion of the Gross Domestic Product (GDP) and the stability of foreign exchange, among other notable...

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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