Sam Diala, THEWILL

Zenith Bank Posts N106bn Half-Year Profit, Declares Interim Dividend

August 29, (THEWILL) - Zenith Bank  has reported an after-tax profit of N106.1 billion for the half-year period ended June 2021.  The figure is 2.2 percent higher than what it reported in the same period of last year. By this, Zenith becomes  the...

FMDQ Exchange Admits FSDH Merchant Bank, United Capital Instruments 

August 29, (THEWILL) - FMDQ Securities Exchange Limited has announce the approval for the quotation of the FSDH Merchant Bank Limited (“FSDH”) ₦2.28 billion Series 3, ₦1.79 billion Series 4, and ₦15.53 billion Series 5 CPs under its ₦40.00 billion...

NARTO, Dangote Refinery Collaborate on Efficient Products Distribution

August 29, (THEWILL) - Road Transport owners across Nigeria have expressed optimism that the 650,000 barrels-per-day Dangote Petroleum Refinery would deepen the downstream sector and positively impact their businesses. The transporters, under the aegis of Nigerian Association of Road Transport Owners...

Q2 ’2021 GDP: Anxiety Over Agric Sector Decline Amid 5.01% Growth

August 29, (THEWILL) - Notwithstanding the 5.01 percent growth attained by the Nigerian economy in the second quarter of 2021 (Q2 ’21), the continued shrink in the agricultural sector has created serious concern among those who believe that the...

The Battle of VAT: Awaiting Winners And Losers

August 22, (THEWILL) - The Value Added Tax (VAT) has entered the arena of another legal battle. This time, the stage is the Court of Appeal at the instance of the Federal Inland Revenue Service (FIRS) over the recent...

Petroleum Industry Act: Dispensing Cash, Controversy, Amid Uncertainties

August 22, (THEWILL) - The Petroleum Industry Bill (PIB) recently signed into law, has triggered mixed reactions among stakeholders who are directly or indirectly affected by the legislation.  They point to the rain of cash and web of controversy they...

CBN Hammers Microfinance Banks Encroaching On ‘Wholesale Banking’

August 21, (THEWILL) - The Central Bank of Nigeria (CBN) says it will sanction microfinance banks (MfBs) found to be engaged in activities that are beyond their mandate of non-wholesale banking. The CBN explained in a circular to all MfBs...

State of the States: Enugu

Created on August 7, 1991, out of old Anambra, Enugu state is located in South-East Nigeria. The capital, Enugu, was the headquarters of the old Eastern Nigeria, now made up of the South-East and part of the South-South geo-political...

State of the States: Anambra

August 19, (THEWILL) - Anambra State was first created in February 1976 from then East Central State. Its present status excludes Enugu which was carved out in August 1991 with the valley of the lower Anambra River, which is...

Sterling Bank Reports N5.7bn PAT in H1 2021

August 18, (THEWILL) - Despite the prevailing difficult macro-economic environment, Sterling Bank Plc, , has reported a profit after tax (PAT) of N5.691 billion for the first half of 2021. This was achieved on gross earnings of N68.609 billion for 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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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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