Sam Diala, THEWILL

NIBSS’ National Payment Stack (NPS) Boosts Financial Inclusion, AfCFTA

June 23, (THEWILL) – The Nigeria Inter-Bank Settlement System (NIBSS) on June 17, 2025, officially launched the National Payment Stack (NPS), a next-generation payment infrastructure created towards revolutionising the future of payment across the continent.  The initiative comes at...

Sterling Financial Holdings Penalised N.38bn For Regulatory Breaches

- As Directors’ Fees Climb 194% in 2024 June 22, (THEWILL) – Sterling Financial Holdings Company Plc (SFHC) paid a total of N388 million to settle contravention penalties imposed on it by the regulatory authorities in FY 2024. The figure represents...

PenCom Goes Tough on  Defaulters as Funds Assets Hit N23.33trn in Q1 2025

June 22, (THEWILL) – It is evident that the National Pension Commission (PenCom) has stepped up  measures to deal with those whose actions sabotage the 21-year-old scheme. The Commission recently said it will blacklist organisations that fail to meet their pension...

United Capital Asset Management West Africa Limited Launches New Mutual Funds

June 22, (THEWILL) – United Capital Plc has officially commenced operations of its latest subsidiary, United Capital Asset Management West Africa Limited (UCAMWAL) with the launch of two CFA franc-denominated mutual funds: the AMWAL Bond Fund and the UCAMWAL...

NIBSS Unveils National Payment Stack, Sets New Standard For Africa’s Digital Payment Landscape

June 18, (THEWILL) – The Nigeria Inter-Bank Settlement System (NIBSS) has launched the National Payment Stack (NPS), a next-generation, ISO 20022-compliant national payment infrastructure, in a landmark event held on Tuesday, June 17, 2025, at the Eko Hotel and...

Manufacturers Walk The Tight Rope Two Years of Naira Devaluation

June 16, (THEWILL) – Manufacturers are nursing their injuries from the hurting devaluation of the naira which happened on June 14, 2023. It was when the Nigerian government abolished the multiple exchange market system following the floating of the...

ETI Tops Nigeria’s Tier-1 Bank Category in New Report

June 15, (THEWILL) – Ecobank Transnational Incorporated (ETI) has emerged as Nigeria’s highest-ranked Tier-1 bank in 2025, thereby disrupting the popular league of “Big Five”, also known as FUGAZ (First Bank, UBA, GTB, Access Bank and Zenith Bank), which...

Despite Trade Surplus, Agric Records Mixed Fortune in Q1 2025

June 15, (THEWILL) – Despite the trade surplus posted in the first quarter (Q1 2025), Nigeria’s agricultural sector recorded  mixed fortunes during the period. A report by the National Bureau of Statistics (NBS) showed that the value of agricultural goods...

NCC, Stakeholders Tackle Rural Connectivity Challenges

June 15, (THEWILL) – The Nigerian Communications Commission (NCC) has collaborated with the Association for Progressive Communications and other institutional stakeholders towards addressing challenges confronting rural network connectivity in Nigeria.      The collaboration resulted in a two-day workshop hosted in Abuja,...

Port Harcourt Refinery: Debunking NNPCL’s Crude, Unrefined Tales

June 08, (THEWILL) – The old Port Harcourt Refinery has been rested – at least, for now. The 60,000 barrels-per-day refining facility is shut for maintenance. Until the exercise is completed, perhaps in another six months, the 60-year-old plant...

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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