Sam Diala, THEWILL

First HoldCo Profit Plunges 18% in Q1 2025

May 05, (THEWILL) – First Holdco Plc.’s net profit fell by about 18 percent year-on-year in the first quarter of 2025 in what appears to be a negative start to the year. The profit before tax declined from N234.3...

NCDMB Unveils Selection Criteria For Inaugural Nigerian Content Awards

May 05, (THEWILL) – The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, has announced the detailed selection criteria for the inaugural Champions of Nigerian Content Awards, designed to honour outstanding contributions to local...

Seplat’s Success Paves Way for Expanded Local Content Initiatives

May 04, (THEWILL) – Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its interim unaudited results for the three months ended March 31, 2025 --...

CBN Reports Strong Financial Performance in 2024

May 04, (THEWILL) – The Central Bank of Nigeria (CBN) has released its 2024 financial statements. The results reflect the Bank’s commitment to economic stability, sound policy implementation, and strategic financial management, highlighting improvements in external reserves, asset quality, cost...

Equity Investors Gain N3.73trn in Four Months

May 04, (THEWILL) – Investors in the Nigerian equity market gained N3.73 trillion in four months (January – April 2025), fueled by robust sectoral earnings and the stability the Central Bank of Nigeria (CBN) monetary policies offered. A review of...

FirstHolCo’s Non-Performing Loans Ratio Spikes 10.20% Amid Threat to Asset Quality

April 28, (THEWILL) – FirstHoldCo's 2024 results show a significant boost in earnings and profit, but also highlight some areas of concern, one of which is the increase in the Non-Performing Loans (NPLs) ratio.   FirstHolCo recorded a 10.20 percent hike...

TCN Unbundling Signals No Relief from Energy Pains

April 27, (THEWILL) – Contrary to claims by the authorities, there is an indication that the recent unbundling of the Transmission Company of Nigeria (TCN) into two distinct entities will not alter the lingering energy challenge that has plagued...

Fiscal Outlook Worsens Amid High Uncertainty, IMF Warns

April 24, (THEWILL) – A publication, ‘Fiscal Policy Under Uncertainty’, by the International Monetary Fund (IMF), was unveiled on Wednesday, April 23, 2025. It highlights the challenge of wading through the complexities of a troubled global economy compounded by...

Rising Global Debt: IMF Wants Nigeria, Others To Enthrone Fiscal Propriety

April 24, (THEWILL) – Amid heightened concerns over imminent challenges which the prevailing global uncertainty would create, the International Monetary Fund (IMF) has urged Nigeria and other emerging countries to adopt urgent measures that would enable them to wade through...

Banking Recapitalisation: NIBSS Daunting Task Resonates at Stakeholders’ Forum

April 20, (THEWILL) – Speakers, participants and other guests at the recently concluded 36th edition of the Central Bank of Nigeria (CBN) Seminar for Finance Correspondents and Business Editors held in Abuja, agreed that implementing the banking recapitalisation scheme poses...

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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