Sam Diala, THEWILL

First HoldCo Records 105.71% Surge in Revenue to N3.213trn

April 20, (THEWILL) – First HoldCo (formerly FBN Holdings) Plc has released its audited financial results for the year ended December 31, 2024, reporting a 105.71 percent rise in gross earnings to N3.213 trillion - from N1.562 trillion achieved...

CSCS Records Stellar Performance With Double-Digit Growth in Revenue, PBT

April 20, (THEWILL) – Central Securities Clearing System (CSCS) Plc has released its audited consolidated and separate financial statements for the year ended December 31, 2024, delivering a robust performance marked by double-digit growth in revenue and profitability. Total revenue...

Bank Recapitalisation Will Build Nigeria’s $1trn Economy — CBN

April 15, (THEWILL) – The Deputy Governor, Corporate Services, Central Bank of Nigeria (CBN), Emem Usoro, has said the bank recapitalisation exercise being implemented by the apex bank is a critical step towards achieving Nigeria’s ambition of building a...

Transcorp Hotels Plc: Revenue Haul Soars on Cost Efficiency, Assets Boost

April 14, (THEWILL) – Transcorp Hotel Plc (a subsidiary of Transnational Corporation Plc) experienced a strong year in 2024, with significant topline and bottom-line increase, as well as improved financial leverage. Transcorp Hotels reported a record revenue of N70.13 billion,...

Emergency Rule: Rivers Growth Prospect Dims Amid N683bn Debt

April 13, (THEWILL) – The prospect of oil-rich Rivers State recovering from the calamitous impact of emergency rule   remains uncertain, with its debt hitting N683 billion as of December 31, 2024. THEWILL reports that industry experts have expressed concern over...

Transcorp Posts N136bn In Pre-Tax Profits As Revenue Soars By 107%

April 10, (THEWILL) – Transnational Corporation Plc (Transcorp) has reported a strong 2024 financial performance, with revenue surging by 107 percent to N407.9 billion from 196.9 billion in 2023 and profit before tax increasing by 132.41 percent to...

Fidelity Bank Plc Deepens Stability as Shareholders’ Funds Soar 105.32%

April 07, (THEWILL) – Fidelity Bank Plc consolidated its place in the top industry leadership league with its shareholders’ funds surging to N897.87 billion in FY 2024, from N437.30 billion in the previous year, constituting a 105.32 percent growth.   The...

NNPCL Without Mele Kyari’s Storytelling 

April 06, (THEWILL) – The change of baton at the Nigerian National Petroleum Company Limited (NNPCL) on April 2, 2025, ended the tenure of Mallam Mele Kyari as the Group Chief Executive Officer (GCEO) of the behemoth national oil...

NCC Unveils Draft Guidance on Unclaimed Recharges, Calls for Stakeholder Input

April 06, (THEWILL) – Following recent reforms, the  Nigerian Communications Commission (NCC) continues to promote initiatives that will ensure that  telecommunications operators offer quality service delivery to their consumers. Part of this measure is the Draft Guideline on Unclaimed Recharges to...

United Capital Plc Approves N14.4bn Dividend Payout at 12th AGM

April 06, (THEWILL) – United Capital Plc, a leading pan-African financial and investment services group, held its 12th Annual General Meeting (AGM) at the Transcorp Hilton Hotel, Abuja, where shareholders approved a total dividend payout of N14.4 billion for...

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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