Sam Diala, THEWILL

Zenith Bank Plc’s Assets Expansion Points to Strong Recapitalisation Base

March 31, (THEWILL) – Nigeria’s largest bank by market capitalization, Zenith Bank Plc, expanded its balance sheet by a remarkable 47.2 percent to N30 trillion in FY 2024 against N20.36 trillion recorded in the previous year (FY 2023). According...

NAIRA-FOR-CRUDE COLLAPSE: More Pain, Hardship as NNPCL Resumes Costly Importation of Petrol 

March 30, (THEWILL) – Many Nigerians face daunting social and economic challenges against the backdrop of renewed importation of petroleum products in the country, about six months after the practice was officially suspended. Lately, there were concerns about the far-reaching...

UBA Plc: E-Banking Revenue Soars by 88%

March 30, (THEWILL) – Africa’s Global Bank, United Bank for Africa Plc, recorded N236.30 billion in e-banking revenue on a strong financial inclusion drive, according to its audited financial statement for the period ended December 31, 2024. This constitutes an...

Forex Crisis Imminent Amid Surge in Imported Petroleum Products

March 24, (THEWILL) – Nigeria is in for a fresh foreign exchange crisis as the country gradually returns to increased importation of petroleum products which it had assured the world was over.   After decades of massive importation of petroleum products,...

Rivers to Face Investment Setback on Emergency Rule

March 23, (THEWILL) – The emergency rule imposed on Rivers State by the Nigerian President, Bola Ahmed Tinubu, is set to deepen the investment decline in the oil and gas-rich area.  The President, in a national broadcast on March 18,...

Bank of Industry Launches N10bn Fund for Female Entrepreneurs  

March 23, (THEWILL) – The Bank of Industry (BOI) has launched a special intervention programme, Project Guaranteed Loans for Women (GLOW), valued at N10 billion, to support female entrepreneurs across Nigeria, the News Agency of Nigeria reports. The initiative aims...

Access Bank To Raise N194bn From Commercial Papers Issuance

March 23, (THEWILL) – Nigeria’s largest financial bank by assets, Access Bank, is planning to raise up to N194 billion from Series 3 & 4 Commercial Papers (CPs) issuance. The CPs issuance is under its N400 billion Commercial Paper...

Acquisition of IOC’s Assets Holds Prospects For Local Content Expansion

March 17, (THEWILL) – The increasing acquisition of foreign companies’ assets by Nigerian investors in oil and gas sees a huge opportunity in local participation by indigenous players. In recent times, Nigerian investors have acquired assets from foreign companies like...

USPF Secretary Applauds ITU, UK-FCDO Partnership On Rural Connectivity

March 16, (THEWILL) – The Secretary of the Universal Service Provision Fund  of the Nigerian Communications Commission, Mr. Yomi Arowosafe, has commended the International Telecommunication Union and the United Kingdom Foreign, Commonwealth & Development Office  for their collaboration with...

PenCom Grants PFAs Autonomy To Approve Retirement Benefits Effective June 2025

March 16, (THEWILL) – In a major policy overhaul, the National Pension Commission (PenCom) has issued a new directive that grants Pension Fund Administrators (PFAs) the full authority to approve and process several categories of retirement benefits without...

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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