Sam Diala, THEWILL

Taking Pensions to Nigeria’s Millions outside the formal Economy

At the commission’s 2026 annual media conference in Lagos recently, PenCom’s director-general, Ms Omolola Oloworaran, presented a catalogue of reforms and performance indicators showing a pension industry that has expanded significantly in assets, membership, compliance and investment reach.

Wema Bank’s HY Profit Surge: The Other Side of N131bn Windfall

Wema Bank’s H1 numbers reveal an institution that is growing rapidly, but whose growth is accompanied by falling earnings per share, a sharp contraction in fee income, rising loan-impairment charges, deteriorating cost efficiency and loan expansion that is running considerably faster than deposit mobilisation.

Beyond Survival: Why Nigeria’s Women must Move from the Margins to the Centre of Economic Power

Women are not asking Nigeria for charity. They are asking for the opportunity, capital, education, security and institutional space to convert their enormous contribution into economic and political power.

FG’s 30-Day Petrol Price Relief Program: Wrangle Over Subsidy Return, Cost, Reach, Sustainability Test Impact 

Announced amid renewed pressure from high fuel prices, rising transport costs and persistent household hardship, the initiative is being presented by the government as a targeted intervention to cushion the impact of global crude oil price volatility without returning the country to the costly petrol subsidy regime abolished in May 2023.

Unilever Nigeria: H1 Profit Surge Masks Deeper Corporate Weakness

Unilever Nigeria Plc reported revenue of N119.92 billion for the six months ended June 30, 2026, up 22.2 percent from N98.10 billion in the corresponding period of 2025. Gross profit rose 30 percent to N54.74 billion, while operating profit increased 29.5 percent to N24.36 billion.

Seplat Energy: How Gas Milestones are Powering a new Stock-Market Story

On September 10, Seplat Energy’s shares rose by the maximum daily limit of 10 per cent, helping the NGX recover from two consecutive sessions of losses. The rally was significant enough to help lift the wider market and restore about N100.5 billion to investors’ wealth.

From Dependency to Productivity: Reimagining Youth Empowerment as Nigeria’s Greatest Development Investment

Nigeria faces a fundamental choice: will its young population become the engine of economic transformation, or will millions of young Nigerians remain trapped between inadequate education, weak skills, unemployment, and poverty? The answer will determine not merely the future of Nigerian youths, but the future of Nigeria itself.

NIBSS Tech to Drive Mass Participation in Dangote, Other IPOs As NGX Returns to FTSE Russell Frontier Market

The Nigeria Inter-Bank Settlement System (NIBSS) is fundamentally transforming the country’s payment infrastructure to facilitate widespread participation in initial public offerings and privatization transactions.

FCMB Group: How Recapitalisation is Rewriting the Earnings Story, Setting up a Stronger 2026

FCMB's market capitalisation had risen 49.7 percent to about N771.7 billion by August, even though its share price was still 2.9 percent lower year-to-date.

Beyond Filling Stomachs: Making Nutritious Food Affordable in Nigeria Through Local Production, Smart Markets and Better Policy

Food is supposed to do more than silence hunger. It must nourish the body, develop the brain, strengthen immunity and provide the energy required for people to learn, work and build productive lives.

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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