Sam Diala, THEWILL

Nigeria may be experiencing a widening disconnect between booming equity market capitalisation and productive value creation. It is conventional wisdom that the equity market is the barometer of the economy. And this is true of the advanced economies: London, New York, Tokyo, Korea.

When the federal government announced last week that removal of petrol subsidy had generated an estimated ₦15.8 trillion in savings between June 2023 and December 2025, the figure was presented as further evidence that Nigeria's painful economic reforms were working. It is, unquestionably, a significantly large number.

August 16, (THEWILL) — The numbers coming out of Nigeria's corporate sector in the first half of 2026 are impressive. Across several sectors, listed companies have reported substantial increases in revenue, with some recording extraordinary growth in profit as...

August 10, (THEWILL) — Nigeria’s recent emergence as the world’s best-performing stock market in 2026 was received with mixed feelings. The rally was built on an exceptional performance recorded a year earlier when the Nigerian Exchange (NGX) ranked as...

August 09, (THEWILL) — On August 21, 2026, one of the longest-serving and most influential boardroom gurus in Nigeria's corporate governance world and financial services industry will step aside. He is Mr Tony Onyemaechi Elumelu. After 12 years, Elumelu will...

August 09, (THEWILL) — After surviving the rigorous recapitalisation exercise imposed by the National Insurance Commission (NAICOM), Guinea Insurance Plc has earned a new lease of life. Yet for thousands of shareholders, the company's regulatory victory has done little...

August 03, (THEWILL) — Cadbury Nigeria's 2025 financial performance was undoubtedly impressive. Revenue rose about 31 percent to N169.84 billion, gross profit doubled, operating profit surged by over 240 percent, while the company moved from a N22.2 billion loss...

August 02, (THEWILL) — The President and Chairman of Council, Chartered Institute of Taxation of Nigeria, CITN, Mr Innocent Ohagwa, is passionate about Nigeria’s new tax laws which is part of the broader fiscal reform drive of the Federal...

August 02, (THEWILL) — As worries increase regarding the persistent issues surrounding Nigeria's expensive inactive refineries situated in Port Harcourt, Warri, and Kaduna, the situation appears to have worsened with the advent of Dangote Refinery, which could change the...

July 27, (THEWILL) — The emergence of 31 companies as winners of 37 oil and gas blocks in in the recently concluded Nigeria's 2025 Licensing Round represents a strategic opportunity to boost the local content agenda – a policy...