Sam Diala, THEWILL

Nigerian Breweries: Profit Recovery Masks Assets 6.3% Shrink in 2025

March 16, (THEWILL) — Despite a highlighted profit rebound, Nigerian Breweries Plc’s financial statements for 2025 showed that the foremost brewer experienced a shrink of N72.15 billion in its assets value to N1.06 trillion from N1.13 trillion in the...

Market Applauds FCMB As It Meets N500bn Recapitalisation Mandate

Stock Records 4.98% Gain on NGX March 15, (THEWILL) — Market operators, investors, analysts, and industry observers have responded to the announcement made by FCMB Group regarding the successful completion of the recapitalisation of its banking subsidiary, First City Monument...

FCMB Attains CBN ₦500bn Capital Requirement For International Authorisation

March 10, (THEWILL) — FCMB Group Plc has successfully attained the ₦500 billion capital raise for international licensing ahead of the Central Bank of Nigeria’s (CBN) March 31 recapitalisation deadline. This was disclosed in a statement dated March 8, 2026,...

Worries as Crude Oil Soars Past $110 Per Barrel, Petrol Price Surges

March 09, (THEWILL) — Nigerians are to embrace a fresh spate of cost-of-living crisis as crude oil soared past $110 per barrel in the international market on Sunday, March 8, 2026, amid ongoing war in the Persian Gulf. The...

Transcorp’s Record-breaking Performance Underscores Resilience of Service Sector

March 08, (THEWILL) — Transnational Corporation (Transcorp) PLC's 2025 performance, featuring 31 percent pre-tax growth to N175.9 billion and assets crossing N1 trillion, highlights the resilience of the service sector. This success, driven by power and hospitality, showcases robust...

Advisers Emerge For Dangote Refinery Planned Listing On Nigerian Exchange

March 03, (THEWILL) — As the Dangote Refinery prepares for its landmark listing on the main board of the Nigerian Exchange Limited (NGX), indications emerged on Friday that Stanbic IBTC Capital, a leading investment bank in Nigeria and a...

PenCom Launches New Digital Portal For Federal Retirees COBRA

March 02, (THEWILL) — In a major move to modernise Nigeria’s pension landscape, the National Pension Commission has officially launched a comprehensive digital overhaul of the retirement process for federal employees. This was disclosed in the Guidelines for Verification and...

Nigeria’s Jobless GDP Growth Eclipses Impending Food Crisis, Worsening Poverty

March 02, (THEWILL) — Nigeria's real Gross Domestic Product (GDP) recorded a year-on-year growth of 4.07 percent in the fourth quarter of 2025, which is being hailed as the highest quarterly growth rate since Q4 2024. However, this figure...

New Moniepoint Report Validates NIBSS’s Critical Role in e-Payment Evolution

March 01, (THEWILL) — A recent case study conducted by Moniepoint has uncovered the growing prevalence of electronic transfers as a payment method throughout both urban and rural areas of Nigeria, while cash transactions are gradually fading away. This...

Guinea Insurance Profit Slumps 69% Amid Persistent Dividend Drought

February 23, (THEWILL) — Guinea Insurance Plc reported a substantial profit decline of 69.4 percent according to its financial statements for the period ending December 31, 2025. Within this time frame, the company’s post-tax profit fell to N286 billion...

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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