Sam Diala, THEWILL

PENGASSAN’s Obsession with Moribund Refineries

February 22, (THEWILL) — While the Nigerian National Petroleum Company (NNPC) Limited has initiated the process of privatising the underperforming state-owned refineries, members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) persist in their coercive...

Unaudited FY 2025 Results: First HoldCo Plc Posts N3.4trn in Gross Earnings, Reflecting Strategic Post-Recapitalisation Consolidation

February 02, (THEWILL) — First Holdco Plc has released its 2025 Unaudited Consolidated and Separate Financial Statements for the year ended December 31, 2025, reporting gross earnings of N3.4 trillion amid record impairment charges driven by strategic post-recapitalisation consolidation. FirstHoldCo...

Bank Recapitalisation: NDIC Mandate Reinforces Confidence in Framework for System Stability

February 01, (THEWILL) — A crucial factor for the success of the current bank recapitalisation is the ability of the Nigeria Deposit Insurance Corporation (NDIC) to safeguard depositors and enhance the stability of the banking system, in accordance with...

PenCom Increases NSITF Pensions by 1,173%, Pays N8.70bn Arrears

February 01, (THEWILL) — The National Pension Commission (PenCom) has approved an upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund (NSITF), increasing their total monthly pension payments from N12.56 million to N159.95 million. The...

Moniepoint Microfinance Bank Disburses over N1trn Credit to Small Businesses

February 01, (THEWILL) — Moniepoint Inc., leading Nigeria's fintech company, has released its ‘2025 Year in Review’, marking a decade of "financial happiness" and a transformative year of growth. Highlighting its role as the backbone of Nigeria's entrepreneurial economy with...

PenCom Unveils Online Data Recapture Portal February 1

January 31, (THEWILL) — The National Pension Commission, in collaboration with Pension Fund Administrators, says it will unveil a self-service online data recapture application platform on February 1. The News Agency of Nigeria (NAN) reports that the platform is known...

Otedola Increases Stake In First HoldCo To 18.12%

January 31, (THEWILL) — The total shareholding of Chief Femi Otedola, Chairman, First HoldCo Plc, has increased to 18.12 percent as of December 31, 2025, from 11.8 percent at the end of the 2024 financial year. Chief Otedola’s combined direct...

Cardoso Hosts British International Investment, Reaffirms Commitment To Financial Sector Reform, Long-Term Capital

January 30, (THEWILL) — The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Wednesday, January 28, 2026, hosted a delegation from British International Investment (BII), led by its Chair, Ms Diana Layfield, alongside the British...

Reps To Investigate Alleged Discriminatory Practices Of UNICAL CMD

January 30, (THEWILL) — The House of Representatives, on Thursday, January 29, 2026, moved to investigate the Chief Medical Director (CMD) of the University of Calabar Teaching Hospital, Prof. Ikpeme A. Ikpeme, over allegations of discriminatory recruitment practices. The development...

Nigeria’s New Economic Model Under Tinubu To Drive Higher GDP Figures – IMPI

January 28, (THEWILL) — One of Nigeria’s notable policy groups, the Independent Media and Policy Initiative (IMPI) has said that the new economic model deployed by the President Bola Tinubu administration is bound to drive the country’s GDP higher...

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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