Sam Diala, THEWILL

January 21, (THEWILL) — Summit Bank Limited has announced that it has fully met the new minimum capital requirement set by the Central Bank of Nigeria (CBN), well ahead of the March 2026 deadline. In a press statement, the bank...

January 21, (THEWILL) — A major milestone has been achieved in Nigeria’s oil and gas sector with the announcement by Seplat Energy Plc that its Assa North–Ohaji South (ANOH) gas project in Imo State has produced gas for the...

January 19, (THEWILL) — First City Monument Bank (FCMB) is pushing towards the N500 billion threshold meant for international banking licences which it aims to achieve within the March 31, 2026 recapitalisation deadline announced by the Central Bank of...

January 18, (THEWILL) — The total budgets for Nigeria's 36 states in 2026 have risen by N12 trillion within a year, increasing from N25.03 trillion in 2025 to N37.01 trillion this year, which indicates a rise of 47.8 percent....

January 18, (THEWILL) — In a bid to reposition for infrastructure opportunities in Nigeria and across Africa, the Board of Directors of United Capital Plc has announced the appointments of four highly experienced, infrastructure investment experts as independent...

…only Nigerian named among world’s most powerful communications leaders January 18, (THEWILL) — The group chief branding and communications officer, Dangote Group, Anthony Chiejina, has been named to the prestigious 2025 Influence 100, reaffirming his standing as one of the...

January 12, (THEWILL) — Africa’s Global Bank, United Bank for Africa (UBA), has successfully exceeded the Central Bank of Nigeria's (CBN) minimum capital requirement of N500 billion, thereby positioning itself favorably for growth and expansion in the post-recapitalisation phase....

January 11, (THEWILL) — Eight (8) chief executives of Nigerian banks are guiding their institutions through the process of recapitalisation; an initiative projected to inject over N4 trillion in new capital into the banking sector, as the countdown to...

January 08, (THEWILL) — In line with the consumer-focused objectives of the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators have drawn up a framework to address consumer complaints arising from unsuccessful airtime...

January 08, (THEWILL) — United Bank for Africa (UBA) has successfully raised ₦178.3 billion through a rights issue, taking its capital base above the ₦500 billion minimum required for Tier 1 banks with international licenses under the current banking...