Sam Diala, THEWILL

Four weeks TO BUHARI’S EXIT: Tough Times Still Lie Ahead

Nigerians Lament Current Realities Tales of Woes Over Failed Promises By SAMUEL DIALA with UKANDI ODEY, SAMUEL UHUEGBU, DAVID OWEI, SEGUN AYINDE and UDEME UTIP There is palpable fear in the land. Everywhere you turn Nigerians, male or female, old...

Estimated Billing Customers Hit 6m In Q4 2022 Amid Metering Racketeering

The number of ‘Estimated Billing’ customers in the books of Nigeria’s 11 electricity distribution companies (DisCos) rose to 5.93 million in the fourth quarter (Q4) of 2022, according to the National Bureau of Statistics (NBS). This represents a 3.4...

Danbatta Condoles Families Of Former Minister Gwadabe, BUK Registrar

April 30, (THEWILL) - The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, recently led a delegation of top officials of the Commission on condolence visits to the families of two prominent Nigerians who...

Zenith Bank Delivers Strong Q1 2023 Results with 41% Topline Growth

April 29, (THEWILL) – Zenith Bank Plc has announced its unaudited results for the first quarter ending 31st March 2023, with an exceptional double-digit growth of 41% in Gross Earnings, increasing from ₦191.5 billion in Q1 2022 to ₦270...

Otedola Divests from Transcorp, Sells 2.6bn Shares to Elumelu

April 28, (THEWILL) - Billionaire businessman, Femi Otedola, has divested his newly acquired stake in Transnational Corporation of Nigeria (Transcorp) to Chairman Tony Elumelu, sources said on Friday, This rests the scramble for the top ownership of the group. The billionaire...

Elumelu Amasses 9.7bn Shares to Become Transcorp’s Biggest Shareholder

April 27, (THEWILL) - Tony Elumelu, the chairman of Transnational Corporation Plc (Transcorp), has acquired fresh 9.7 billion shares in separate deals in recent days, company documents revealed on Thursday. The businessman turned the tables on the conglomerate’s two...

Fidelity Bank Records Stellar Performance in FY 2022

April 27, (THEWILL) - Fidelity Bank Plc, a leading financial institution, released its 2022 Audited Financial Statements on the Nigerian bourse Thursday. The results showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in...

NGX Group Becomes First Globally Certified EDGE Platform

April 26, (THEWILL) - The Nigerian Exchange Group Plc (NGX Group) has announced the award of the EDGE certification to it. By this, the organisation becomes the first exchange group globally and the first indigenous Nigerian organisation to be EDGE...

‘NNPCL’s AKK Gas Pipeline Project Has Gulped $1bn’

April 26, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has so far spent over $1.1 billion on the ongoing construction of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and Station project from its cash-flow. The NNPC Limited...

Transcorp’s Profit Dips By 63% In Q1 2023 to N3.2bn

April 26, (THEWILL) – Transnational Corporation (Transcorp) recorded a 63 percent decline in profit after tax to N3.2 billion in the first quarter (Q1) of 2023 compared to the corresponding period in 2022. A look at the firm’s unaudited financial...

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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