Sam Diala, THEWILL

FG Revokes Seplat CEO’s Work Permit, Visa, Resident Permit Over Alleged Anti-Nigerian Workers Conduct

March 09, (THEWILL) - The Nigerian government has revoked the Work Permit, Visa, and Residence Permit of the Chief Executive Officer (CEO) of Seplat Energy PLC, Mr. Roger Brown, over allegations of racism, favouring of foreign workers, and...

First Bank Celebrates Women’s Day, Reiterates Commitment To Women Empowerment

March 08, (THEWILL) - In furtherance of its leading role in promoting the socio-economic inclusion of women in society, First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its dedication of the...

FBN Holdings Appoints New Executive Director as Deputy MD Retires

March 07, (THEWILL) - FBN Holdings Holdings Plc says that its authorities have approved the appointment of Oluseyi Oyefeso as the executive director for Retail Banking South Directorate of First Bank of Nigeria Limited, a subsidiary of the...

CBN Recovers 52% of Loans Under Anchor Borrower Programme

March 07, (THEWILL) - The Central Bank of Nigeria (CBN) has said that total repayment of loans under the Anchor Borrowers’ Programme (ABP), stood at N503 billion as at date, representing 52.39 per cent of recovered facilities. The CBN...

Sirika Calls For Cooperation Amongst WMO Member States

Minister of Aviation, Senator Hadi Sirika has called on the World Meteorological Organisation (WMO) to intensify effort in encouraging cooperation among Members and assist in bridging the existing gap between the political class and the experts on the field. This...

Nigerian Breweries Profit Slumps Amidst Opex, FX Losses

Nigerian Breweries Plc reported 27 per cent. This comes over decline in profit before tax and growth in profit after tax of 4.06 percent over a decline in tax expenses. The decline in profit before tax dragged the profit margin...

Awori, Ecobank Group’s New CEO, Assumes Office

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has said that its new chief executive officer, Jeremy Awori, has assumed his role with effect from 1 March. The Group appointed Mr Awori in September 2022 upon the...

Flood, Oil Theft, Resonate in 2022 Low GDP

The impact of severe flood and massive oil theft that put Nigeria on the spotlight of economic devastation last year, contributed to the poor Gross Domestic Product (GDP) for 2022. The National Bureau of Statistics (NBS) in its 2022...

Transcorp Hotels Plc Records Sterling Performance on 172% PBT Growth, N31.4bn Revenue

March 03, (THEWILL) - Transcorp Hotels Plc, a leading hospitality brand, has reported its financial results for the full year 2022. The Group reported a profit before tax (PBT) of N4.5 billion, a 172 percent increase year-on-year, having...

Zenith Bank Set To Unveil HoldCo, UBA To Carry Through Delayed Structure

March 01, (THEWILL) - Following anticipatory approval by the Central Bank of Nigeria (CBN), Nigeria’s largest bank by market capitalisation, Zenith Bank Plc, is set to unveil its new status as a financial holding company (HoldCo) with founder...

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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