Sam Diala, THEWILL

Ezekwesili Urges Halt To Wrong Version Of Tax Reform Act

January 01, (THEWILL) — Former Vice President of the World Bank, Dr Obiageli ‘Oby’ Ezekwesili, has condemned the alleged gazetting of the wrong version of the tax reform act, saying it constitutes a grave threat to constitutional governance. In...

NNPCL Monthly Revenue Drops 14% To N4.358trn In November 2025

January 01, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPCL) said that its monthly revenue declined by 14.17 percent in November 2025 to N4.358 trillion, down from N5.078 trillion recorded in October. In its monthly report released on...

Budget Office Defends Integrity Of Tax Reform Acts, Urges Due Process Amid Alteration Claims

January 01, (THEWILL) — The Budget Office of the Federation has reaffirmed the integrity of Nigeria’s newly enacted Tax Reform Acts, cautioning against what it described as governance by speculation and unverified claims following allegations of post-passage alterations. In...

Sterling’s CEO Odubiyi Acquires N578.1m Worth Of Shares Via Investment Company

January 01, (THEWILL) — Sterling Financial Holdings Company (SFHC) Plc disclosed that Seven Degrees North Limited, a private investment firm linked to CEO Yemi Odubiyi, acquired shares worth N578.1 million. According to the disclosure filed on the Nigerian Exchange,...

Afrinvest’s Digital Platform Optimus Rebrands As PlutusNeo

January 01, (THEWILL) — Afrinvest, a leading Nigerian investment management firm, has announced the rebranding of its digital investment platform, Optimus by Afrinvest, to PlutusNeo by Afrinvest, marking the next phase of the firm’s digital strategy focused on...

FIRS (NRS) Unveils Official Logo As New Tax Laws Take Effect

January 01, (THEWILL) — The Federal Inland Revenue Service (FIRS) has unveiled its new institutional brand identity as it officially metamorphosed into the Nigeria Revenue Service (NRS). The development ushers in a new dawn in revenue administration in the country...

GTCO To Raise N10bn Through Private Investors

December 31, (THEWILL) — Guaranty Trust Holding Company Plc (GTCO) has secured approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to proceed with a private placement of its ordinary shares, subject to...

Savannah Announces Relationship Agreement With NIPCO Plc

December 31, (THEWILL) — Savannah Energy PLC, the British independent has announced the intended entry into a relationship agreement with its largest shareholder, NIPCO Plc, a diversified Nigerian energy conglomerate, in connection with NIPCO increasing its shareholding in Savannah. According...

Understanding The Stamp Duty Payment In New Tax Laws

December 31, (THEWILL) — Nigeria’s recent tax reforms created the Nigerian Tax Act (NTA) 2025 which is among the new tax laws with January 1, 2026, as the implementation date. The NTA affected two existing fiscal rules namely, the Stamp...

NDIC Seeks Exemption From 50% Cost-to-Income Ratio

December 31, (THEWILL) — The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation, Mr Thompson Sunday, has drawn attention to the fact that the Federal Government’s 50 per cent cost-to-income ratio policy is limiting the corporation’s ability to...

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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