Sam Diala, THEWILL

Seplat’s Expansion Set to Enhance Local Content, Gas Production in 2026

December 29, (THEWILL) — Seplat Energy Plc will play a major role in Nigeria’s economic development in 2026, especially towards advancing local content implementation and optimum gas production. The dual- (London/Lagos) listed energy corporate announced major milestones recently that...

Commercial Paper Issuance Hits N753bn – SEC Reports

December 29, (THEWILL) — The Securities and Exchange Commission (SEC) has disclosed that Nigerian companies raised over N753 billion through the issuance of Commercial Papers (CPs) between April and October, underscoring growing corporate reliance on short-term debt instruments amid...

Person Of The Year: Olayemi Cardoso: Bringing Calm to the Tempest

December 28, (THEWILL) — Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, is THEWILL Person of the Year. We extensively reviewed the turbulent phase that beguiled Nigeria’s economic landscape following years of monetary policy missteps and fiscal...

Dangote: The Saving Monopoly Amidst Dead Refineries

December 28, (THEWILL) — Nigeria’s downstream oil market has been thrown into intense competition as several filling stations slash petrol prices by as much as N100 per litre following the resumption of free nationwide delivery by the Dangote Petroleum...

Afrinvest Expands Presence in SE with Enugu Office, Projects N1,431.06/$ in 2026

December 28, (THEWILL) — Afrinvest, a leading Nigerian investment management firm, has expanded its operations in the South-East with the opening of a new office in Enugu State, reinforcing its commitment to bringing structured wealth management services closer to...

Nestlé Nigeria Braces for Bullish Year-End After Stream of Losses

December 22, (THEWILL) — Nestlé Nigeria Plc is set to close its 2025 operations on a bullish note, the first time after the foremost consumer goods firm had posted losses in the previous two years: N79.47 billion in 2023;...

Tinubu Presents N58.18trn 2026 Budget Amid Chaotic Fiscal Outlook

December 21, (THEWILL) — Sounding upbeat on Friday, December 19, 2025, President Bola Tinubu presented the N58.18 trillion 2026 Appropriation Bill to a joint session of the National Assembly, vowing that next year will mark a decisive shift toward...

Financial Inclusion: NIBSS’ Role Accelerates Digital Penetration Drive

December 21, (THEWILL) — The renewed vigour by financial technology (fintech) firms to penetrate the nooks and crannies of Nigeria, especially the countryside, has tremendously reconfigured the nation’s payment system. And this has a far-reaching impact on the economy...

PenCom Recoveries from Defaulting Employers Climb 180% to N4.04bn

December 21, (THEWILL) — The National Pension Commission, PenCom, recorded a significant success in pension compliance by recovering N4.04 billion from defaulting employers between January and November 2025. This represents a 180 per cent increase over the N1.44 billion...

FCMB Group Receives Shareholders’ Approval for Fresh N400bn Capital Raise

December 21, (THEWILL) — FCMB Group Plc has secured the shareholders’ approval to raise up to N400 billion fresh capital in a bid to beat the Central Bank of Nigeria’s March 31, 2026 deadline for banks reapitalisation. The...

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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