Sam Diala, THEWILL

Guinea Insurance Plc Battles Diminishing Returns

December 01, (THEWILL) — Guinea Insurance Plc recorded a massive post-tax profit decline of 93.2 percent in the nine months of the year. According to its interim Q3 2025 report filed with the Nigerian Exchange (NGX), the profit after...

Refineries: Uncertainties Mount as NNPC Sets June 2026 Target to Alter Ownership Model

November 30, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPCL) is shopping for ‘partners’ to revive its moribund refineries that have lay comatose for over a decade. This is coming on the heels of the humongous resources invested...

Cardoso Highlights Monetary Policy Priorities For 2026

November 29, (THEWILL) — The governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, has outlined the monetary policy priorities of the apex regulator for 2026, emphasising that there will be no return to governments deficit financing. Cardoso, disclosed this...

Edo Govt Denies Revocation Of Presco Plc Land Titles

November 27, (THEWILL) — The Edo State Government has denied claims that it revoked the land titles of Presco Plc, one of Nigeria’s leading agribusiness companies. Multiple sources quoted a senior government official who disclosed that the state only...

Dangote Picks Honeywell to Help Fulfill Expansion Plan

November 25, (THEWILL) — Dangote Refinery has tapped Honeywell International Inc. to open new tab to provide services and help double its refining capacity to 1.4 million barrels per day by 2028. Analysts describe this as the clearest indication...

CBN Proposes Five-Year Ban on Serial Dud Cheque Issuers

November 25, (THEWILL) — The Central Bank of Nigeria (CBN) has proposed stricter sanctions for individuals who repeatedly issue dud cheques, including an automatic five-year ban each time a repeat offence occurs. The measure is part of a new...

CBN Issues Directive Defining HoldCo Minimum Capital After Earnings Delays

November 25, (THEWILL) — The Central Bank of Nigeria (CBN) has issued a fresh directive clarifying how Financial Holding Companies and banks should compute their minimum paid-up capital. This follows weeks of uncertainty that contributed to delays in the...

FG Earnings from e-Money Transfer Levy Soars 218% in 12 Months

November 24, (THEWILL) — The Federal Government raked in N47.87 billion from digital cash switch fee, otherwise called Electronic Money Transfer Levy (EMTL) in November, 2025, a whopping 217.8 percent rise against N15.06 billion garnered in the equivalent period...

Financial Inclusion: NIBSS Enhancing Capacity for Digital Innovation in Africa

November 23, (THEWILL) — Recently, the global economy has focused on the Nigeria Inter-Bank Settlement System (NIBSS). This attention stems from the energy and dedication the organisation has shown in promoting the digital payment system across Africa. NIBSS offers the...

CBN Harps On Stronger Monetary, Fiscal Coordination For Economic Stability

November 20, (THEWILL) — The Central Bank of Nigeria (CBN) has said that closer coordination between monetary and fiscal authorities is essential to building a stronger and more resilient financial system. The Deputy Governor, Corporate Services, CBN, Ms Emem...

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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