Sam Diala, THEWILL

The Eroding Future of a Region: How Insecurity is Driving Northern Nigeria into Economic Regression 

July 26, (THEWILL) — Northern Nigeria, once regarded as the nation's agricultural powerhouse and demographic engine, is facing what may be its deepest socio-economic crisis in decades. The cause: Insecurity. Across the North-East, North-West and parts of the North-Central geo-political...

Monetary Tightrope: CBN Holds Benchmark Rate at 26.5% as Economy Awaits Shift from Inflation-Fight to Growth

July 26, (THEWILL) — The Central Bank of Nigeria (CBN) has again chosen policy caution over monetary easing, retaining the Monetary Policy Rate (MPR) at 26.5 percent despite a steady moderation in inflation, which declined to 15.91 percent in...

Nigerian Stock Market Extends Rally as Investors Add N2.53tn on Banking-Led Buying Spree

July 26, (THEWILL) — Nigeria’s equities market closed the week on a positive note as sustained demand for banking stocks and selected blue-chip counters extended the market’s rally, adding approximately ₦2.53 trillion to investors’ wealth. The Nigerian Exchange (NGX) All-Share...

Recapitalisation: Analysts Commend FCMB’s Fiscal Turnaround

Say FY2025 Earnings Most Impactful in Company’s Recent History July 20, (THEWILL) — FCMB Group Plc has entered what financial analysts describe as one of the most decisive phases in its corporate history, following a remarkable turnaround in its...

Nigeria Rising!: CBN Builds $52bn Financial Shield, But Fiscal Weaknesses Still Threaten Reform Gains

July 19, (THEWILL) — For the first time in several years, the Central Bank of Nigeria (CBN) possesses a significantly larger arsenal to defend the naira without resorting to administrative controls that previously distorted the foreign exchange market. The...

Despite New Tax Regime, States, LGs Sustain Illegal Levies on Logistics, Courier Firms

July 19, (THEWILL) — Despite the tax reform framework in Nigeria and the associated laws, the initiative has not delivered the expected relief to the business environment, consequently compromising the operational landscape to the detriment of logistics and courier...

Nigeria’s Prolonged Silence on Budget Implementation Reports: A Dangerous Gap in Fiscal Transparency

July 13, (THEWILL) — The Federal Government's failure to publish Nigeria's Budget Implementation Report (BIR) beyond the third quarter of 2025 should concern every Nigerian. While budget preparation and appropriation often dominate public discourse, budget implementation is where governance...

FCMB’s Q1 2026 Performance Signals Strength for Post-Recapitalisation Era

July 12, (THEWILL) — FCMB Group has commenced the 2026 financial year with a first-quarter performance indicative of the institution entering a new phase characterized by growth, resilience, and strategic significance. In addition to the headline figures, the group's...

NAICOM Bars Insurance Companies with Outstanding Claims from Licence Renewal

July 07, (THEWILL) — With several days to the insurance recapitalisation deadline of July 31st 2026, the National Insurance Commission, NAICOM, has disclosed that it will not re-license any company with outstanding claims. In a letter to all...

Nigeria’s Tax Reform Gains at Risk as Insecurity, Food Crisis Deepen

July 06, (THEWILL) — The challenges of insecurity and food crisis pose significant threat to the ambitious gains of Nigeria’s tax reforms as implementation of the landmark fiscal initiative advances into the second half of the year. The Nigeria Revenue...

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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