Sam Diala, THEWILL

Nestlé Nigeria Posts N39.6bn Pre-Tax Profit in Q3 2025, Positive Outlook for Backward Integration

November 17, (THEWILL) — Nestle Nigeria Plc, experienced a strong rebound in Q3 2025 after seeing sharp losses in 2023 and 2024 due to currency devaluation, and this is good news for backward integration. The foremost consumer goods firm has...

Nigeria Emerges Winner As NIBSS Instant Payment Attains Africa’s First Mature Inclusivity

November 17, (THEWILL) — At the just-concluded State of Inclusive Instant Payment Systems (SIIPS) in Africa 2025 Report Launch held in Ezulwini, Eswatini, on November 12–14, 2025, Nigeria emerged as the winner. This followed the recognition of Nigeria...

Refineries: NNPC Signals the Conclusion of Business-as-Usual Era

November 16, (THEWILL) — After many years of functioning within the infamous landscape of conventional business practices, marked by a culture of wastefulness, inefficiency, and corruption, there are signs that the Federal Government, through the Nigerian National Petroleum Company...

‘How CBN’s Aggressive Interest Rate Hikes Upped Demand for Fixed Income Instruments’

November 16, (THEWILL) — The decision of the Central Bank of Nigeria to embark on aggressive interest rate hikes boosted investors’ demand for fixed income instruments in 2024, the President, Association of Issuing Houses of Nigeria, Kemi Awodein, has...

PenCom Extends Pension Capital Compliance Deadline to June 2027

November 16, (THEWILL) — The National Pension Commission (PenCom) has officially extended the deadline for compliance with its revised minimum capital requirements for Licensed Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), granting existing operators an additional six...

NIBSS Emerges Sole African Payment System To Achieve Mature Inclusivity Level

November 13, (THEWILL) — Nigeria’s Inter-Bank Settlement System (NBISS) has emerged as the only African payment system to achieve a mature inclusivity level. This was announced at the launch of the State of Instant Payment Systems (SIIPS) 2025 report in...

Africa’s Infrastructure Transformation Requires Partnership, Inclusiveness – Alawuba

November 11, (THEWILL) — The Group Managing Director (GMD) of United Bank for Africa (UBA), Dr Oliver Alawuba, has said that achieving the much-desired infrastructure transformation for Africa entails partnership, leveraging on the inclusiveness and competitiveness of the stakeholders. Alawuba...

Standard Chartered Bank To Close Selected Nigerian Branches From January 15, 2026

November 10, (THEWILL) — Standard Chartered Bank Nigeria Limited has announced plans to close a number of its branches across the country effective 15 January 2026, as part of its ongoing strategy to strengthen digital banking and streamline...

NIBSS’ National Payment Stack Records First Live Transaction

November 10, (THEWILL) — Approximately five months following the launch of the National Payment Stack (NPS) by the Nigeria Inter-Bank Settlement System (NIBSS) in June 2025, this innovative digital payment infrastructure has achieved its inaugural successful transaction – a...

First HoldCo Plc Eyes N30tn Assets on Strong 9M Performance

November 09, (THEWILL) — First HoldCo Plc has reported a robust financial performance for the nine months ending September 30, 2025, moving closer to a N30 trillion balance sheet by the end of the year. This follows the growth...

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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