Sam Diala, THEWILL

Dangote/NUPENG Face-off: A Battle Between Union’s Interest and Free Enterprise 

September 14, (THEWILL) — Fearing a possible breakdown of law and order if the lingering dispute between the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG and Dangote Refinery leads to fuel scarcity nationwide, the Directorate of State...

Planned Privatisation of Refineries – A Game-Changer

September 14, (THEWILL) — The plan to privatise Nigeria’s moribund refineries would end decades of waste, inefficiency and corruption in the oil and gas sector. Previous attempts to sell or privatize the resource-gulping refining facilities have been resisted by...

Afrinvest Predicts 21.95% GDP Growth, N1,500/$ For $1tn Economy

Says banks raised N2.5tn new capital in H1 2025 September 14, (THEWILL) — Nigeria’s rebased Gross Domestic Product needs 21.95 per cent growth at N1,500 per dollar exchange rate to achieve $1tn economy target by 2031, Afrinvest West Africa Limited...

UBA Extends N157bn Rights Issue Application to September 19, Amid BumperSavings Promo

September 08, (THEWILL) — United Bank for Africa (UBA) has announced an extension of its ongoing rights issue application, originally scheduled to close on Friday, 5th September 2025, by 14 days.   Following approval from the Securities and Exchange Commission, the...

Dangote Refinery: One Year of Petrol Local Production Brings Stability to Economy

September 07, (THEWILL) — The production of petrol by the Dangote Petroleum Refinery, which commenced a year ago, has brought the predicted stability to the economy while boosting job opportunities, eliminating queues at the petrol stations and ending total...

Afrinvest Celebrates 30 Years of Innovation, Unveils 20th Nigerian Banking Sector Report

September 07, (THEWILL) — Afrinvest (West Africa) Limited, Nigeria’s leading investment and financial advisory firm, is set to celebrate a dual milestone: 30 years of innovation and leadership in financial services, and unveiling of the 20th edition of its...

Ojulari’s Summer Lessons @ NNPCL

September 01, (THEWILL) — Engr. Bashir Bayo Ojulari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, has been on summer lessons in the organisation since August. Since his appointment to the enviable position last April,...

UBA SuperSavers’ Promo Sparks Prospects of Dividend Boom

September 01, (THEWILL) — The recently inaugurated United Bank for Africa (UBA) Supersavers’ Promo, which runs from September 1, 2025, to May 31, 2026, has ignited positive reactions among investors who are optimistic of high dividend payout following increased earnings...

FAAC: EMTL Funds Swell By 181.2% To N37.6bn in July 2025 

August 31, (THEWILL) — The Electronic Money Transfer Levy (EMTL) funds climbed to an all-time high of N37.60 billion in July 2025, constituting a 181.2 percent increase, compared with N13.37 billion recorded in July 2024, and a 28.9 percent...

Recapitalisation: GTBank Boosts Capital Base With N365.9bn Injection

August 31, (THEWILL) — Guaranty Trust Holding Company Plc has injected N365.9bn into its banking subsidiary, Guaranty Trust Bank Limited. This is aimed to meet the new minimum capital requirement of N500 billion set by the Central Bank of...

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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