Sam Diala, THEWILL

Nigerians Fund $18bn Refinery Repairs With N135,000 Per Capita

July 21, (THEWILL) — The $18 billion reportedly spent on the repairs of the Nigerian National Petroleum Company Limited (NNPCL) refineries constitutes a per capita contribution of N135,000 by 200 million Nigerians over 10 years.   Although various figures had featured...

GTCO Records 66.8% Gain Y-t-D, Emerges First Banking Stock Above N100

July 20, (THEWILL) — Shares of Guaranty Trust Holding Company Plc (GTCO) recorded a 66.8 percent gain, year-to-date, as of Friday, July 18, 2025, closing at N95.05 per share against N57 it opened at the beginning of the year. In...

Industry Leaders Defend Local Content, Rally Behind NCDMB at NOG Energy Week

July 20, (THEWILL) — At the NOG Energy Week in Abuja, industry leaders robustly defended Nigeria’s local content policy, rejecting claims that it inflates business costs in the oil and gas sector.   They cautioned that such criticisms jeopardize the nation’s...

Nigeria Green Bond Market Development Programme Launches Sustainable Finance Bootcamp

July 20, (THEWILL) — The Nigeria Green Bond Market Development Programme (NGBMDP), a strategic partnership of FMDQ Group PLC and Financial Sector Deepening Africa (FSD Africa), has announced the launch of the Sustainable Finance Bootcamp. This is a tailored programme designed to empower Nigerian businesses by providing them with the essential tools,...

Capital Market Drives Climate Solution as NGX Group Seeks Funding Support for N-Zero Programme

July 14, (THEWILL) — Nigerian Exchange Group (NGX Group), a leading integrated market infrastructure provider in Africa, has signed a funding agreement with DEG Impulse gGmbH, a subsidiary of the German Development Finance Institution, DEG - Deutsche Investitions-und Entwicklungsgesellschaft...

NCDMB’s Oil Industry Support Spurs Manufacturing, Backward Integration 

July 13, (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB) has stepped up support for the oil and gas industry towards engaging in production activities such as manufacturing, thus enhancing value adding activities that boost employment.   With increased...

Vice President Commissions Agric 375 Revitalised Tractors

July 13, (THEWILL) — The Vice President Kashim Shettima GCON, has commissioned over 375 tractors for use in mechanized farming revitalized by the National Agency for Science and Engineering Infrastructure (NASENI) under the National Assets Restoration Programme at the...

Jaiz Bank Reports N24.4bn billion Profit for FY 2024, To Pay 7 Kobo Dividend

July 13, (THEWILL) — Jaiz Bank Plc, Nigeria's pioneer Non-Interest Bank has released its full year audited result and accounts ended December 31, 2024, with profit after tax (PAT) of N23.48 billion.   The bank, in a press statement, reported an...

UBA Announces Strategic Expansion Into Key Markets Across Africa

July 10, (THEWILL) — Africa's Global Bank, United Bank for Africa Plc (UBA), has announced a strategic expansion plan into key markets across Africa as it consolidates its global spotlight in the highly competitive industry. Coming 21 years after its...

Nigeria Downplays Critical Challenges While Celebrating IMF Report

July 07, (THEWILL) — The Nigerian Government last week celebrated the verdict of the International Monetary Fund (IMF) which applauded the positive results of the ‘bold and difficult’ reforms of the present administration. The IMF’s latest Article IV Consultation affirms...

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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