Sam Diala, THEWILL

Port Harcourt Refinery: Debunking NNPCL’s Crude, Unrefined Tales

June 08, (THEWILL) – The old Port Harcourt Refinery has been rested – at least, for now. The 60,000 barrels-per-day refining facility is shut for maintenance. Until the exercise is completed, perhaps in another six months, the 60-year-old plant...

Fidelity Bank Leads Volume Chart as ASI-Index, Market Cap Rise

June 08, (THEWILL) – Trading in top three equities led the gains recorded in the first trading week of June, 2025, as recorded by the NGX.   The top three stocks namely Fidelity Bank Plc, Legend Internet Plc and Guaranty  Trust Holding...

Oando Profit-After-Tax up 267% to N220bn in FY2024

June 08, (THEWILL) – Oando PLC, Africa’s leading integrated energy company listed on both the Nigerian Exchange Group (NGX) and Johannesburg Stock Exchange (JSE), posted robust Audited Full Year (FY) 2024 financial results with a 44% increase in revenue...

VAT: Imo Notches Up a Step Among Least Performing States in Q1 2025

June 02, (THEWILL) – Imo, South-East Nigeria, climbed up a step in the first quarter of 2025 from its bottom position as the least performing state in Value Added Tax (VAT) collection as of 2024. According to data furnished by...

Investors Gain N7.69trn Y-t-D in May As Domestic Portfolio Sustains Rally

June 01, (THEWILL) – Investors on the Nigerian Exchange (NGX) recorded a significant gain of N7.69 trillion in market capitalisation, year-to-date, in the month of May, as increased domestic portfolio showed sustained upward trend.   Aside from the heightened tempo in...

Ponzi Schemes Threat to Financial Stability, Investor Confidence – SEC

June 01, (THEWILL) – The Securities and Exchange Commission (SEC) has once again warned of the dangers of Ponzi schemes, highlighting their devastating impact on investor confidence, financial stability and the Nigerian capital market.    This was the central theme of...

United Capital Asset Management Unveils New Investment Fund for Children

June 01, (THEWILL) – United Capital Asset Management (UCAML), a leading asset management company and subsidiary of United Capital Group, has announced the official launch of its latest mutual fund – The Children Investment Fund (CIF) at an event held at the...

PenCom to Leverage Technology as New Benefits Approval Begins June 1, 2025

May 26, (THEWILL) – As the June 1, 2025 take-off date for enforcement of the new benefits approval process draws near, the Pension Commission of Nigeria (PenCom) will, as usual, leverage on technology to drive the regulation.   Pursuant to its...

President Tinubu’s 2nd Anniversary: The Journey So Far and 2027 Politics…

May 25, (THEWILL) – On Thursday, May 29, 2025, the Bola Ahmed Tinubu Administration would have completed two years in office. That is, two years shy of his constitutionally mandated four-year tenure. During his inauguration on May 29, 2023, the...

Equity Investors Hunt Fidelity as Stock Climbs

May 25, (THEWILL) – Fidelity Bank was the toast of equity investors during the week as the stock drove NGX early rally on Friday. This was sparked by the massive hunt for bank stocks as investors hustle to take...

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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