Sam Diala, THEWILL

CSCS Launches USSD Code Service

May 18, (THEWILL) – The Central Securities Clearing System PLC (CSCS) has launched  the *7270#, its Unstructured Supplementary Service Data (USSD) code service.   The USSD code service is an innovative solution designed to enhance the ease and accessibility of investment services for...

FAAC: Electronic Money Transfer Levy Rises 81.57% Y-t-D In April 2025

May 18, (THEWILL) – The Electric Money Transfer Levy (EMTL) component of the Federation Accounts Allocation Committee (FAAC) rose by N53.71 billion in April 2025 hitting N119.55 billion.   This constitutes an 81.57 percent increase year-to-date compared to a total of...

UBA Leads as 10 Banks Haul N783.29bn in Digital Banking Revenue

May 12, (THEWILL) – United Bank for Africa Plc (UBA) came top in digital banking revenue among 10 selected Nigerian deposit money banks (DMBs) according to data from their audited FY 2024 financial statements.   The e-banking income includes revenue from...

Lafarge Africa Plc Shareholders Celebrate Remarkable 2024 Financial Performance

May 11, (THEWILL) – Lafarge Africa Plc successfully held its 66th Annual General Meeting (AGM) in Lagos recently during which its members applauded the company’s impressive performance in the FY 2024. The AGM, attended by shareholders, board members, and stakeholders, reviewed...

NNPCL’s Refineries Approaching Status of National Artifacts

May 11, (THEWILL) – With the new management team recently constituted by President Bola Tinubu for the behemoth Nigeria National Petroleum Company Limited (NNPCL) in place, one fact is certain: The unending maintenance of the nation’s four refineries will...

BUA Foods Plc Achieves Record Earnings Amid Industry Challenges

May 11, (THEWILL) – BUA Foods Plc’s earnings in Q1 2025 were the highest in the history of the 37-year-old company, with a net profit after tax of N125.28 billion, representing a 124 percent increase from N55.82 billion in...

First HoldCo Profit Plunges 18% in Q1 2025

May 05, (THEWILL) – First Holdco Plc.’s net profit fell by about 18 percent year-on-year in the first quarter of 2025 in what appears to be a negative start to the year. The profit before tax declined from N234.3...

NCDMB Unveils Selection Criteria For Inaugural Nigerian Content Awards

May 05, (THEWILL) – The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, has announced the detailed selection criteria for the inaugural Champions of Nigerian Content Awards, designed to honour outstanding contributions to local...

Seplat’s Success Paves Way for Expanded Local Content Initiatives

May 04, (THEWILL) – Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its interim unaudited results for the three months ended March 31, 2025 --...

CBN Reports Strong Financial Performance in 2024

May 04, (THEWILL) – The Central Bank of Nigeria (CBN) has released its 2024 financial statements. The results reflect the Bank’s commitment to economic stability, sound policy implementation, and strategic financial management, highlighting improvements in external reserves, asset quality, cost...

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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