Sam Diala, THEWILL

Equity Investors Gain N3.73trn in Four Months

May 04, (THEWILL) – Investors in the Nigerian equity market gained N3.73 trillion in four months (January – April 2025), fueled by robust sectoral earnings and the stability the Central Bank of Nigeria (CBN) monetary policies offered. A review of...

FirstHolCo’s Non-Performing Loans Ratio Spikes 10.20% Amid Threat to Asset Quality

April 28, (THEWILL) – FirstHoldCo's 2024 results show a significant boost in earnings and profit, but also highlight some areas of concern, one of which is the increase in the Non-Performing Loans (NPLs) ratio.   FirstHolCo recorded a 10.20 percent hike...

TCN Unbundling Signals No Relief from Energy Pains

April 27, (THEWILL) – Contrary to claims by the authorities, there is an indication that the recent unbundling of the Transmission Company of Nigeria (TCN) into two distinct entities will not alter the lingering energy challenge that has plagued...

Fiscal Outlook Worsens Amid High Uncertainty, IMF Warns

April 24, (THEWILL) – A publication, ‘Fiscal Policy Under Uncertainty’, by the International Monetary Fund (IMF), was unveiled on Wednesday, April 23, 2025. It highlights the challenge of wading through the complexities of a troubled global economy compounded by...

Rising Global Debt: IMF Wants Nigeria, Others To Enthrone Fiscal Propriety

April 24, (THEWILL) – Amid heightened concerns over imminent challenges which the prevailing global uncertainty would create, the International Monetary Fund (IMF) has urged Nigeria and other emerging countries to adopt urgent measures that would enable them to wade through...

Banking Recapitalisation: NIBSS Daunting Task Resonates at Stakeholders’ Forum

April 20, (THEWILL) – Speakers, participants and other guests at the recently concluded 36th edition of the Central Bank of Nigeria (CBN) Seminar for Finance Correspondents and Business Editors held in Abuja, agreed that implementing the banking recapitalisation scheme poses...

First HoldCo Records 105.71% Surge in Revenue to N3.213trn

April 20, (THEWILL) – First HoldCo (formerly FBN Holdings) Plc has released its audited financial results for the year ended December 31, 2024, reporting a 105.71 percent rise in gross earnings to N3.213 trillion - from N1.562 trillion achieved...

CSCS Records Stellar Performance With Double-Digit Growth in Revenue, PBT

April 20, (THEWILL) – Central Securities Clearing System (CSCS) Plc has released its audited consolidated and separate financial statements for the year ended December 31, 2024, delivering a robust performance marked by double-digit growth in revenue and profitability. Total revenue...

Bank Recapitalisation Will Build Nigeria’s $1trn Economy — CBN

April 15, (THEWILL) – The Deputy Governor, Corporate Services, Central Bank of Nigeria (CBN), Emem Usoro, has said the bank recapitalisation exercise being implemented by the apex bank is a critical step towards achieving Nigeria’s ambition of building a...

Transcorp Hotels Plc: Revenue Haul Soars on Cost Efficiency, Assets Boost

April 14, (THEWILL) – Transcorp Hotel Plc (a subsidiary of Transnational Corporation Plc) experienced a strong year in 2024, with significant topline and bottom-line increase, as well as improved financial leverage. Transcorp Hotels reported a record revenue of N70.13 billion,...

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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