Sam Diala, THEWILL

Emergency Rule: Rivers Growth Prospect Dims Amid N683bn Debt

April 13, (THEWILL) – The prospect of oil-rich Rivers State recovering from the calamitous impact of emergency rule   remains uncertain, with its debt hitting N683 billion as of December 31, 2024. THEWILL reports that industry experts have expressed concern over...

Transcorp Posts N136bn In Pre-Tax Profits As Revenue Soars By 107%

April 10, (THEWILL) – Transnational Corporation Plc (Transcorp) has reported a strong 2024 financial performance, with revenue surging by 107 percent to N407.9 billion from 196.9 billion in 2023 and profit before tax increasing by 132.41 percent to...

Fidelity Bank Plc Deepens Stability as Shareholders’ Funds Soar 105.32%

April 07, (THEWILL) – Fidelity Bank Plc consolidated its place in the top industry leadership league with its shareholders’ funds surging to N897.87 billion in FY 2024, from N437.30 billion in the previous year, constituting a 105.32 percent growth.   The...

NNPCL Without Mele Kyari’s Storytelling 

April 06, (THEWILL) – The change of baton at the Nigerian National Petroleum Company Limited (NNPCL) on April 2, 2025, ended the tenure of Mallam Mele Kyari as the Group Chief Executive Officer (GCEO) of the behemoth national oil...

NCC Unveils Draft Guidance on Unclaimed Recharges, Calls for Stakeholder Input

April 06, (THEWILL) – Following recent reforms, the  Nigerian Communications Commission (NCC) continues to promote initiatives that will ensure that  telecommunications operators offer quality service delivery to their consumers. Part of this measure is the Draft Guideline on Unclaimed Recharges to...

United Capital Plc Approves N14.4bn Dividend Payout at 12th AGM

April 06, (THEWILL) – United Capital Plc, a leading pan-African financial and investment services group, held its 12th Annual General Meeting (AGM) at the Transcorp Hilton Hotel, Abuja, where shareholders approved a total dividend payout of N14.4 billion for...

Zenith Bank Plc’s Assets Expansion Points to Strong Recapitalisation Base

March 31, (THEWILL) – Nigeria’s largest bank by market capitalization, Zenith Bank Plc, expanded its balance sheet by a remarkable 47.2 percent to N30 trillion in FY 2024 against N20.36 trillion recorded in the previous year (FY 2023). According...

NAIRA-FOR-CRUDE COLLAPSE: More Pain, Hardship as NNPCL Resumes Costly Importation of Petrol 

March 30, (THEWILL) – Many Nigerians face daunting social and economic challenges against the backdrop of renewed importation of petroleum products in the country, about six months after the practice was officially suspended. Lately, there were concerns about the far-reaching...

UBA Plc: E-Banking Revenue Soars by 88%

March 30, (THEWILL) – Africa’s Global Bank, United Bank for Africa Plc, recorded N236.30 billion in e-banking revenue on a strong financial inclusion drive, according to its audited financial statement for the period ended December 31, 2024. This constitutes an...

Forex Crisis Imminent Amid Surge in Imported Petroleum Products

March 24, (THEWILL) – Nigeria is in for a fresh foreign exchange crisis as the country gradually returns to increased importation of petroleum products which it had assured the world was over.   After decades of massive importation of petroleum products,...

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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