Sam Diala, THEWILL

Wema Bank Accumulates N221.35m in Multiple Penalties over Regulatory Violations

June 15, (THEWILL) — Wema Bank Plc has demonstrated a persistent pattern of regulatory violations over the past five years, placing it among organisations that operate within a culture of subtle corporate deviation. An examination of the bank's financial statements...

Naira Sustain Recovery on 3rd Anniversary of Forex Reform

June 14, (THEWILL) — The Nigerian naira has sustained its recovery following a steep decline in value as the foreign exchange reform initiated in 2023 reached its third anniversary on June 14, 2026.The Central Bank of Nigeria (CBN) announced...

United Capital Expands into East Africa, Secures Licence to Operate in Rwanda, Ethiopia

June 14, (THEWILL) — United Capital, a leading pan-African investment banking and financial services group, has achieved a major milestone in its continental expansion strategy with the successful acquisition of investment banking licences in Ethiopia and Rwanda. With these approvals,...

FG Unveils Rev360 Platform To Boost Tax Compliance

June 11, (THEWILL) — The Federal Government, on Wednesday, launched Rev360, a digital tax administration platform designed to improve tax compliance, simplify taxpayer interactions and strengthen revenue collection as part of ongoing reforms to modernise Nigeria’s tax system. The platform...

SKLD Integrated Services Limited Quotes ₦7.30bn Commercial Papers On FMDQ Exchange

June 11, (THEWILL) — In continued demonstration of its unwavering commitment to deepening the Nigerian capital markets, FMDQ Securities Exchange Limited has approved the quotation of SKLD Integrated Services Limited’s ₦0.86 billion Series 1 and ₦6.44 billion Series 2...

A NATION UNEASE: Food Crisis Looms as Insecurity Worsens

June 07 (THEWILL) — On Thursday, June 4, Thailand donated 12 metric tonnes of rice worth $22,000 to aid vulnerable communities in Nigeria, as humanitarian agencies caution that up to 34.7 million Nigerians may experience severe food insecurity this...

How DBN is Fueling SME Development Through Affordable Credit, Targeted Capacity Building

June 07, (THEWILL) — The Development Bank of Nigeria (DBN) Plc is strengthening its commitment to the growth of micro, small, and medium enterprises (MSMEs) – a sector that accounts for more than 90 percent of employment through the...

Dangote Refinery Ramps Up to 700,000 Barrels Per Day, Strengthening Africa’s Energy Landscape

June 04, (THEWILL) — Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process Licensors, marking a significant milestone in the facility's operational...

OB3-Gas Pipeline Project Positions Nigeria for Transformative Industrialisation

-Marginalises Host States, Communities June 01 (THEWILL) — Nigeria has achieved a significant milestone in her gas development plan with the successful completion of the River Niger crossing – a technically challenging section of the Obiafu-Obrikom-Oben (OB3) pipeline project, that...

Stanbic-IBTC Group Penalised N1.26bn for Multiple Regulatory Breaches in Five Years

May 31 (THEWILL) — Stanbic-IBTC Group has consistently demonstrated a pattern of numerous regulatory violations over a five-year period, establishing itself as one of the most noncompliant entities with the regulations imposed by various financial services authorities in Nigeria. In...

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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