Sam Diala, THEWILL

Interview: ‘The Success of the Tax Reforms Will be Measured by their Tangible Impact on Nigerians’

August 02, (THEWILL) — The President and Chairman of Council, Chartered Institute of Taxation of Nigeria, CITN, Mr Innocent Ohagwa, is passionate about Nigeria’s new tax laws which is part of the broader fiscal reform drive of the Federal...

Dangote’s $2.5bn Capital Raise Casts Long Shadow Over Nigeria’s Costly Idle Refineries

August 02, (THEWILL) — As worries increase regarding the persistent issues surrounding Nigeria's expensive inactive refineries situated in Port Harcourt, Warri, and Kaduna, the situation appears to have worsened with the advent of Dangote Refinery, which could change the...

37 Oil Block Awards Open New Frontiers for Local Content Growth

July 27, (THEWILL) — The emergence of 31 companies as winners of 37 oil and gas blocks in in the recently concluded Nigeria's 2025 Licensing Round represents a strategic opportunity to boost the local content agenda – a policy...

The Eroding Future of a Region: How Insecurity is Driving Northern Nigeria into Economic Regression 

July 26, (THEWILL) — Northern Nigeria, once regarded as the nation's agricultural powerhouse and demographic engine, is facing what may be its deepest socio-economic crisis in decades. The cause: Insecurity. Across the North-East, North-West and parts of the North-Central geo-political...

Monetary Tightrope: CBN Holds Benchmark Rate at 26.5% as Economy Awaits Shift from Inflation-Fight to Growth

July 26, (THEWILL) — The Central Bank of Nigeria (CBN) has again chosen policy caution over monetary easing, retaining the Monetary Policy Rate (MPR) at 26.5 percent despite a steady moderation in inflation, which declined to 15.91 percent in...

Nigerian Stock Market Extends Rally as Investors Add N2.53tn on Banking-Led Buying Spree

July 26, (THEWILL) — Nigeria’s equities market closed the week on a positive note as sustained demand for banking stocks and selected blue-chip counters extended the market’s rally, adding approximately ₦2.53 trillion to investors’ wealth. The Nigerian Exchange (NGX) All-Share...

Recapitalisation: Analysts Commend FCMB’s Fiscal Turnaround

Say FY2025 Earnings Most Impactful in Company’s Recent History July 20, (THEWILL) — FCMB Group Plc has entered what financial analysts describe as one of the most decisive phases in its corporate history, following a remarkable turnaround in its...

Nigeria Rising!: CBN Builds $52bn Financial Shield, But Fiscal Weaknesses Still Threaten Reform Gains

July 19, (THEWILL) — For the first time in several years, the Central Bank of Nigeria (CBN) possesses a significantly larger arsenal to defend the naira without resorting to administrative controls that previously distorted the foreign exchange market. The...

Despite New Tax Regime, States, LGs Sustain Illegal Levies on Logistics, Courier Firms

July 19, (THEWILL) — Despite the tax reform framework in Nigeria and the associated laws, the initiative has not delivered the expected relief to the business environment, consequently compromising the operational landscape to the detriment of logistics and courier...

Nigeria’s Prolonged Silence on Budget Implementation Reports: A Dangerous Gap in Fiscal Transparency

July 13, (THEWILL) — The Federal Government's failure to publish Nigeria's Budget Implementation Report (BIR) beyond the third quarter of 2025 should concern every Nigerian. While budget preparation and appropriation often dominate public discourse, budget implementation is where governance...

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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