Sam Diala, THEWILL

FCMB Honours Awujale’s Legacy at Ojude Oba 2026

May 27, (THEWILL) — FCMB Group Plc has reaffirmed its commitment to preserving cultural heritage and supporting the economic ecosystems that grow around enduring cultural institutions, describing the Ojude Oba festival as a powerful platform for unity, enterprise, identity,...

Lagos Unveils New Tenancy Bill to Regulate Rent Hikes, Estate Agency Fees

May 27, (THEWILL) — The Lagos State Government has unveiled plans to introduce a new tenancy law aimed at curbing arbitrary rent increases, illegal charges and other exploitative practices in the real estate sector. The State Commissioner for Housing, Moruf...

Seplat’s 5-Year Strategy Drives Major Boost in Local Content Participation

May 25, (THEWILL) — The five-year growth plan recently unveiled by Seplat Energy Plc, will significantly advance Nigeria's local content policy by increasing indigenous participation, enhance technical capacity, and boost domestic energy supplies. The unveiling of the 5-year plan comes...

Dangote’s Upcoming IPO Signals Sunset on NNPC Refineries

May 24, (THEWILL) — The anticipated initial public offering (IPO) by Dangote Petroleum Refinery and Petrochemicals Limited, set for September 2026, will signify a pivotal transformation in Nigeria's energy sector, greatly influencing the economic progress of the African continent. Conversely,...

Lagos Revenue Hit ₦2.6trn In 2025, IGR Rose By 18.5%

May 23 (THEWILL) — Lagos State recorded a total revenue of ₦2.6 trillion in 2025, marking a 16 percent increase from the ₦2.3 trillion generated in 2024, the Commissioner for Finance, Abayomi Oluyomi, has disclosed. Oluyomi revealed the figures on...

Nine Ships Arrive Lagos Ports with Petroleum Products, Others

May 18, (THEWILL) — No fewer than nine vessels have berthed at the Lekki, Tin-Can Island, and Apapa ports in Lagos State, awaiting clearance to discharge petroleum products including Premium Motor Spirit (petrol), aviation fuel, diesel, gasoline, and bulk...

Tony Elumelu Set to Join Seplat Board After $500m Stake

May 18, (THEWILL) — Multi-billionaire chairman of United Bank for Africa (UBA) Plc, Mr. Tony Elumelu, is expected to be formally elected to the board of Seplat Energy Plc on Wednesday, May 20, 2026, as shareholders gather virtually for...

Fidelity Bank’s Stock Surges 20.5% Following Record FY2025 Performance

May 18, (THEWILL) — Fidelity Bank Plc's shares experienced a significant increase of 20.5 percent (Year-to-Date) on the Nigerian Exchange (NGX) at the conclusion of trading on Friday, May 15, 2026. This highlights the rush among investors for the...

Concern Grows Over NNPCL’s Latest Refinery Revamp Plan

May 17, (THEWILL) — The recent declaration by the Nigerian National Petroleum Company Limited (NNPCL) regarding its new agreement with Chinese companies to restore two of the country's long-neglected refineries has raised concerns among stakeholders and the general public. The...

PenCom Grants PFAs Approval to Invest in Dangote Refinery

May 17, (THEWILL) — The National Pension Commission (PenCom) has granted Pension Fund Administrators (PFAs) special regulatory approval to invest pension assets in the planned Initial Public Offering of Dangote Petroleum Refinery & Petrochemicals FZE, waiving some of the...

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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