Sam Diala, THEWILL

DAAR Communications Announces Retirement Of Senior Executives

August 23, (THEWILL) – DAAR Communications PLC, the parent company of African Independent Television (AIT), Raypower, and Faaji FM, has announced the retirement of several key members of its executive management team, including Mr Tony Akiotu and Dr Oluwatosin...

Transcorp Plc’s Pre-Tax Profit Surges By 283% To N70.92bn In H1 2024

August 23, (THEWILL) – Transcorp Plc has reported an impressive 283% increase in profit before tax, reaching N70.92 billion in the first half of 2024. This increase, not only exceeded the company’s full-year pre-tax profit for 2023 by...

Afrigopay Announces Upgraded AfriGO Settlement Process For Instant Credit To POS Merchants

August 21, (THEWILL) – Afrigopay Financial Services Limited (AFSL) has announced the successful launch of instant POS settlement for AfriGO card transactions, marking a significant advancement in the global payment landscape. This pioneering service provides merchants with...

Unity Bank Champions Digital Literacy, Innovation For Youth Empowerment

August 21, (THEWILL) – Unity Bank Plc recently held a high-impact webinar to explore the role of digital technology in sustainable development. This was in line with its commitment to supporting youth empowerment and technological innovation, and creating...

Group Flays Tinubu’s Economic Policies, Says They May Not Attract Investors

August 20, (THEWILL) – The Private Equity and Venture Capital Association of Nigeria (PEVCA), the industry and advocacy body promoting private equity and venture capital in the country, has said that the policies of President Bola Tinubu-led government...

H1 2024: Union Bank Grows Pre-Tax Profit By 20% To N79.8bn

August 20, (THEWILL) – Seven months after delisting on the Nigerian Exchange in November 2023, Union Bank of Nigeria has reported a profit before tax of N79.8 billion during the half year ended June 30, 2024, compared with...

Ecobank Pumps N14.35bn Facilities Into Economy in Six Months

August 19, (THEWILL) – Amid the country’s troubled economy, Ecobank Nigeria Limited, injected N14.35 billion through ‘Loans and Advances to Customers’ in six months (January – June 2024). The bank’s half-year financial statements filed with the Nigerian Exchange (NGX) revealed...

Recapitalisation: Banks Count on NIBSS For Digital Infrastructure, New Possibilities

August 18, (THEWILL) – The macro headwinds that triggered the current recapitalisation exercise in Nigeria’s banking industry have pushed the banks into fierce competition for service delivery and market share. As industry analysts have observed, the unexpected magnitude of the...

Nigeria Inter-Bank Settlement System Plc Holds 30th AGM, Celebrates Milestones, Strategic Growth In 2023

August 15, (THEWILL) – The Nigeria Inter-Bank Settlement System Plc (NIBSS), on Thursday, August 15, 2024, held its 30th Annual General Meeting (AGM) at its headquarters on Ahmadu Bello Way, Victoria Island, Lagos. The event marked a significant...

Mixed Reactions Trail Unity Bank, Providus Bank Merger

– ‘It’s politically induced’ –‘It’s good for financial system stability’ August 12, (THEWILL) – The planned merger of Unity Bank Plc and Providus Bank Limited, 37- and 8-year-old financial services institutions respectively, recently approved by the Central Bank of Nigeria (CBN),...

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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