Sam Diala, THEWILL

DBN Accelerate Disbursement to MSMEs, Prioritises Women And Youths as Conduit For Sustainable Economic Growth

May 12, (THEWILL)- As part of efforts aimed at improving access to finance for small business owners across the country, the Development Bank of Nigeria (DBN), says it has since inception disbursed more than N787 billion to over 495,000...

Refinery Repairs: Anxiety Mounts as Senate Announces 2025 Completion Target

May 12, (THEWILL)- After countless, yet unachieved, completion targets announced by the federal government and the Nigerian National Petroleum Company Limited  (NNPCL) in the past years, 2025 has been announced as the new completion target. This has triggered concerns...

Transcorp Plc Records Stellar Performance with Impressive Topline, Bottom-line Growth in Q1 2024

May 12, (THEWILL)- Transcorp Plc, Africa’s leading diversified conglomerate, has announced its interim results for the first quarter ending March 21, 2024, achieving a remarkable growth of 173 percent in gross earnings from N32.39 billion reported in  Q1 2023...

Tunde Odukale Exits As FirstBank Chairman, Ebenezer Olufowose To Step In

May 10, (THEWILL) - FBN Holdings has announced that Mr Tunde Hassan-Odukale has officially stepped down as Chairman of FirstBank of Nigeria Limited, following the expiration of his tenure. This was contained in an official filing of the company,...

Fitch Revises Nigeria’s Credit Outlook From Stable to Positive

May 6, (THEWILL)- Fitch Ratings has upgraded Nigeria’s credit rating outlook from stable to positive, saying the new rating partly reflects significant reforms by President Bola Tinubu to support the restoration of macroeconomic stability and enhance policy coherence. It affirmed...

Declining Economic Activities Worry CBN as Firms Exit Nigeria

May 6, (THEWILL)- The Central Bank of Nigeria, CBN, has expressed worries over the declining economic activities in the country. The CBN deputy governor of Corporate Services, Bala Moh’d Bello, disclosed this in a statement at the end of the...

GTCO Holdings Posts Impressive Results in Q1 2024

Guaranty Trust Holding Company Plc (GTCO) released its Q1-24 unaudited financial statements on Friday, reporting a whopping 696.1% y/y rise in earnings per share (EPS) to N16.24 for the period under review as against N2.04 in Q1 2023. The impressive...

Re-capitalisation: NDIC’s New Insurance Coverage Guarantees Financial System Stability

May 5, (THEWILL)- As deposit money banks scamper for resources to meet up with the new capital base requirement announced by the Central Bank of Nigeria (CBN), the Nigerian Deposit Insurance Corporation (NDIC) has taken proactive measures to checkmate...

Fuel Crisis: Hard Times Ahead as Uncertainty Grows Over Moribund Refineries

May 5, (THEWILL)- As Nigeria continues to rely solely on refined imported petroleum products, especially the Premium Motor Spirit (PMS), popularly known as petrol, there are strong indications that the recent fuel crisis that engulfed parts of Nigeria is...

Zenith Bank Records Pre-tax Profit Of N320.194bn In Q1 2024

May 4, (THEWILL)- Zenith Bank Plc has released its unaudited financial results for Q1 2024, revealing a pre-tax profit of N320.194 billion. This represents a notable 269.72% surge compared to the previous year. Additionally, this figure accounts for 40.23 %...

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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