Sam Diala, THEWILL

NCC, CBN Sign MoU For Consumer Safety, Inaugurate Committees For Protection Against Fraud

April 21, (THEWILL) — The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) that both organisations said would safeguard consumers against fraud while opening opportunities for them to...

Nigeria’s Markets Gain Credibility As Exit Route For Investors – Popoola

April 21, (THEWILL) — Nigeria’s capital markets are beginning to establish credibility as a viable exit route for institutional investors, the Group Managing Director and Chief Executive Officer of Nigerian Exchange Group, Temi Popoola, said, citing recent transactions...

GTCO Holdings’ Revenue Haul Highlights Post-Recapitalization Strategic Expansion

April 20, (THEWILL) — GTCO Holdings Plc recorded a robust revenue performance in 2025, clearly indicating its strength during a year characterised by stricter regulatory reforms and competitive recapitalisation efforts, as the Group prepares for the next stage of...

Zenith Bank Foreign Subsidiary Profits Climb 24.67% to N116.43bn in 2025

- Group Surpasses N30trn Assets Mark April 19, (THEWILL) — Zenith Bank Plc's offshore subsidiaries reported a combined post-tax profit of N116.43 billion in 2025, representing an increase of N23 billion, compared to the N93.39 billion achieved in the previous...

NDIC Finalising Liquidation of 89 Defunct Microfinance, Mortgage Banks

April 19, (THEWILL) — The Nigeria Deposit Insurance Corporation (NDIC) has commenced the final phase of winding down 89 defunct Microfinance Banks (MFBs) and one Primary Mortgage Bank (PMB), following their successful resolution under the Purchase and Assumption (P&A)...

IMF/World Bank Meeting: Nigeria Targets $2.3trn To Bridge Infrastructure Gap

April 17, (THEWILL) — The Director-General of Nigeria’s Infrastructure Concession Regulatory Commission (ICRC), Dr Jobson Ewalefoh, said that the country has intensified efforts to bridge its infrastructure deficit, estimated at $2.3 trillion between 2020 and 2043. Ewalefoh said...

IMF Declines To Favour Nigeria’s External Or Domestic Borrowing

April 17, (THEWILL) — The International Monetary Fund (IMF) has declined to take a position on whether Nigeria should prioritise external or domestic borrowing, stressing the importance of overall debt sustainability instead. This position was stated on April 16, 2026,...

FCMB Group Emerges Most Traded Stock on NGX in Q1, Y-t-D 2026

April 13, (THEWILL) —FCMB Group Plc emerged the most traded stock on the Nigerian Exchange (NGX) in the first quarter of 2026 and has maintained the highly strategic status year-to-date. Data by the NGX shows that as of April 10,...

Inter-Agency Report Unearths Concealed Oil Wells, Massive Crude Theft, Rot in Oil Sector

- Indicts Sterling Exploration, Military, Government Officials - Says Many Operators Circumvent Metering at Flow Stations - Controversy Over RMAFC’s Decision to Delay Release of Findings April 12, (THEWILL) — A recent investigation has uncovered the extensive siphoning of Nigeria's oil and...

Dangote Refinery Has Shielded Nigeria From Global Energy Crisis Caused By Iran War – World Bank

April 11, (THEWILL) — The World Bank has commended the management of the Dangote Group for the foresight it demonstrated in investing in the 650,000-barrels-per-day refinery, which has protected Nigeria against global energy deficiencies from ongoing unrest in 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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