Sam Diala, THEWILL

Anxiety Mounts as Lagos Insists on March 31 Tax Returns Deadline

March 29, (THEWILL) — Residents of Lagos are experiencing significant anxiety regarding the state government's mandate requiring all taxable adults to submit their personal tax returns by March 31, 2026, or face serious repercussions for non-compliance. This directive comes in...

CBN Has Trimmed Ways & Means to N2.8trn – Cardoso

March 29, (THEWILL) — The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has disclosed that the country’s Ways & Means portfolio has been decimated to N2.84 trillion, against the N26.95 trillion mark inherited by the current...

Recapitalisation: NIBSS Digital Infrastructure to Anchor Banks’ New Growth Phase

March 22, (THEWILL) — Nigerian banks are preparing for a new phase of growth that is expected to arise from the two-year recapitalisation process as the deadline of March 31, 2026 approaches. The post-recapitalisation phase will subject banks to...

NSIA Signs Deal to Develop $500m Dairy Project in Nigeria

March 22, (THEWILL) — The Nigeria Sovereign Investment Authority (NSIA) has signed a deal with UK-based Asset Green Ltd to develop a $500 million large-scale dairy project in Nigeria. The agreement was disclosed in a statement issued by NSIA on...

NCDMB, Radisson, Edison Sign Management Deal For Yenagoa Hotel

March 17, (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB) has signed an international management agreement (IMA) with Radisson Hospitality Belgium, and Edison Hotel and Property Development Company, in respect of the Board’s 204-room hotel and conference...

Nigerian Breweries: Profit Recovery Masks Assets 6.3% Shrink in 2025

March 16, (THEWILL) — Despite a highlighted profit rebound, Nigerian Breweries Plc’s financial statements for 2025 showed that the foremost brewer experienced a shrink of N72.15 billion in its assets value to N1.06 trillion from N1.13 trillion in the...

Market Applauds FCMB As It Meets N500bn Recapitalisation Mandate

Stock Records 4.98% Gain on NGX March 15, (THEWILL) — Market operators, investors, analysts, and industry observers have responded to the announcement made by FCMB Group regarding the successful completion of the recapitalisation of its banking subsidiary, First City Monument...

FCMB Attains CBN ₦500bn Capital Requirement For International Authorisation

March 10, (THEWILL) — FCMB Group Plc has successfully attained the ₦500 billion capital raise for international licensing ahead of the Central Bank of Nigeria’s (CBN) March 31 recapitalisation deadline. This was disclosed in a statement dated March 8, 2026,...

Worries as Crude Oil Soars Past $110 Per Barrel, Petrol Price Surges

March 09, (THEWILL) — Nigerians are to embrace a fresh spate of cost-of-living crisis as crude oil soared past $110 per barrel in the international market on Sunday, March 8, 2026, amid ongoing war in the Persian Gulf. The...

Transcorp’s Record-breaking Performance Underscores Resilience of Service Sector

March 08, (THEWILL) — Transnational Corporation (Transcorp) PLC's 2025 performance, featuring 31 percent pre-tax growth to N175.9 billion and assets crossing N1 trillion, highlights the resilience of the service sector. This success, driven by power and hospitality, showcases robust...

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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