Sam Diala

August 02, (THEWILL) — As worries increase regarding the persistent issues surrounding Nigeria's expensive inactive refineries situated in Port Harcourt, Warri, and Kaduna, the situation appears to have worsened with the advent of Dangote Refinery, which could change the negative narrative and elevate the country onto the global stage. This development may force the state-owned refineries into a position that signifies their decline into obsolescence, thereby ending years of corruption and unearned gains for the ruling elite.

August 02, (THEWILL) — The President and Chairman of Council, Chartered Institute of Taxation of Nigeria, CITN, Mr Innocent Ohagwa, is passionate about Nigeria's new tax laws which is part of the broader fiscal reform drive of the Federal Government. In this interview with Sam Diala, Ohagwa offers insights into the new tax laws and the benefits they portend for the economy and the tax payers generally if professionally implemented.

August 03, (THEWILL) — Cadbury Nigeria's 2025 financial performance was undoubtedly impressive. Revenue rose about 31 percent to N169.84 billion, gross profit doubled, operating profit surged by over 240 percent, while the company moved from a N22.2 billion loss in 2024 to a N12.1 billion profit in 2025. Shareholders' funds also improved significantly.

August 09, (THEWILL) — On August 21, 2026, one of the longest-serving and most influential boardroom gurus in Nigeria's corporate governance world and financial services industry will step aside. He is Mr Tony Onyemaechi Elumelu.

August 09, (THEWILL) — After surviving the rigorous recapitalisation exercise imposed by the National Insurance Commission (NAICOM), Guinea Insurance Plc has earned a new lease of life. Yet for thousands of shareholders, the company's regulatory victory has done little to erase a lingering question: when will the rewards of ownership finally arrive? For more than 15 years (since 2010), Guinea Insurance has not declared a dividend. That prolonged drought, combined with years of financial losses and a fragile return to profitability, has left investors caught between hope and frustration.

August 10, (THEWILL) — Nigeria's recent emergence as the world's best-performing stock market in 2026 was received with mixed feelings. The rally was built on an exceptional performance recorded a year earlier when the Nigerian Exchange (NGX) ranked as the world's second-best performing equity market after South Korea.

August 16, (THEWILL) — The numbers coming out of Nigeria's corporate sector in the first half of 2026 are impressive. Across several sectors, listed companies have reported substantial increases in revenue, with some recording extraordinary growth in profit as well. The figures are being interpreted as evidence that businesses are adapting successfully to the difficult operating environment and that the government's economic reforms are beginning to produce results.

August 23, (THEWILL) — When the federal government announced last week that removal of petrol subsidy had generated an estimated ₦15.8 trillion in savings between June 2023 and December 2025, the figure was presented as further evidence that Nigeria's painful economic reforms were working. It is, unquestionably, a significantly large number. However, it created a paradox […]

Nigeria may be experiencing a widening disconnect between booming equity market capitalisation and productive value creation. It is conventional wisdom that the equity market is the barometer of the economy. And this is true of the advanced economies: London, New York, Tokyo, Korea.

August 30, (THEWILL) — Nigeria's quest to reduce its dependence on crude oil may be entering a more consequential phase, but the country's ability to translate rising non-oil exports into sustainable economic growth will depend on whether it can move beyond selling raw commodities and begin exporting more processed and higher-value products. That was one […]