Ogochukwu Onwaeze, THEWILL

June 8 (THEWILL) — FCMB Group Plc delivered a strong financial performance for the 2025 financial year, posting a profit before tax (PBT) of N202.1 billion, an 80.6 percent increase from N111.9 billion recorded in 2024, driven by robust...

June 8 (THEWILL) — Telecommunications operators in Nigeria have challenged the National Bureau of Statistics (NBS) report showing that the sector attracted just $7.24 million in foreign capital importation in the first quarter of 2026, arguing that the figure...

June 8 (THEWILL) — Fidelity Bank, the flagship subsidiary of Fidelity Bank Group, accumulated fines amounting to N645.9 million within five years (2021-2025), arising from various regulatory violations. thereby ranking it among the foremost offenders in the financial services...

June 08 (THEWILL) — The Securities and Exchange Commission (SEC) has commenced a structural overhaul of Nigeria’s digital asset ecosystem following the issuance of Circular No. 26-1 on January 16, 2026, which raised the minimum paid-up capital requirement for...

June 8 (THEWILL) — Nigeria’s trade sector attracted $65.79m in foreign investment in the first quarter of 2026, marking a 91.3 percent increase from the $34.39m recorded in the corresponding period of 2025, according to the latest capital importation...

June 8 (THEWILL) — The Federal Government has reduced the maximum reimbursable imprest available to ministers to N700,000 and introduced stricter controls on the use of public funds as part of efforts to strengthen financial discipline across Ministries, Departments,...

June 6 (THEWILL) — Nigeria’s capital market is witnessing a new wave of growth driven largely by young investors using fintech platforms to access investment opportunities, according to the Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi...

June 5 (THEWILL) — The Nigerian Exchange (NGX) ended Friday’s trading session on a positive note as renewed buying interest across key counters lifted the market higher, with gainers significantly outpacing losers. Market capitalisation advanced by ₦234 billion to close...

June 5 (THEWILL) — Thailand has donated 12 metric tonnes of rice valued at $22,000 to support vulnerable communities in Nigeria, as humanitarian agencies warn that as many as 34.7 million Nigerians could face acute food insecurity this year. The...

June 5 (THEWILL) — Hybrid Motors Nigeria has secured approximately $95 million in investment commitments to establish electric vehicle (EV) manufacturing plants in Lagos and Abuja and deploy a network of mega charging stations, marking one of the largest...