Sam Diala, THEWILL

August 24, (THEWILL) — Equities recorded a drop of N2.2 trillion in market capitalization in the week ended August 22, 2025, with the NGX All-Share Index dropping by 2.5 percent during the period. This followed the mixed sentiment that characterized...

August 24, (THEWILL) — The National Pension Commission has warned Pension Fund Administrators (PFAs) against investing in the Additional Tier-1 Capital of Deposit Money Banks. The warning was conveyed in a circular addressed to all licensed Pension Fund Operators, which...

August 18, (THEWILL) — Guinea Insurance Plc posted a loss after tax of N114.7 million in the first half of 2025, compared to a profit of N115.94 million in the same period of 2024 and N936.55 million for the...

August 17, (THEWILL) — Nigeria’s nine oil-producing states amassed a total of N781.83 billion as statutory13 percent derivative fund from the Federation Account Allocation Committee (FAAC) in the first six months (H1) of 2025, according to data by the...

August 17, (THEWILL) — Seplat Energy Plc, dually listed on the London Stock Exchange and the Nigerian Exchange, advanced its drive in gas expansion in the first half of the year, buoyed by the company’s buyout of ExxonMobil’s Nigeria...

August 17, (THEWILL) — Managing Director and Chief Executive Officer of APT Securities and Funds Limited, Kasimu Garba Kurfi, has projected that the Nigerian Exchange (NGX) market capitalisation will surpass ₦100 trillion by the end of 2025, buoyed by...

August 11, (THEWILL) — Predominant consumer goods firm, Nestle Nigeria Plc, experienced a strong rebound in the first half of 2025 after seeing sharp losses in 2023 and 2024 due to currency devaluation, and this is good news for...

August 10, (THEWILL) — Prominent economists, financial analysts and industry experts have reacted to the recent Q1 2025 Capital Importation report by the National Bureau of Statistics (NBS), which showed a significant increase of investment inflow to the Nigerian...

August 10, (THEWILL) — The Nigeria Deposit Insurance Corporation has disbursed the sum of N54.62 billion to 691,418 depositors of the defunct Heritage Bank and also declared a liquidation dividend of 9.2 kobo per naira to uninsured depositors. This was...

• Revenue: ₦23.76 billion, up by 57% year-on-year. • Profit After Tax (PAT): ₦11.89 billion, up by 54% year-on-year. • Profit Before Tax (PBT): ₦13.79 billion, up by 52% year-on-year.   • Interim dividend: ₦5.4 billion (₦0.30 per 50kobo ordinary share). • 5-Year Profit...