Business

Marginal Rate Cut Fails to Ease Funding Squeeze on Manufacturers

March 02, (THEWILL) — When the Central Bank of Nigeria trimmed the Monetary Policy Rate from 27 percent to 26.5 percent last week, the move was interpreted in some quarters as a signal that the tightening cycle may be...

Transcorp Group Delivers Record FY 2025 Performance

March 02, (THEWILL) — Transnational Corporation Plc has announced audited full-year 2025 results showing record financial performance and total assets. The group, regarded as Africa’s leading listed conglomerate with investments in power, hospitality and energy, reported a 33 per cent...

SEC Revokes Kensington Agro’s Licence, Warns Investing Public Against Patronage

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March 02, (THEWILL) — The Securities and Exchange Commission (SEC) says it has revoked the registration of Kensington Agro Trading Limited as a capital market operator. The revocation takes “immediate effect”, the commission said in a public notice on Saturday,...

Nigeria’s Oil Windfall Meets Petrol Shock Amid US–Iran Tensions

March 02, (THEWILL) — Nigeria is confronting a double-edged crisis as tensions between the United States and Iran rattle global oil markets. The Fears of disruption around the strategic Strait of Hormuz which handles about 20% of global...

New Moniepoint Report Validates NIBSS’s Critical Role in e-Payment Evolution

March 01, (THEWILL) — A recent case study conducted by Moniepoint has uncovered the growing prevalence of electronic transfers as a payment method throughout both urban and rural areas of Nigeria, while cash transactions are gradually fading away. This...

Lafarge Africa Hits N1.1trn Revenue Milestone as FY 2025 Pre-Tax Profit Rises to N411bn

March 01, (THEWILL) — Lafarge Africa Plc, a leading provider of innovative and sustainable building solutions and manufacturer of premium cement brands, has announced a revenue milestone of N1.1 trillion in 2025, representing a 53 percent surge from N696.8...

MAGGI Elevates Ramadan Engagement with Tales of Ramadan Season 2 and Nationwide Community Impact

March 01, (THEWILL) — As Ramadan begins, MAGGI has unveiled a multi-layered national campaign anchored on culturally grounded storytelling, consumer value and community engagement. At the heart of the campaign is Tales of Ramadan Season 2, a six-episode drama series...

Recapitalisation Discount: Why Nigerian Banks Are Missing the NGX’s Record Rally

March 01, (THEWILL) — As the NGX All-Share Index (ASI) pushes to an unprecedented 194,484.61 points, Nigeria’s equity market appears to be in full celebration mode. Liquidity is strong, corporate earnings have surprised on the upside, and investor sentiment...

Equities Market Closes Week On Downward Note Amid Declining Turnover

February 28, (THEWILL) — The Nigerian equities market ended the week under pressure, with the NGX All-Share Index (ASI) and Market Capitalisation recording marginal declines as investors adopted a cautious stance. A total turnover of 5.494 billion shares worth...

Economy Sustains Momentum As GDP Rises 4.07% In Q4 2025, Annual Expansion Hits 3.87%

February 28, (THEWILL) — Nigeria’s economy sustained its growth momentum in the fourth quarter of 2025, with Gross Domestic Product (GDP) rising by 4.07 percent in real terms, while full-year expansion settled at 3.87 percent, according to the...