Business

Nigerian Stock Market Closes Slightly Lower Amid Mixed Trading

September 22, (THEWILL) — The Nigerian stock market ended Monday’s trading session slightly lower as investors were cautious and selective in their trades. The All Share Index (ASI) opened at 141,843.35 points and closed at 141,498.22 points, down 0.24%....

UBA Plc: H1 ’25 Results Indicate Strong Balance Sheet Expansion

September 22, (THEWILL) — The robust performance of Africa’s Global Bank, United Bank for Africa (UBA) Plc, in the first-half of 2025, indicates a strong balance sheet expansion to equip it for the post-recapitalisation competition in the first quarter...

Small and Mid-Cap Stocks Lift Equities as Beta Glass, E-Tranzact Drive Growth

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September 22, (THEWILL) — Nigeria’s equities market maintained its positive momentum on Friday, September 19, 2025, with small- and mid-cap stocks emerging as the key drivers of investor activity. The session closed with an improvement in turnover and volume,...

Moniepoint CEO Champions Financial Inclusion, Says Digital Economy Will Drive Growth

September 22, (THEWILL) — Moniepoint Microfinance Bank has reaffirmed its commitment to financial inclusion as the cornerstone of its business, declaring that its mission goes beyond market share to transforming lives across Nigeria and Africa. Speaking at the 2025 annual...

International Breweries: HY 2025 Report Shows Prospects for Rebound

September 21, (THEWILL) — International Breweries Plc recorded a strong financial performance in the first-half of 2025, compared to the same period in 2024, signaling improved efficiency and stability that could create a rebound for the dividend-drought firm. The company’s...

Market Capitalisation Expands 0.92% to N89.74trn as 49 Equities Gain, 41 Decline 

September 21, (THEWILL) — The Nigerian Exchange (NGX) closed the week lower in turnover compared to the previous week. Investors traded 2.735 billion shares worth ₦85.197 billion, down from 3.188 billion shares valued at ₦99.685 billion recorded the prior...

NEC Endorses NASENI’s Solar-Powered Irrigation Pumps for Nationwide Rollout

September 21, (THEWILL) — The National Agency for Science and Engineering Infrastructure (NASENI) welcomes the endorsement of its solar-powered irrigation pumps by the National Economic Council (NEC) for nationwide rollout ahead of the 2025 dry-season farming.   This landmark decision, taken...

CBN, NAADI Assure South-South Youths Of Funding, Structures For Agric Ventures

September 19, (THEWILL) — The South-South youths in agriculture have received a major boost as key stakeholders in the sector, including the Nigerian Agribusiness and Agro-Industry Development Initiative (NAADI) and the Central Bank of Nigeria (CBN), pledged support to...

Nigerian Stock Market Closes Stronger As Market Cap Hits N90trn

September 18, (THEWILL) — The Nigerian Exchange (NGX) closed trading on a positive note on Thursday, September 18, with the market capitalisation climbing to N90.01 trillion, up from N89.87 trillion at the opening, marking a net gain of over...

UBA Delivers N335bn PAT With Strong Earnings, Balance Sheet Growth

September 18, (THEWILL) — Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its financial performance for the Half-year ended June 30, 2025, showing remarkable growth across its major business segments, driven by strong earnings. The audited financials...