Business

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...

Zenith Bank PBT Drops By14% To N625.63bn In H1 2025, Proposes Interim Dividend Of N1.25

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September 18, (THEWILL) — Zenith Bank Plc, on Thursday, published its interim financial results for half year (H1) 2025, ended June 30. According to the financial results released on Thursday, on the Nigerian Stock Exchange, Profit Before Tax (PBT) dropped...

Court Restrains NUPENG, Truck Drivers From Disrupting Dangote Refinery Operations

September 18, (THEWILL) — The National Industrial Court in Abuja has granted an interim injunction restraining the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Direct Trucking Company Drivers Association from embarking on industrial action...

FAAC Shares ₦2.225trn August 2025 Revenue To FG, States, LGs

September 18, (THEWILL) — The Federation Account Allocation Committee (FAAC) has shared a total of ₦2.225 trillion among the Federal Government, states, and local government councils as August 2025 federation revenue. Mohammed Manga, Director of Information and Public Relations...

Stock Market Closes Lower Despite Strong Showings From Select Equities

September 16, (THEWILL) — The Nigerian equities market closed in the red on Tuesday, September 16, despite impressive performance from a handful of bullish stocks. The overall market sentiment remained bearish as the market capitalisation fell from N89.63 trillion at...

UBA Hosts Global Leaders At UNGA 2025, Launches Whitepaper On Unlocking Africa’s Potential

September 16, (THEWILL) — Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to make a bold statement on the global stage as it will be gathering world leaders, policymakers, investors and other private sector players at...

FG Suspends 4% FOB Levy On Imports

September 16, (THEWILL) — The Federal Government has ordered the Nigeria Customs Service (NCS) to suspend the implementation of the 4% Free on Board (FOB) levy on imported goods. In a circular titled “Suspension of the Implementation of 4%...

NGX Opens Week Strong With N704bn Gain As LivingTrust, eTranzact Top Gainers’ Chart

September 15, (THEWILL) — The Nigerian Exchange (NGX) began the week on a strong note, extending last week’s positive sentiment as investors showed buying interest across various sectors. At the close of trading on Monday, September 15, 2025, the market...

PRESS RELEASE: FXTM Expands Trading Opportunities In Nigeria, Launch FXTM Edge Platform

September 15, (THEWILL) — Lagos, Nigeria – September 16, 2025 - FXTM, a global leader in online trading, has announced the launch of FXTM Edge, a new trading account designed to give Nigerians an easy and innovative way to...