Business

November 03, (THEWILL) — AXA Mansard Insurance Plc, a member of the global AXA Group, has reported a sharp decline in profitability for the first half of 2025, even as its insurance revenues rose strongly across all business segments. According...

November 02, (THEWILL) — Approximately three weeks after the National Assembly initiated an inquiry into the ongoing repairs of the country’s refineries, the Nigerian National Petroleum Company Limited (NNPC Ltd) has recommenced efforts to restore the facilities that have...

November 02, (THEWILL) — The Nigerian Exchange (NGX) closed the week ended Friday, October 31, 2025, on a negative note, as profit-taking activities across key sectors dragged performance indicators lower. The All-Share Index (ASI) fell by 0.98 percent from 155,496.15points...

November 02, (THEWILL) — FirstHoldco Plc has reported a profit before tax of N566.537 billion for the nine months ended 30 September 2025. Although this constitutes a 7.26 percent decline from the N610.86 billion posted in the same period...

November 02, (THEWILL) — Nigerian Exchange Group Plc (NGX Group or the Group) has announced the declaration of an interim dividend of ₦1.00 per ordinary share of 50 kobo each, following the approval of its unaudited financial statements for...

November 02, (THEWILL) — The Nigerian Electricity Regulatory Commission (NERC) has called on the Federal Government to redirect the $2 billion fund managed by the Rural Electrification Agency (REA) toward powering industrial clusters, saying Nigeria’s economic revival depends on...

November 02, (THEWILL) — Nigeria’s major banks posted estimated gross earnings of ₦10.8 trillion in H1 2025, a double-digit growth compared to equivalent period in 2024. Investigations revealed that despite a significant revenue growth, aggregated profit before tax (PBT) across these...

October 31, (THEWILL) — The Nigerian Exchange (NGX) closed positively on Friday, October 31, sustaining its rebound as renewed interest in industrial and financial stocks lifted the benchmark indices. The All-Share Index (ASI) advanced by 0.29 percent, moving from...

October 31, (THEWILL) — Nigeria's banking landscape continues to show resilience as the United Bank for Africa (UBA) announced gross earnings of N2.47 trillion for the nine months ended September 30, 2025. The results, published in the bank's unaudited...

October 31, (THEWILL) — United Bank for Africa (UBA) Plc has released its audited financial statement for the third quarter ended September 30, 2025, delivering another solid performance driven by steady earnings growth, strong balance sheet fundamentals, and strategic...