Business

November 03, (THEWILL) — The Nigerian Exchange (NGX) opened the week on a negative note as key indicators closed lower on Monday, November 3, 2025, following sustained profit-taking and mixed investor sentiment across major sectors. Market capitalisation declined by 0.40...

November 03, (THEWILL) — Nigeria’s equities market ended October 2025 on a bullish note, extending its positive run as investors rebalanced portfolios ahead of third-quarter earnings and year-end positioning. The All-Share Index (ASI) appreciated by 8.12 percent in October...

November 03, (THEWILL) — Transnational Corporation Plc (Transcorp Group) has announced a pre-tax profit of N38.81 billion for the third quarter (Q3) ended September 30, 2025, representing a 53.8 percent increase compared to the N25.23 billion recorded in the...

November 03, (THEWILL) — The National Pension Commission (PenCom) has said that more than 552,000 retirees in Nigeria are now receiving regular monthly pensions under the Contributory Pension Scheme (CPS).   The Commission also disclosed that total pension assets have surpassed...

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...