Business

May 11, (THEWILL) – BUA Foods Plc’s earnings in Q1 2025 were the highest in the history of the 37-year-old company, with a net profit after tax of N125.28 billion, representing a 124 percent increase from N55.82 billion in...

May 11, (THEWILL) – The recent handling of Nigeria’s naira-for-crude oil sales to local refineries has brought long-standing gaps in the nation’s economic planning into sharp relief. The under-utilisation of domestic crude as a tool for sustainable growth and the...

May 09, (THEWILL) – The Dangote Petroleum Refinery & Petrochemicals (DPRP) and the Nigerian National Petroleum Company (NNPC) Limited have assured Nigerians of collaboration to ensure energy security in the country. The President/Chief Executive of Dangote Group, Aliko Dangote, disclosed...

May 08, (THEWILL) – A Federal High Court, sitting in Abuja, on Thursday, held that the Federal Competition and Consumer Protection Commission (FCCPC) lacked the authority to determine price under a free market economy. The judgement followed the ruling...

May 05, (THEWILL) – First Holdco Plc.’s net profit fell by about 18 percent year-on-year in the first quarter of 2025 in what appears to be a negative start to the year. The profit before tax declined from N234.3...

May 04, (THEWILL) – Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announced its interim unaudited results for the three months ended March 31, 2025 --...

May 04, (THEWILL) – The Central Bank of Nigeria (CBN) has released its 2024 financial statements. The results reflect the Bank’s commitment to economic stability, sound policy implementation, and strategic financial management, highlighting improvements in external reserves, asset quality, cost...

May 04, (THEWILL) – Investors in the Nigerian equity market gained N3.73 trillion in four months (January – April 2025), fueled by robust sectoral earnings and the stability the Central Bank of Nigeria (CBN) monetary policies offered. A review of...

May 02, (THEWILL) – Shareholders of Zenith Bank Plc, at the bank’s 34th Annual General Meeting held at the Civic Centre, Victoria Island, Lagos, on Tuesday, April 29, 2025, approved a final dividend of N4.00 per share for the...

May 01, (THEWILL) – Transnational Corporation Plc (Transcorp Group), Nigeria’s leading listed conglomerate with strategic investments in the power, hospitality, and energy sectors, has announced its unaudited results for the first quarter ended March 31, 2025. The group recorded a...