Business

March 27, (THEWILL) – Auto stocks declined in morning trade on Thursday, with Tata Motors tumbling over 6%, after the U.S. President Donald Trump imposed 25% tariffs on car imports from April. On Wednesday, Trump imposed 25% tariffs on...

March 27, (THEWILL) – Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering a significant growth across key performance indicators. The Bank’s impressive performance reflects effective management and pricing of its...

March 24, (THEWILL) – Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2024, with all its major indicators witnessing significant improvement. The 2024 financials, filed with...

March 24, (THEWILL) – Nigeria is in for a fresh foreign exchange crisis as the country gradually returns to increased importation of petroleum products which it had assured the world was over.   After decades of massive importation of petroleum products,...

March 23, (THEWILL) – The emergency rule imposed on Rivers State by the Nigerian President, Bola Ahmed Tinubu, is set to deepen the investment decline in the oil and gas-rich area.  The President, in a national broadcast on March 18,...

March 23, (THEWILL) – The Bank of Industry (BOI) has launched a special intervention programme, Project Guaranteed Loans for Women (GLOW), valued at N10 billion, to support female entrepreneurs across Nigeria, the News Agency of Nigeria reports. The initiative aims...

March 23, (THEWILL) – Nigeria’s largest financial bank by assets, Access Bank, is planning to raise up to N194 billion from Series 3 & 4 Commercial Papers (CPs) issuance. The CPs issuance is under its N400 billion Commercial Paper...

March 17, (THEWILL) – The increasing acquisition of foreign companies’ assets by Nigerian investors in oil and gas sees a huge opportunity in local participation by indigenous players. In recent times, Nigerian investors have acquired assets from foreign companies like...

March 16, (THEWILL) – In a major policy overhaul, the National Pension Commission (PenCom) has issued a new directive that grants Pension Fund Administrators (PFAs) the full authority to approve and process several categories of retirement benefits without...

March 16, (THEWILL) – The Securities and Exchange Commission (SEC) has revoked the registration of Mainland Trust Limited as a capital market operator, citing regulatory non-compliance and unresolved complaints against the company. The decision, which takes immediate effect, was...