Business

The National Insurance Commission (NAICOM), says it has intensified its ongoing drive to facilitate platforms that address the demand-supply gap in the oil and gas Industry. The Commissioner For Insurance, NAICOM, Mr Sunday Thomas, said this while delivering a...

Closing the week, the Nigerian equities ended on a positive note as the All-Share Index closed 1.68% stronger to settle at 65,003.39 points as against 63,930.72 points the previous day. Market capitalisation rose to N35.39 trillion from N34.81 trillion...

Behemoth FBN Holdings dazzled industry watchers with an all-time high half-year pre-tax profit of N187.2 billion for the period ended June 30, 2023, translating to a 414 percent increase compared to N56.6 billion posted in the corresponding period of...

Nigeria has emerged Africa’s largest economy for the fifth consecutive year after narrowly edging out Egypt to the second position by 0.2 percent. According to data by the World Bank, Nigeria has maintained the position of the largest economy on...

Ecobank Nigeria Limited has lodged an appeal against the ruling of the Federal High Court, Lagos, delivered by Hon. Justice M. Liman, in the N72 billion lawsuit brought against the bank by Honeywell Flour Mills Plc. A spokesperson for Ecobank...

About seven months after Access Corporation Plc unveiled its second five-year strategic plan (2023-2027) in January, 2023, the foremost financial services institution has recorded significant milestones in several areas, which points to possible early harvest of huge opportunities that...

July 22, (THEWILL) - The Nigerian Exchange Limited (NGX) has reclassified Fidelity Bank Plc as Medium price stock. Rule 15.29 of the Rulebook of The Exchange, 2015 (Dealing Members’ Rules), noted that equities priced above N5 per share for...

July 21, (THEWILL) - Nigeria has emerged Africa’s largest economy for the fifth consecutive year, according to data published by the World Bank. The West African country has maintained the position of the largest economy on the continent for the...

July 21, (THEWILL) - First Bank Nigeria Holdings Plc has reported a 'Profit Before Tax' (PBT) of N206 billion for half year ended June 30, 2023. The six-month report showed that the company grew gross earnings and profit before tax...

July 20, (THEWILL) - Bullish sentiments resurfaced in the equities market Thursday as buying interest in GEREGU (+5.7% from share price of N333) drove the benchmark index 0.3% higher. Thus, the All-Share Index closed at 63,930.72 points against 63,757.23 points...