Business

July 6 (THEWILL) — PZ Cussons Nigeria Plc recorded a sharp increase in profitability for the financial year ended May 31, 2026, as pre-tax profit surged 364.08 percent to N77.32 billion from N16.66 billion a year earlier, driven by...

July 06, (THEWILL) — The Organization of the Petroleum Exporting Countries and its allies (OPEC+) has approved a fresh 188,000 barrels per day (bpd) increase in oil production quotas for August, extending its phased supply restoration strategy as...

July 05, (THEWILL) — Federal Government has dismissed allegations that it operated a "shadow treasury" through more than ₦8 trillion in off-budget spending, insisting that every kobo of public expenditure under the administration of President Bola Tinubu is...

July 5 (THEWILL) — Capital market specialists have linked the significant drop in the Nigerian equities market at the conclusion of Q2 2026 particularly to substantial sell-offs aimed at raising cash in preparation for the upcoming Dangote Refinery IPO. Although...

July 5 (THEWILL) — The Nigeria Deposit Insurance Corporation (NDIC), has been appointed as the official Liquidator of the 46 Microfinance Banks (MfBs) whose licences were revoked on July 1, 2026, by the Central Bank of Nigeria (CBN). The...

July 5 (THEWILL) — Africa’s Global Bank, United Bank for Africa (UBA) Plc, has rewarded thousands of customers with over ₦400 million in anniversary bonuses under its flagship UBA Bumper Account, reaffirming the Bank’s unwavering commitment to rewarding customer...

July 5 (THEWILL) — Nigeria's stock market generated N47.84 trillion in investor wealth in the first half of 2026, but the headline performance masked a sharp shift in market leadership. While June's correction erased N13.29 trillion in market value...

July 5 (THEWILL) — The Chartered Institute of Directors (CIoD) Nigeria and the Nigerian Exchange (NGX) Group have renewed their partnership to strengthen corporate governance, improve board effectiveness and boost investor confidence in Nigeria’s capital market. The President of CIoD...

July 5 (THEWILL) — Transcorp Hotels Plc has graduated the 16th cohort of its Business Empowerment Programme for Women (BEPW), reinforcing the company’s commitment to women’s economic empowerment, entrepreneurship and sustainable community development. The initiative, one of the company’s flagship...

July 03, (THEWILL) — The Nigerian Exchange (NGX) closed the week on a negative note as sustained profit-taking across key counters dragged market performance lower, with investors losing ₦1.80 trillion despite a significant increase in trading activity. The benchmark...