Business

June 8 (THEWILL) — FCMB Group Plc delivered a strong financial performance for the 2025 financial year, posting a profit before tax (PBT) of N202.1 billion, an 80.6 percent increase from N111.9 billion recorded in 2024, driven by robust...

June 8 (THEWILL) — Telecommunications operators in Nigeria have challenged the National Bureau of Statistics (NBS) report showing that the sector attracted just $7.24 million in foreign capital importation in the first quarter of 2026, arguing that the figure...

June 8 (THEWILL) — Fidelity Bank, the flagship subsidiary of Fidelity Bank Group, accumulated fines amounting to N645.9 million within five years (2021-2025), arising from various regulatory violations. thereby ranking it among the foremost offenders in the financial services...

June 08 (THEWILL) — The Securities and Exchange Commission (SEC) has commenced a structural overhaul of Nigeria’s digital asset ecosystem following the issuance of Circular No. 26-1 on January 16, 2026, which raised the minimum paid-up capital requirement for...

June 08 (THEWILL) — Nestlé Nigeria has launched a multi-stakeholder coalition to drive sustained environmental action in commemoration of 2026 World Environment Day. Building on six years of nationwide awareness and clean-up initiatives, the coalition represents a coordinated and...

June 08 (THEWILL) — The Chairman, Geometric Power Limited and former Nigerian Minister of Power, Professor Barth Nnaji will be a Special Guest of Honour at the forthcoming SUPERNEWS Conference and 10th Anniversary scheduled for July 7, 2026. The conference,...

June 8 (THEWILL) — Nigeria’s trade sector attracted $65.79m in foreign investment in the first quarter of 2026, marking a 91.3 percent increase from the $34.39m recorded in the corresponding period of 2025, according to the latest capital importation...

June 8 (THEWILL) — The Federal Government has reduced the maximum reimbursable imprest available to ministers to N700,000 and introduced stricter controls on the use of public funds as part of efforts to strengthen financial discipline across Ministries, Departments,...

June 07, (THEWILL) — The Development Bank of Nigeria (DBN) Plc is strengthening its commitment to the growth of micro, small, and medium enterprises (MSMEs) – a sector that accounts for more than 90 percent of employment through the...

June 6 (THEWILL) — Nigeria’s capital market is witnessing a new wave of growth driven largely by young investors using fintech platforms to access investment opportunities, according to the Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi...