Business

May 07, (THEWILL) — Presco Plc has reported a pre-tax profit of ₦69.24 billion for the first quarter ended March 31, 2026, representing an 18.2 percent increase from ₦58.61 billion recorded in the corresponding period of 2025. The agro-allied company’s...

May 07, (THEWILL) — The Corporate Affairs Commission (CAC) has launched a new direct payment option on its Intelligent Company Registration Portal (iCRP), enabling users to pay for selected services through the Revenue Optimisation and Assurance Project (ReVOps). The Commission...

May 07, (THEWILL) — The Centre for the Promotion of Private Enterprise (CPPE) has advised the Federal Government not to impose retaliatory sanctions on South African companies operating in Nigeria following renewed xenophobic attacks on Nigerians and other African...

May 06, (THEWILL) — The Nigerian equities market closed on a positive note on Wednesday as bargain hunting across select large and mid-cap stocks lifted the benchmark indices. Market capitalisation increased from ₦155.152 trillion to ₦155.780 trillion, representing a gain...

May 06, (THEWILL) — Financial services group FSDH Merchant Bank has called for stronger mobilisation of long-term capital to maintain momentum in Nigeria’s equities market, urging banks and other financial institutions to take a more proactive role. Speaking at the firm’s...

May 06, (THEWILL) — Nigeria’s currency, the naira, strengthened to ₦1,362 per dollar on Tuesday, extending its recent appreciation against the United States dollar and signaling improved stability in the foreign exchange market. Figures released by the Central Bank of...

May 05, (THEWILL) — United Bank for Africa (UBA), Redtech, and MoMo PSB have launched a payment interoperability partnership that expands cardless payment access for consumers and merchants across Nigeria. Redtech is backed by Heirs Holdings; MoMo PSB is...

May 05, (THEWILL) — United Bank for Africa Plc (UBA) has announced the retirement of Erelu Angela Adebayo from its board, marking the end of a notable tenure as a non-executive director. The development was disclosed in a statement dated...

May 05, (THEWILL) — Beta Glass Plc has reported a solid, though moderated, financial performance for the first quarter ended March 31, 2026, reflecting resilience amid a challenging business environment. According to its unaudited interim results, the leading glass container...

May 05, (THEWILL) — Zenith Bank Plc has appointed Engr. Mustafa Bello as its new Chairman following the retirement of its founder, Jim Ovia, whose 12-year tenure on the board expired on May 5, 2026, in line with regulatory...