Business

CBN, Others Slam N419m Fines on Custodian Investment Plc in 2025

April 06, (THEWILL) — Custodian Investment Plc paid a total of N419.13 million in penalties to the Central Bank of Nigeria (CBN) and other regulators for contraventions recorded in the 2025 financial year, representing a sharp increase from N19.17...

Skyway Aviation Handling Company Posts Strong Profit Growth in 2025

April 06, (THEWILL) — Skyway Aviation Handling Company Plc delivered a robust financial performance for the year ended December 31, 2025, with profit after tax more than doubling to N11.73 billion, underscoring strong operational momentum and improved efficiency across...

CPPE Flags Slower Q2 Growth, Mounting Economic Risks

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April 06, (THEWILL) — Nigeria’s economy is expected to sustain positive growth in the second quarter of 2026, but expansion may moderate as downside risks intensify, the Centre for the Promotion of Private Enterprise (CPPE) has cautioned. In its latest...

Nigeria’s Capital Market Ranks World’s Second-Best Performer in Q1 2026

April 05, (THEWILL) — As of March 31, 2026, Nigeria’s capital market delivered one of its strongest performances in recent history, with the Nigerian Exchange (NGX) emerging as the second-best performing equity market globally in the first quarter, trailing...

CSCS Upgrades Onboarding to Boost Market Access, Efficiency

April 05, (THEWILL) — The Central Securities Clearing System Plc (CSCS) has announced enhancements to its investor onboarding processes aimed at improving efficiency, strengthening service delivery, and enhancing the overall experience for participants in the Nigerian capital market. The enhancements...

NASENI Renewable Energy Industrial Park Underway

April 05, (THEWILL) — The on-going construction works at the National Agency for Science and Engineering Infrastructure, NASENI’s Renewable Energy Industrial Park, Gora, Nasarawa State is gathering momentum as the project is envisioned to address the country’s energy needs. The...

Dangote, BUA, Lafarge Reap N1.6trn Profit Amid Price Hikes

By April 05, (THEWILL) — The three leading cement manufacturers in Nigeria – Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc – achieved a total post-tax profit of N1.64 trillion in 2025 against N672.28 billion in 2024...

Coronation WIN Conference 2026 Drives Action on Women’s Leadership

April 05, (THEWILL) — Coronation Group successfully hosted the Coronation Women Initiative Network (Coronation WIN) Conference 2026, convening over 500 women from across its ecosystem and the broader financial services community in Lagos, as part of activities marking International...

Oyo Partners FCMB, Mastercard Foundation to Fund 1,000 Agripreneurs with ₦1.5bn

April 03, (THEWILL) — The Oyo State Government, in partnership with First City Monument Bank (FCMB) and the Mastercard Foundation, has disbursed ₦1.5 billion in collateral-free loans to 1,000 young agripreneurs, in a move aimed at boosting food production...

Berger Paints Grows Profit to ₦2.4bn in 2025, Declares Final Dividend

April 03, (THEWILL) — Berger Paints Nigeria Plc has reported a ₦2.4 billion profit after tax for the 2025 financial year, reflecting a strong earnings performance driven by higher sales and improved operating efficiency. According to the company’s audited financial...