Business

First Holdco Plc Grows Gross Earnings to N3.4trn for 2025

February 01, (THEWILL) — First HoldCo Plc has announced its unaudited financial results for the year ended 31 December 2025, reflecting a year of deliberate strategic actions aimed at strengthening its balance sheet, improving asset quality, and positioning the...

Equities Market Sees Lower Turnover as Trading Slows in Week Ended January 30

February 01, (THEWILL) — The Nigerian equities market recorded a decline in trading activity in the week ended Friday, January 30, as investors exchanged a total of 3.087 billion shares valued at N81.505 billion on the floor of the...

PenCom Unveils Online Data Recapture Portal February 1

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January 31, (THEWILL) — The National Pension Commission, in collaboration with Pension Fund Administrators, says it will unveil a self-service online data recapture application platform on February 1. The News Agency of Nigeria (NAN) reports that the platform is known...

Otedola Increases Stake In First HoldCo To 18.12%

January 31, (THEWILL) — The total shareholding of Chief Femi Otedola, Chairman, First HoldCo Plc, has increased to 18.12 percent as of December 31, 2025, from 11.8 percent at the end of the 2024 financial year. Chief Otedola’s combined direct...

NCDMB Empowers 250 Youths with Solar, Vocational Skills

February 01, (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with Jake Riley Academy, has trained 250 youths in Lagos in solar installation and other high-demand vocational skills as part of efforts to promote self-reliance...

Market Extends Gains As Buying Interest Lifts Capitalization on Friday

January 30, (THEWILL) — The Nigerian equities market closed higher on Friday, with market capitalization rising from N105.969 at the open to N106.153 at the close. In contrast, the NGX All-Share Index (ASI) dipped slightly from 165,527.31 to...

Airtel Africa’s Profit Jumps To $586m As FX Gains, Tariff Hikes Boost Earnings

January 30, (THEWILL) — Airtel Africa posted a strong rebound in profitability, reporting a net profit of $586 million for its latest financial year, driven largely by foreign exchange gains and higher tariffs across key African markets, including Nigeria. The...

Telcos Plan ₦1.4trn Network Expansion Investment – NCC

January 30, (THEWILL) — Nigeria’s telecommunications operators are set to invest about ₦1.4 trillion in network expansion and infrastructure upgrades, as the sector responds to rising demand for data services and improved connectivity across the country, according to the...

FAAN Raises Cargo Tariffs As Port, Handling Charges Triple From February

January 30, (THEWILL) — The Federal Airports Authority of Nigeria (FAAN) will implement a new cargo tariff structure from February 2, significantly increasing charges across key logistics services, in a move expected to raise air freight costs for traders...

Cardoso Hosts British International Investment, Reaffirms Commitment To Financial Sector Reform, Long-Term Capital

January 30, (THEWILL) — The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Wednesday, January 28, 2026, hosted a delegation from British International Investment (BII), led by its Chair, Ms Diana Layfield, alongside the British...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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