Business

Zenith Bank’s Gross Earnings Rise 16% To N3.4tn As PBT Hits N917.4bn in Q3 2025

October 31, (THEWILL) — Zenith Bank Plc has announced its unaudited financial results for the nine months ended September 30, 2025, reporting a 16 per cent year-on-year increase in gross earnings to N3.4 trillion, up from N2.9 trillion recorded...

Equities Market Extends Decline As ASI Slips 0.38%, Market Cap Sheds N370.9bn

October 30, (THEWILL) — The Nigerian Exchange (NGX) continued its downward trajectory on Thursday, October 30, 2025, as bearish sentiment persisted across major sectors. The All-Share Index (ASI) fell by 0.38 percent, opening at 154,260.98 and closing at 153,676.66 points,...

FG Imposes 15% Duty On Imported Petrol, Diesel To Protect Dangote Refinery, Others

Ask ZiVA 728x90 Ads
October 30, (THEWILL) — The Federal Government has approved a 15 per cent ad-valorem duty on imported petrol and diesel as part of new policy measures aimed at protecting emerging local refineries, including the 650,000 barrels-per-day Dangote Refinery, and...

GTCO Posts ₦299.9bn Pre-Tax Profit In Q3 2025, Up 39% Year-on-Year

October 30, (THEWILL) — Guaranty Trust Holding Company Plc (GTCO) has reported a strong third-quarter performance for the period ended September 30, 2025, with a pre-tax profit of ₦299.9 billion, a 39 percent rise from ₦215.8 billion recorded in...

Equities Market Slumps As ASI Falls 0.7% Amid Broad Selloffs

October 29, (THEWILL) — The Nigerian Exchange (NGX) closed in the red on Wednesday, October 29, as renewed sell pressure across key sectors dragged the benchmark All-Share Index (ASI) down by 0.7 percent, settling at 154,260.96 points from 155,353.20...

Dangote Refinery’s N100bn Lawsuit Against NNPCL Drags To November

October 29, (THEWILL) — The Federal High Court in Lagos has adjourned the hearing in the N100 billion lawsuit filed by Dangote Petroleum Refinery against the Nigerian National Petroleum Company Limited (NNPCL) and several major oil marketers to November...

World Bank Forecasts Sharp Drop In Commodity Prices by 2026 As Oil Glut Deepens

October 29, (THEWILL) — Commodity prices are projected to fall to their lowest level in six years by 2026, marking the fourth straight year of decline, the World Bank Group said in its latest Commodity Markets Outlook. According to the...

Manufacturers’ Optimism Faces Reality Check Amid Rising Costs, Weak Demand

October 29, (THEWILL) — Despite renewed optimism about Nigeria’s economic outlook heading into the fourth quarter of 2025, the country’s manufacturing sector continues to face steep challenges. Persistent inflation, rising production costs, foreign exchange instability, and weak consumer demand...

CBN Refutes Claims of $1.26bn Oil Forex Allocation, Says Market Is Driven by Demand, Not Allocation

October 29, (THEWILL) — The Central Bank of Nigeria (CBN) has denied reports that it disbursed $1.259 billion to major oil operators for the importation of refined petroleum products, describing the claims as false and misleading. In a statement...

Foreign Investors Inject N1trn To Nigerian Equities In Nine Months

October 28, (THEWILL) — Foreign investors have reawakened interest in Nigerian equities, with total portfolio inflows crossing N1 trillion between January and September 2025, signalling renewed confidence in the country’s capital market after years of subdued participation. According to data...
- Advertisement -spot_img

Latest News

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.
- Advertisement -spot_img
THEWILL APP ADS 2