Business

Nigeria’s Pension Assets Climbs Over N25trn – PenCom DG

October 26, (THEWILL) — Nigeria’s pension assets have grown over N25 trillion, fueling national development through strategic investments, the Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran has said.   Oloworaran disclosed this on Friday (October 24) at...

Okomu Oil Grows Q3 Pretax Profit 49% to ₦17bn

October 26, (THEWILL) — Okomu Oil Palm Company Plc has reported a 49 percent year-on-year growth in its profit before tax (PBT) for the third quarter of 2025, reaching ₦17.05 billion compared to ₦11.41 billion in the same period...

Aliko Dangote Becomes First African to Hit $30bn Mark

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October 26, (THEWILL) — Africa’s wealthiest individual, Aliko Dangote has reached a $30 billion net worth as of October 23, 2025, according to Bloomberg’s Billionaire Index. This milestone reflects a $2.16 billion year-to-date increase in his fortune, with a recent...

Access Holdings Reports N2.5trn Gross Earnings In H1 2025

October 25, (THEWILL) — Access Holdings Plc has announced its half-year audited financial results for the period ended June 30, 2025. The Group’s financial results for the half year ended June 30, 2025, reflect the resilience of our...

UPDATED: FG’s Anti-Money Laundering Strategy Gains Global Recognition as FATF Delists Nigeria from Grey List

October 24, (THEWILL) — Nigeria has achieved a major milestone in its fight against money laundering, terrorism financing, and proliferation financing following its official removal from the grey list of the Financial Action Task Force (FATF). FATF President, Elisa de...

Equities Market Sustains Uptrend As ASI Climbs 0.75 Percent

October 24, (THEWILL) — The Nigerian Exchange (NGX) extended its bullish momentum on Friday, October 24, 2025, as renewed interest in mid- and large-cap stocks lifted key market indicators for the third consecutive session. The All-Share Index (ASI) advanced...

Nigerian T-Bills, Bond Yields Decline Across Maturities as Demand Strengthens

October 22, (THEWILL) — Yields on Nigerian Treasury bills and Federal Government bonds fell across most maturities last week, reflecting renewed investor demand and improved liquidity in the fixed-income market. The decline follows a period of cautious trading, as investors...

Rising Borrowing Pushes Nigeria’s 2024 Fiscal Deficit to ₦13.5tn

October 24, (THEWILL) — Nigeria’s fiscal deficit widened sharply in 2024, reaching ₦13.5tn, according to data from the Budget Office, underscoring the deepening gap between government revenue and expenditure. The surge was driven by rising recurrent spending, soaring debt-service obligations,...

Sales Surge Lifts Guinness Nigeria To ₦15.8bn Q3 Profit, 315% Jump YoY

October 24, (THEWILL) — Guinness Nigeria Plc reported a robust rebound in its third-quarter (Q3) 2025 performance, posting a ₦15.8 billion profit before tax (PBT) a 315.4% jump compared to the same period in 2024. The result marks one...

Equities Market Rises By 0.49% As Investors Sustain Selective Buying

October 23, (THEWILL) — The Nigerian Exchange Limited (NGX) sustained its bullish momentum on Thursday, October 23, 2025, as renewed interest in medium- and large-cap stocks lifted key performance indicators. The All-Share Index (ASI) climbed by 0.49 per cent to...
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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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