Business

May 07, (THEWILL) — The Nigerian equities market closed lower on Thursday as sustained sell pressure across key counters weighed on the benchmark indices despite a strong number of advancing stocks. Market capitalisation declined from ₦155.780 trillion to ₦153.858 trillion,...

May 07, (THEWILL) — First City Monument Bank (FCMB), the flagship banking arm of FCMB Group, has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to N10K million to women entrepreneurs to...

May 07, (THEWILL) — Veritas Kapital Assurance Plc recorded a pretax profit of ₦1.8 billion in the first quarter of 2026, buoyed by strong growth in aviation insurance and improved earnings from core underwriting operations. According to the company’s unaudited...

May 07, (THEWILL) — The Central Bank of Nigeria (CBN) allotted ₦731.75 billion at its Treasury Bills Primary Market Auction conducted on May 6, 2026, amid overwhelming investor demand for long-dated government securities. Auction results obtained by Nairametrics showed that...

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...