Business

April 20, (THEWILL) — Global oil prices surged sharply on Monday after renewed hostilities between the United States and Iran triggered the reclosure of the Strait of Hormuz, sending fresh shockwaves through energy markets and raising concerns over global...

April 20, (THEWILL) — Stanbic IBTC Holdings Plc has reported a strong financial performance for the 2025 financial year, with profit before tax rising sharply to ₦551.7 billion from ₦303.7 billion recorded in 2024. The growth was largely driven by...

April 20, (THEWILL) — GTCO Holdings Plc recorded a robust revenue performance in 2025, clearly indicating its strength during a year characterised by stricter regulatory reforms and competitive recapitalisation efforts, as the Group prepares for the next stage of...

April 20, (THEWILL) — The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to cut import duties on renewable energy equipment to 5 percent and grant a full Value Added Tax (VAT) waiver...

April 20, (THEWILL) — Nigeria is overhauling its revenue model, shifting away from heavy dependence on import and export duties toward a consumption-driven tax system. Under the 2026 Fiscal Policy Measures and Tariff Amendments, the Federal Government has reduced...

- Group Surpasses N30trn Assets Mark April 19, (THEWILL) — Zenith Bank Plc's offshore subsidiaries reported a combined post-tax profit of N116.43 billion in 2025, representing an increase of N23 billion, compared to the N93.39 billion achieved in the previous...

April 19, (THEWILL) — The Nigerian equities market closed the week on a strong bullish trajectory, with investors sustaining aggressive buying activity across banking and industrial stocks. A total turnover of 3.588 billion shares worth ₦195.313 billion was traded this...

April 19, (THEWILL) — The Nigeria Deposit Insurance Corporation (NDIC) has commenced the final phase of winding down 89 defunct Microfinance Banks (MFBs) and one Primary Mortgage Bank (PMB), following their successful resolution under the Purchase and Assumption (P&A)...

April 19, (THEWILL) — In line with commitment to driving innovation and supporting a more efficient and transparent capital market, the Central Securities Clearing System Plc (CSCS), has rolled out a range of new services aimed at improving investor...

April 19, (THEWILL) — In furtherance of its commitment to deepening the Nigerian debt capital markets and supporting corporate access to long-term funding, FMDQ Securities Exchange Limited has approved the listing of Veritasi Homes & Properties PLC’s N10.00 billion...