Business

April 14, (THEWILL) — Transnational Incorporated Plc has reported a pretax profit of ₦1.21 trillion for the year ended December 31, 2025, marking a 23.6 percent increase from ₦986.6 billion recorded in 2024. The audited results, released on the Nigerian...

April 14, (THEWILL) — Nigeria’s insurance industry recorded a strong 47.3 percent year-on-year growth in Gross Premium Written (GPW), rising to ₦2.301 trillion in 2025 from ₦1.558 trillion in 2024, according to the National Insurance Commission (NAICOM). In its latest...

April 14, (THEWILL) — French cement giant, Lafarge, has been found guilty of financing terrorism after transferring $6.5 million to armed groups between 2013 and 2014 to sustain its operations in war-torn Syria. The landmark ruling, delivered on Monday by...

April 14, (THEWILL) — The Pan-African Manufacturers Association has warned that Africa’s share of global Foreign Direct Investment (FDI) remains stalled between four and six per cent, underscoring the continent’s limited role in global manufacturing. In its March 2026 Manufacturing...

April 14, (THEWILL) — Nigeria and Morocco are set to advance their long-anticipated transcontinental gas pipeline project, with both countries preparing to sign an intergovernmental agreement later this year, according to a Reuters report on Monday. The agreement is expected...

April 14, (THEWILL) — Lagos State Governor, Babajide Sanwo-Olu, has revealed that youths in the state contribute an estimated N4.5 trillion annually to its Gross Domestic Product (GDP), underscoring their critical role in driving economic growth and innovation. The governor...

April 14, (THEWILL) — Nigeria’s crude oil production remained below its quota set by the Organisation of the Petroleum Exporting Countries (OPEC), extending a streak of underperformance to eight consecutive months. According to OPEC’s April Monthly Oil Market Report, the...

April 13, (THEWILL) — Nigeria’s foremost industrialist, Aliko Dangote, is advancing plans to launch what could become Africa’s largest initial public offering, as Dangote Petroleum Refinery & Petrochemicals prepares to raise to $5 billion from investors. The highly anticipated share...

April 13, (THEWILL) — The Nigerian equities market closed Monday’s trading session on a positive note, as bargain hunting across selected counters pushed key performance indicators higher. Market capitalisation advanced from ₦131.165 trillion at the opening of trade to...

April 13, (THEWILL) — The Federal Government has eliminated import duties on electric vehicles (EVs), mass transit buses, and manufacturing machinery, in a sweeping fiscal move aimed at easing cost pressures and curbing inflation. The announcement was disclosed on Monday...