Business

Zenith Bank Posts Modest Profit Growth, Eyes Double Dividend Payout

April 08, (THEWILL) — Zenith Bank recorded a marginal increase in earnings for the 2025 financial year, as slower growth in interest income and a sharp reversal in trading gains weighed on overall performance. The lender’s gross earnings rose...

NGX Sees Strong Rallies in Key Counters Amid Broad Market Sell-Offs

April 08, (THEWILL) — The Nigerian Exchange (NGX) recorded a strong positive session on Wednesday. The market capitalisation opened at N130.014 trillion and closed at N130.404 trillion, while the All-Share Index (ASI) advanced from 202,023.10 to 202,585.54. The session saw 24...

Nigerian Ports Record Trade Surge With Arrival Of 41 Ships

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April 08, (THEWILL) — In a major boost for Nigeria’s trade and supply chain, the Nigerian Ports Authority (NPA) has confirmed that 41 vessels carrying petroleum products, food items, and other essential goods are scheduled to dock at Lagos...

Dangote Slashes Petrol Price To ₦1,200 Amid Global Oil Slide

April 08, (THEWILL) — The Dangote Refinery has cut the ex-gantry price of Premium Motor Spirit (PMS) by ₦75, bringing it down to ₦1,200 per litre, industry sources confirmed on Wednesday. The price cut followed weeks after the...

FTSE Russell Reinstates Nigeria As Frontier Market, Signalling Renewed Global Investor Access

April 08, (THEWILL) — Nigeria has regained its Frontier Market classification by FTSE Russell, marking a key milestone in the country’s return to global equity benchmarks and strengthening the visibility of its capital market among international investors. The reclassification...

CBN Plans DFI Overhaul To Bridge ₦130trn MSME Financing Gap

April 08, (THEWILL) — The Central Bank of Nigeria (CBN) has unveiled plans to recapitalise and restructure development finance institutions (DFIs) to address a widening ₦130 trillion funding gap facing micro, small and medium enterprises (MSMEs). The Deputy Governor for...

Eterna Posts 53 Percent Profit Surge, Strengthens Balance Sheet In 2025

April 08, (THEWILL) — Eterna Plc has reported a strong financial performance for the year ended December 31, 2025, with a significant rise in profitability and a more robust balance sheet position. The company posted revenue of ₦302.37bn, while profit...

Zenith Bank’s Fee and Commission Income Hits N291.8bn in 2025

April 07, (THEWILL) — Zenith Bank recorded a strong performance in fee-based income for the 2025 financial year, raking in N291.8 billion from commissions and related charges. This was disclosed in the bank’s audited financial results released on Tuesday,...

NGX Resumes Trading on Positive Note as Market Cap Rises to ₦130.014tn

April 07, (THEWILL) — The Nigerian equities market resumed trading on Tuesday on a positive note following the public holiday, as investors pushed key indicators higher despite mixed sentiment across stocks. At the close of trading, the market capitalisation advanced...

Air India CEO Campbell Wilson Resigns

April 07, (THEWILL) — Air India CEO and Managing Director, Campbell Wilson, has announced his resignation, ending a nearly four-year tenure leading the Tata Group-owned airline through a sweeping post-privatisation transformation. Wilson, a New Zealand national with over 25...
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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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