Business

Economy Sustains Momentum As GDP Rises 4.07% In Q4 2025, Annual Expansion Hits 3.87%

February 28, (THEWILL) — Nigeria’s economy sustained its growth momentum in the fourth quarter of 2025, with Gross Domestic Product (GDP) rising by 4.07 percent in real terms, while full-year expansion settled at 3.87 percent, according to the...

NGX Enforces Compliance, Fines 13 Insurers ₦378 Million for Reporting Breaches

February 27, (THEWILL) — The Nigerian Exchange Group (NGX Group) has imposed penalties totaling ₦378 million on 13 insurance companies for repeated breaches of financial reporting rules, in a move the exchange described as part of its ongoing...

Neimeth Calls Court-Ordered Meeting To Approve ₦1.9bn Share Transfer

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February 27, (THEWILL) — Neimeth International Pharmaceuticals Plc has announced plans to convene a court-ordered meeting of its shareholders to consider and approve a proposed ₦1.9 billion share transfer arrangement. The meeting, scheduled in compliance with a directive of the...

NGX Group Posts ₦15.6bn FY 2025 Profit, Declares ₦3 Dividend, 1-For-3 Bonus Shares

February 27, (THEWILL) — Nigerian Exchange Group (NGX Group) has reported a Profit Before Tax (PBT) of ₦15.6 billion for the financial year ended December 31, 2025, reflecting improved earnings resilience, stronger margins, and a reinforced balance sheet despite...

CAC Registration: Micheal Nwabufo Calls For Stronger Cryptocurrency Regulation

February 27, (THEWILL) — An Ambassador to the Corporate Affairs Commission (CAC), Mr Micheal Nwabufo, popularly known as Mike Premium, has called for stricter regulation of cryptocurrency operations in Nigeria, emphasising the need for greater oversight to protect investors...

NUPRC Unveils Timeline For 2025 Oil Licensing Round

February 27, (THEWILL) — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a firm deadline for registration in the 2025 oil licensing round, signalling the commencement of another major investment cycle in Nigeria’s upstream petroleum sector. According to the...

Data Boom Lifts MTN, Airtel To ₦6.8trn Revenue As Internet Earnings Hit ₦3.5trn

February 27, (THEWILL) — Nigeria’s two largest telecom operators, MTN Nigeria Communications Plc and Airtel Nigeria, recorded a combined revenue of approximately ₦6.8 trillion in their latest financial year, underscoring the continued expansion of the country’s digital economy and...

MTN Nigeria Posts ₦1.7trn Profit In 2025, Declares ₦15 Final Dividend In Strong Comeback Year

February 27, (THEWILL) — After a turbulent 2024, MTN Nigeria Communications Plc has staged an extraordinary recovery, reporting a pre-tax profit of ₦1.7 trillion for the financial year ended December 31, 2025, one of the most significant turnarounds in...

Equities Market Faces Broad-Based Selling as ASI Declines on Thursday

February 26, (THEWILL) — The Nigerian equities market closed Thursday’s session on a bearish note as selling pressure across key sectors outweighed gains in select counters. Profit-taking dominated the day, particularly in financial and consumer-focused stocks, leading to a...

Nigerian Crude Rally Pushes Prices Beyond $70, Outpaces 2026 Budget Benchmark

February 26, (THEWILL) — Nigeria’s crude oil has staged a notable rally, climbing past the $70 per barrel mark and moving above the benchmark set by the Federal Government of Nigeria for its 2026 budget projections. The surge comes as...
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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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