Business

Woodhall Capital, under the leadership of its founder Mojisola Hunponu-Wusu, is spearheading efforts to attract $50 billion in global investments aimed at accelerating development projects across Nigeria. In a recent interview, Hunponu-Wusu highlighted the firm’s growing momentum in mobilizing international capital. A key milestone in this journey was a pre-investor forum held at the Presidential Villa in Abuja, where representatives…

By Adeola Ogunrinde – Governor Babajide Sanwo-Olu on Friday rang the closing gong at the Nigerian Exchange Ltd. (NGX) in Lagos to mark the 15th anniversary of the Lagos Fashion Week. Speaking at the event, Sanwo-Olu reaffirmed his administration’s commitment to supporting and advancing Nigeria’s creative industry. He commended the organisers of Lagos Fashion Week for sustaining the platform for…

The Chairman, Senate Committee on Aviation, Senator Buhari Abdulfatai, has disclosed that the Senate will conduct a public hearing next week to investigate several issues affecting Nigeria’s aviation sector, including allegations of drug use among pilots, incessant flight delays, and rising airfares. Abdulfatai, who represents Oyo North Senatorial District, made this known on Friday during a media session in Lagos.…

The equities market segment of the Nigerian Exchange Limited (NGX) appreciated by N7.25 trillion in October 2025 over renewed investors’ confidence. As gathered by WESTERNPOST, market capitalisation in October 2025 gained N7.25trillion or eight per cent from N90.580 trillion it closed for trading in September 2025 to N97.829 trillion in October 2025, Consequently, the NGX All-Share Index advanced by 11,415.98…

Wema Bank Plc has released its unaudited financial results, reporting a profit before tax (PBT) of N146.44 billion for the nine months ended September 30, 2025, representing a 141.58per cent increase from N60.615 billion reported in the corresponding period of 2024. This growth reflects the bank’s strengthened earnings capacity despite mounting cost pressures. The nine-month financial results filed with the…

 Access Holdings Plc  on Friday announced third quarter ended September 30, 2025 result and accounts with profit after tax at N448 billion, about 2.2 per cent drop from N458billion reported in thirrd quarter of 2024.  The pan-African financiial institution announced N616billion profit before tax in Q3 2025, representing an increase of 10.4 per cent from N558 billion declared in Q3…

United Bank  for Africa (UBA) Plc has released its unaudited results for nine months of 2025, reporting profit of N537.5 billion, compared to N525 billion for the same period last year, reflecting a 2.33per  cent increase. The bank also reported gross earnings of N2.5 trillion, up 2.96 per cent in nine months of 2025 compared to N2.398 trillion in the…

The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has asserted that Africa’s economic destiny depends on its “compute capacity,” describing it as the foundation for sustainable digital transformation, job creation, and intra-African trade. Inuwa made this declaration at the 2nd Annual Sustainability Week Africa, held at The Westin in Cape Town, South Africa, where he spoke…

 In furtherance of its commitment to educational development and community empowerment, leading Pan-African Cement manufacturer, Dangote Cement Plc, has made a huge donation of education materials to public Schools in Lagos, an initiative aimed at fostering academic success and societal progress. L-R: Group Lead, Environment & Sustainability, Dangote Industries Limited, Dr. Adeyemi Adun; Group Chief, HSSE & Sustainability, Dangote Industries…

Nigerian Exchange Group Plc (NGX Group)  has announced the declaration of an interim dividend of N1.00 per ordinary share of 50 kobo each, following the approval of its unaudited financial statements for the third quarter ended 30 September 2025, at the meeting of its Board of Directors held on Wednesday, 29 October 2025. The interim dividend will be paid to…