Ogochukwu Onwaeze, THEWILL

Aradel Holdings and Seplat Energy generated a combined ₦1.54 trillion in pre-tax profit during the first half of 2026. Aradel's current tax charge almost matched its entire pre-tax earnings following the consolidation of ND Western Despite the tax...

Nigeria is positioning 22 major offshore projects to attract between $30 billion and $50 billion in fresh investments over the next five years. The investment drive is expected to boost crude production, create jobs, expand infrastructure and strengthen...

The Rural Electrification Agency has expanded its nationwide renewable energy programme to 60.82MW across six states. The latest 13.92MW interconnected hybrid solar project in Yobe builds on earlier projects in Kogi, Rivers, Adamawa, Kebbi and Plateau. REA says...

Nigerian equities market adds ₦71 billion as buying interest in insurance stocks keeps the benchmark index in positive territory. LINKASSURE, AVACAP and FTGINSURE lead the gainers’ chart, while losses in Honeywell Flour, PZ and ZICHIS weigh on market...

Muhammadu Indimi has asked the Court of Appeal to join Oriental Energy’s appeal against the $43.51 million judgement awarded to his twin daughters. The dispute centres on claims that Zara and Ameena Indimi’s combined shareholding in the company...

CBN says reforms have reduced the gap between official and Bureau de Change exchange rates to below two per cent. External reserves remain above $52 billion despite a recent pullback, with the apex bank citing stronger investor confidence. ...

Tinubu says Nigeria has become Africa’s leader in renewable energy skills development with the launch of the continent’s first Barefoot Renewable Energy College. New institution will train technicians, installers and maintenance professionals with globally recognised certifications to drive...

Investors lost ₦599 billion as heavy profit-taking dragged the benchmark index lower, with the market recording a negative breadth of 13 gainers against 42 losers. AVA Capital, NREIT and Livestock Feeds topped the gainers’ chart, but their advances...

President Bola Tinubu has invited China to partner with Nigeria through geophysical data sharing to unlock opportunities in the country's marine economy. Nigeria says technology transfer and marine intelligence will deliver greater long-term economic value than traditional development...

Nigeria and Israel have reaffirmed their commitment to expanding cooperation in security, technology, agriculture, healthcare and trade. Foreign Affairs Minister Bianca Odumegwu-Ojukwu said Nigeria is seeking Israeli expertise in counter-terrorism, intelligence and border security. Nigeria's new Ambassador to...