Ogochukwu Onwaeze, THEWILL

May 20, (THEWILL) — Nigeria’s tax revenue increased to ₦7.44 trillion in the first quarter of 2026, representing a 23.2 percent year-on-year growth, but collections still missed the government’s target by ₦2.24 trillion despite ongoing tax reforms. Documents presented by...

May 20, (THEWILL) — The Nigeria Customs Service (NCS) has launched a new digital passenger declaration platform to reduce delays, improve transparency, and enhance operations at Nigeria’s international airports. The platform, known as the Simplified Customs Advanced Declaration System (SCADS),...

May 20, (THEWILL) — Global revenues generated from carbon pricing mechanisms rose above $107 billion in 2025, according to the World Bank’s latest “State and Trends of Carbon Pricing 2026” report. The report showed that annual revenues from emissions trading...

May 19, (THEWILL) — Nigeria’s equities market sustained its upward momentum on Tuesday as the benchmark indices closed higher, driven by renewed buying interest in select mid- and small-cap stocks. At the close of trading, market capitalisation rose from ₦160.362...

May 19, (THEWILL) — The Central Bank of Nigeria (CBN) has announced a fresh ₦650 billion Nigerian Treasury Bills (NTBs) auction scheduled for Wednesday, May 20, 2026, as part of the Federal Government’s second-quarter domestic borrowing programme. The auction, disclosed...

May 19, (THEWILL) — As Nigeria grapples with rising cooking gas prices and worsening energy supply shortages, DEER Nigeria has launched the third version of its digital energy platform, designed to simplify access to cooking gas, diesel, electricity tokens,...

May 19, (THEWILL) — The Federal Government has announced plans to introduce fresh regulations and implementation guidelines to tackle illegal and multiple taxation by state and local governments across Nigeria. The Minister of Finance and Coordinating Minister of the Economy,...

May 19, (THEWILL) — Dangote Petroleum Refinery has reduced the ex-depot price of aviation fuel, also known as Jet A1, from ₦1,750 to ₦1,650 per litre, in a move expected to ease mounting pressure on Nigeria’s aviation industry. The refinery...

May 19, (THEWILL) — Nigeria’s Securities and Exchange Commission (SEC) has issued fresh guidance ahead of the country’s transition to a T+1 settlement cycle for equities and commodities transactions, a move to deepen market efficiency and align the local...

May 18, (THEWILL) — The Nigerian equities market opened the week on a marginally bearish note as mild profit-taking activity dragged key performance indicators lower on the Nigerian Exchange Limited. Market capitalisation declined slightly from ₦160.443 trillion to ₦160.362 trillion,...