Ogochukwu Onwaeze, THEWILL

Nigeria’s non-oil exports rose from $2.97bn in 2013 to a record $6.1bn in 2025, while the number of export markets increased from 93 to 210. Nigerian exporters added 117 markets over the period, including Nepal, Sri Lanka, Oman,...

August 10, (THEWILL) — Nigeria’s recent emergence as the world’s best-performing stock market in 2026 was received with mixed feelings. The rally was built on an exceptional performance recorded a year earlier when the Nigerian Exchange (NGX) ranked as...

Aradel Holdings and Seplat Energy ended the first half of 2026 with combined assets of ₦19.11tn, reflecting the growing scale of Nigeria’s indigenous upstream oil companies. Aradel accounted for ₦10.87trn of the combined asset base after consolidating major...

Nigeria Revenue Service Chairman Zacch Adedeji says the government’s tax reforms are designed to increase economic prosperity rather than extract more money from households and businesses. Adedeji said the NRS has a direct interest in businesses succeeding because...

August 09, (THEWILL) — Two years after the Supreme Court ordered that Federation Account allocations due to Nigeria’s 774 local government councils be paid directly to them, the financial autonomy granted by the judgment has yet to be fully...

August 09, (THEWILL) — The Nigerian equities market ended the week on a marginally positive note as the NGX All-Share Index (ASI) and market capitalisation appreciated by 0.12 percent, closing at 245,573.60 points and ₦158.513 trillion respectively. The modest gain...

The Nigerian Exchange Limited will introduce a revised equity pricing methodology from August 17, requiring trades to meet minimum volume thresholds before they can trigger a published share-price movement. The new thresholds will vary according to a stock’s...

Femi Otedola has increased his stake in First HoldCo Plc after acquiring an additional 138.04 million shares valued at about ₦18.11 billion. The latest purchase takes his holding in the financial services group from 25.8 percent to 26.1...

Nigerian equities market added ₦235 billion on Friday as the NGX All-Share Index rose 0.15 percent, extending its recovery despite mixed trading activity. Investors remained selective, with UPDC, CWG and MANSARD among the session’s biggest gainers, while Red...

The Bank of Industry has opened subscriptions for a ₦250bn five-year fixed-rate bond to raise long-term funding for businesses across key sectors of the Nigerian economy. The bond, which offers a yield of between 17.35% and 17.50%, will...