Ogochukwu Onwaeze, THEWILL

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...

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...

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...

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...

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...

February 26, (THEWILL) — Seplat Energy Plc has reported a strong financial performance for the full year ended 2025, with profit before tax (PBT) rising by 86.7 percent to $497.8 million, compared to $266.7 million recorded in the...

February 26, (THEWILL) — Nestlé Nigeria Plc has posted a strong turnaround in the 2025 financial year, returning to profitability with a Profit Before Tax (PBT) of ₦166.8 billion, compared with a pre-tax loss of ₦221.5 billion in 2024,...

February 26, (THEWILL) — The NRS has set an ambitious revenue target of ₦40.7 trillion for the 2026 fiscal year, signalling a renewed push to strengthen tax administration and expand the national revenue base amid ongoing fiscal reforms...

February 25, (THEWILL) — The Naira strengthened modestly in Nigeria’s parallel (black) foreign exchange market on Wednesday, following the Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR) from 27 percent to 26.5 percent. The...

February 25, (THEWILL) — Stanbic IBTC Holdings Plc has signalled a potential delay in the filing of its Audited Financial Statements (AFS) for the financial year ended December 31, ahead of the March 31 regulatory deadline. In a notification to...