Business

April 17, (THEWILL) — Aliko Dangote, President of the Dangote Group, has raised concerns that entrenched foreign interests are hindering Africa’s industrialisation and delaying its path to economic self-sufficiency. Speaking at the Investing in Africa Forum during the IMF/World Bank...

April 17, (THEWILL) — Flutterwave has convened a high-level roundtable on Africa’s digital economy, bringing together global investors, policymakers, and development institutions on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C. Held in partnership with Invest Africa...

April 17, (THEWILL) — Nearly N30 billion in pension contributions remains uncredited to workers’ Retirement Savings Accounts (RSAs), highlighting persistent inefficiencies in Nigeria’s Contributory Pension Scheme (CPS). Data from the National Pension Commission (PenCom) shows that N29.84 billion is currently...

April 17, (THEWILL) — The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said Nigeria will not seek loans from the International Monetary Fund (IMF) at this time, despite rising concerns over the country’s growing...

April 17, (THEWILL) — The International Monetary Fund (IMF) has declined to take a position on whether Nigeria should prioritise external or domestic borrowing, stressing the importance of overall debt sustainability instead. This position was stated on April 16, 2026,...

April 16, (THEWILL) — First City Monument Bank is leveraging cultural platforms to drive small business growth, financial inclusion, and broader market access, positioning events like the Ibadan Cultural Festival as viable economic hubs. The bank, a lead partner of...

April 16, (THEWILL) — The Dangote Petroleum Refinery exported about 434 million litres of Premium Motor Spirit (petrol) in March 2026, after production significantly outpaced domestic consumption, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Figures...

April 16, (THEWILL) — The Nigerian equities market sustained its bullish momentum as investors continued to accumulate fundamentally strong stocks, pushing key performance indicators higher at the close of trading. The market capitalisation opened the session at ₦134.772 trillion and...

April 16, (THEWILL) — African Export-Import Bank (Afreximbank) posted a profit of US$1.15 billion (about ₦1.5 trillion) for 2025, up from US$973.5 million (₦1.3 trillion) recorded in 2024, reflecting stronger earnings and continued balance sheet expansion. The improved performance was...

April 16, (THEWILL) — Nigerian crude grades rebounded in Asian trading on Thursday, recovering from earlier losses and trading at a notable premium over global benchmark Brent, supported by stronger-than-expected economic data from China. Brass River, a key Nigerian...