Business

March 10, (THEWILL) — FCMB Group Plc has successfully attained the ₦500 billion capital raise for international licensing ahead of the Central Bank of Nigeria’s (CBN) March 31 recapitalisation deadline. This was disclosed in a statement dated March 8, 2026,...

March 10, (THEWILL) - Operatives of the Ondo State Police Command have arrested a suspected notorious kidnap gang leader, Abdullahi Lawal, who had allegedly been terrorising communities in the Akoko axis of the state. Lawal was apprehended in Ikare-Akoko, Akoko...

March 09, (THEWILL) — Finance ministers of the Group of Seven (G7) have warned of mounting economic risks as global oil prices climbed above $100 per barrel, prompting emergency discussions on possible market interventions to stabilise energy supplies and...

March 09, (THEWILL) — Trading on the Nigerian equities market opened the week on a mildly positive note as investors selectively accumulated stocks across key sectors, pushing the market to a modest gain at the close of Monday’s session. At...

March 09, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a sharp decline in revenue in January 2026, with earnings falling to ₦2.57 trillion from ₦4.82 trillion reported in December 2025, according to the company’s latest...

March 09, (THEWILL) — The National Sugar Development Council (NSDC) has partnered with the Bank of Industry (BOI) to launch a ₦10 billion Sugar Project Acceleration Fund to boost the development of new sugar projects across Nigeria. The fund is...

March 09, (THEWILL) — Nigerians are to embrace a fresh spate of cost-of-living crisis as crude oil soared past $110 per barrel in the international market on Sunday, March 8, 2026, amid ongoing war in the Persian Gulf. The...

March 09, (THEWILL) — Nigeria’s consumer giants have survived currency shocks, border closures, fuel subsidy removals and recessions. Yet the high interest-rate environment of 2024–2025 may prove to be their most destructive challenge. At lending rates ranging between 38 percent...

March 09, (THEWILL) — The Central Bank of Nigeria (CBN) has announced that 30 banks have successfully met the new minimum capital requirements introduced under its ongoing banking sector recapitalisation programme, while three others are currently undergoing regulatory verification. The...

March 08, (THEWILL) — Transnational Corporation (Transcorp) PLC's 2025 performance, featuring 31 percent pre-tax growth to N175.9 billion and assets crossing N1 trillion, highlights the resilience of the service sector. This success, driven by power and hospitality, showcases robust...