Business

April 08, (THEWILL) — Nigeria has regained its Frontier Market classification by FTSE Russell, marking a key milestone in the country’s return to global equity benchmarks and strengthening the visibility of its capital market among international investors. The reclassification...

April 08, (THEWILL) — The Central Bank of Nigeria (CBN) has unveiled plans to recapitalise and restructure development finance institutions (DFIs) to address a widening ₦130 trillion funding gap facing micro, small and medium enterprises (MSMEs). The Deputy Governor for...

April 08, (THEWILL) — Eterna Plc has reported a strong financial performance for the year ended December 31, 2025, with a significant rise in profitability and a more robust balance sheet position. The company posted revenue of ₦302.37bn, while profit...

April 07, (THEWILL) — Zenith Bank recorded a strong performance in fee-based income for the 2025 financial year, raking in N291.8 billion from commissions and related charges. This was disclosed in the bank’s audited financial results released on Tuesday,...

April 07, (THEWILL) — The Nigerian equities market resumed trading on Tuesday on a positive note following the public holiday, as investors pushed key indicators higher despite mixed sentiment across stocks. At the close of trading, the market capitalisation advanced...

April 07, (THEWILL) — Air India CEO and Managing Director, Campbell Wilson, has announced his resignation, ending a nearly four-year tenure leading the Tata Group-owned airline through a sweeping post-privatisation transformation. Wilson, a New Zealand national with over 25...

April 07, (THEWILL) — Aliko Dangote has announced a significant increase in fuel and fertiliser exports from the Dangote Group to African markets affected by supply disruptions linked to the Iran war. Speaking during a tour of the Dangote Petroleum...

April 07, (THEWILL) — PiggyVest, a leading digital savings and investment platform in Nigeria, has surpassed ₦3 trillion in total payouts to its users, underscoring its growing influence in the country’s financial ecosystem. The milestone coincides with the company’s 10th...

April 07, (THEWILL) — Nigeria’s business environment remained in expansion territory in March 2026, but momentum weakened significantly as economic pressures intensified. This is according to the latest Business Confidence Monitor (BCM) released by the Nigerian Economic Summit Group (NESG),...

April 07, (THEWILL) — Nigeria is spending an estimated $850 million annually on foreign cloud infrastructure, embedding its fast-growing digital economy in systems located thousands of kilometres away and increasingly exposed to geopolitical shocks. That vulnerability came into focus in...