Business

December 28, (THEWILL) — Nigeria’s downstream oil market has been thrown into intense competition as several filling stations slash petrol prices by as much as N100 per litre following the resumption of free nationwide delivery by the Dangote Petroleum...

December 28, (THEWILL) — Afrinvest, a leading Nigerian investment management firm, has expanded its operations in the South-East with the opening of a new office in Enugu State, reinforcing its commitment to bringing structured wealth management services closer to...

December 28, (THEWILL) — The Nigerian equities market in 2025 delivered one of its most polarised performances in recent memory, as trading activity between January and December produced extraordinary gains in a select group of stocks while simultaneously exposing...

December 26, (THEWILL) — The Federal Inland Revenue Service (FIRS) has accredited PricewaterhouseCoopers (PwC) as a system integrator for Nigeria’s national e-invoicing framework, a move that signals a major shift toward tighter tax transparency with growing implications for the...

December 26, (THEWILL) — The Central Bank of Nigeria (CBN) has reported a $276 million decline in inflows from International Money Transfer Operators (IMTOs), signalling softer diaspora remittance receipts amid shifting global and domestic financial conditions. The drop reflects moderation...

December 25, (THEWILL) — Nigerian banks flooded the Central Bank of Nigeria (CBN) with excess liquidity on Christmas Eve, depositing a combined ₦3.7 trillion through the Standing Deposit Facility (SDF), underscoring persistent surplus cash in the banking system despite...

December 25, (THEWILL) — The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed that the eradication of piracy in Nigerian waters is critical to the growth of the maritime sector and Nigeria’s ambition to secure a seat...

December 24, (THEWILL) — The Nigerian equities market closed the shortened trading week on a positive note, with key indicators rising despite the week being limited to three sessions following the declaration of public holidays on Thursday and Friday...

December 24, (THEWILL) — The Nigeria Deposit Insurance Corporation (NDIC) has entered into a strategic partnership with the Nigeria Inter-Bank Settlement System (NIBSS) to accelerate the reimbursement of depositors in the event of bank failures. The collaboration is aimed...

December 24, (THEWILL) — Seplat Energy Plc has announced that Saidu Mohammed has formally withdrawn his acceptance of an appointment to the company’s board following his recent appointment as Chief Executive Officer of the Nigerian Midstream and Downstream...