Business

Tax Reform: FG Targets Remote Worker Earnings through Global Data-Sharing Pact

November 13, (THEWILL) — The Federal Government has announced a new international tax cooperation initiative designed to track the income of Nigerians earning remotely from foreign employers. According to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy...

FG Suspends 15% Import Duty On Petrol, Diesel, Assures Stable Fuel Supply

November 13, (THEWILL) — The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed the suspension of the proposed 15 per cent ad-valorem import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), popularly known as...

Nigerian Equities Market Rebounds Strongly As Investors Regain Confidence

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November 12, (THEWILL) — The Nigerian equities market staged an impressive rebound on Wednesday, reversing the previous day’s losses as renewed investor confidence spurred a broad rally across sectors. Market capitalisation opened at N89.884 trillion and climbed to N92.480 trillion...

United Nigeria Airlines Expands Operations To Boost Trade, Tourism And Economic Stability

November 12, (THEWILL) — United Nigeria Airlines (UNA) has inaugurated direct flights between Abuja and Accra, as well as between Lagos and Accra, marking its entry into the regional air travel market. The inaugural flight, which departed from Abuja...

Nigeria’s New Tax Era Begins: How the 2026 Reform Will Affect Workers, Businesses, and Consumers

November 12, (THEWILL) — Nigeria is preparing for a sweeping overhaul of its tax system the Tax Reform Acts of 2025, set to take effect on January 1, 2026. These reforms are designed to modernize tax administration, widen the...

Presidency To Host Landmark National Entrepreneurship Dialogue in Abuja

November 12, (THEWILL) — The Presidency has announced plans to convene a high-level national engagement, titled “Dear Entrepreneurs, We See You, We Hear You”, aimed at deepening collaboration between government and Nigeria’s business community. The dialogue, initiated under President...

UBA Deepens Support For Businesses, Sponsors Lagos International Trade Fair For Seventh Consecutive Year

November 11, (THEWILL) — United Bank for Africa (UBA) Plc has once again reaffirmed its unwavering commitment to the growth of businesses and Africa’s economic transformation, as it sponsors the 2025 Lagos International Trade Fair (LITF) for the seventh...

Stock Market Dips Sharply Amid Bearish Sentiment

November 11, (THEWILL) — The Nigerian equities market ended Tuesday on a bearish note as both market capitalisation and the All Share Index (ASI) recorded significant declines. The market capitalisation opened at N94.526 trillion but fell to N89.884 trillion by...

Africa’s Infrastructure Transformation Requires Partnership, Inclusiveness – Alawuba

November 11, (THEWILL) — The Group Managing Director (GMD) of United Bank for Africa (UBA), Dr Oliver Alawuba, has said that achieving the much-desired infrastructure transformation for Africa entails partnership, leveraging on the inclusiveness and competitiveness of the stakeholders. Alawuba...

External Reserves Up 8.2% To $43.32bn On High FX Inflow

November 11, (THEWILL) — Nigeria’s external reserves climbed to $43.32 billion as of November 6, 2025, an 8.2 percent increase year-on-year from $40.94 billion on November 6, 2024, data from the Central Bank of Nigeria (CBN) has revealed. The...