Business

September 09, (THEWILL) — Taiwo Oyedele, the chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has refuted reports that the implementation of the Federal Government’s proposed 5% tax on petroleum products, will commence on January 1, 2026. The...

September 08, (THEWILL) — United Bank for Africa (UBA) has announced an extension of its ongoing rights issue application, originally scheduled to close on Friday, 5th September 2025, by 14 days.   Following approval from the Securities and Exchange Commission, the...

September 07, (THEWILL) — The production of petrol by the Dangote Petroleum Refinery, which commenced a year ago, has brought the predicted stability to the economy while boosting job opportunities, eliminating queues at the petrol stations and ending total...

September 07, (THEWILL) — Investors in the Nigerian equity market lost a total of N859 billion during the week ended Thursday, September 4 – a four-day trading period resulting from the declaration of Friday, September 5, as a public...

September 07, (THEWILL) — Afrinvest (West Africa) Limited, Nigeria’s leading investment and financial advisory firm, is set to celebrate a dual milestone: 30 years of innovation and leadership in financial services, and unveiling of the 20th edition of its...

September 04, (THEWILL) — The Dangote Refinery has shut down its petrol processing unit to fix catalyst leaks and other technical issues. Reuters reports that the plant’s 204,000 barrels-per-day Residue Fluidized Catalytic Cracking Unit (RFCCU) has been offline since...

September 03, (THEWILL) — The Federal Government plans to sell a portion of its shares in two electricity distribution companies (DisCos) and a generation company (GenCo) by listing them on the Nigerian Exchange (NGX). This move is part...

September 03, (THEWILL) — President Bola Tinubu on Tuesday announced that Nigeria achieved its 2025 revenue target in August, attributing the milestone to economic reforms that expanded growth in the non-oil sector. Speaking at the Presidential Villa during a...

September 02, (THEWILL) — Providus Bank is set to assume the corporate identity of Unity Bank under a merger scheme that will see Unity shareholders either paid in cash or allotted shares in Providus. According to the scheme, Providus...

September 02, (THEWILL) — The Nigerian National Petroleum Company Limited, in partnership with the TotalEnergies–Sapetro Consortium, has signed a landmark Production Sharing Contract for Petroleum Prospecting Licences 2000 and 2001, marking a major breakthrough in Nigeria’s upstream oil and...