Business

H1 2025: Seplat Energy’s Report Shows Quantum Leap in Gas Expansion

August 17, (THEWILL) — Seplat Energy Plc, dually listed on the London Stock Exchange and the Nigerian Exchange, advanced its drive in gas expansion in the first half of the year, buoyed by the company’s buyout of ExxonMobil’s Nigeria...

APT Securities Sees NGX Market Cap Above N100trn in 2025

August 17, (THEWILL) — Managing Director and Chief Executive Officer of APT Securities and Funds Limited, Kasimu Garba Kurfi, has projected that the Nigerian Exchange (NGX) market capitalisation will surpass ₦100 trillion by the end of 2025, buoyed by...

Nigeria’s Inflation Slows to 21.88% In July 2025 – NBS

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August 15, (THEWILL) — Nigeria’s headline inflation eased for the fourth consecutive month in July 2025, dropping to 21.88 per cent from 22.22 per cent in June, according to the Consumer Price Index report released Friday by the National...

FirstBank Charts New Course For Non-Oil Exports, Announces 2025 Edition Of Agric and Export Conference

August 14, (THEWILL) — FirstBank, West Africa’s premier financial institution and a leading driver of financial inclusion, has announced the 2025 edition of its flagship Agric and Export Conference. The event, themed “The Fundamentals of Building a Non-Oil Export-Driven Economy”,...

Bitcoin Hits New All-Time High Above $124,000, Pushes Market Capitalisation To $2.4trn

August 14, (THEWILL) — World's largest cryptocurrency, Bitcoin, on Thursday, hit a new all-time high of $124,126 for the first time before easing slightly to $123,868. The milestone pushed Bitcoin's market capitalisation to $2.4 trillion, making it the fifth-largest asset...

Dangote Slashes Petrol Price To N820 Per Litre

August 13, (THEWILL) — Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N850 to N820 per litre. Effective August 12, 2025, the company described the move as...

Nestle Nigeria’s Strong Rebound Raises Hopes for Backward Integration

August 11, (THEWILL) — Predominant consumer goods firm, Nestle Nigeria Plc, experienced a strong rebound in the first half of 2025 after seeing sharp losses in 2023 and 2024 due to currency devaluation, and this is good news for...

FirstBank Champions Inclusive Fintech Innovation At CAFS 2025

August 10, (THEWILL) — FirstBank has reaffirmed its 131-year legacy by championing fintech innovation and inclusion at the Canada-Africa Fintech Summit 2025 (CAFS 2025), which took place from August 5 to 8, at the Sheraton Centre in Downtown Toronto. Convened...

Experts Fault Capital Inflows Euphoria As Investors Shun Productive Sectors

August 10, (THEWILL) — Prominent economists, financial analysts and industry experts have reacted to the recent Q1 2025 Capital Importation report by the National Bureau of Statistics (NBS), which showed a significant increase of investment inflow to the Nigerian...

New NDIC Boss Announces N54.6bn Disbursement to Heritage Bank Depositors

August 10, (THEWILL) — The Nigeria Deposit Insurance Corporation has disbursed the sum of N54.62 billion to 691,418 depositors of the defunct Heritage Bank and also declared a liquidation dividend of 9.2 kobo per naira to uninsured depositors. This was...