Business

December 18, (THEWILL) — Following THEWILL's report that Nigeria risks fiscal chaos through the planned implementation of multiple budgets, the Federal Government has taken a decisive step to avert the impending crisis. In a move to...

December 17, (THEWILL) — The Nigerian equities market closed higher on Wednesday, December 17, 2025, extending its positive momentum as sustained buying interest lifted key indicators. Market capitalisation opened at N95.280 trillion and closed higher at N95.525 trillion, while the...

December 17, (THEWILL) — Seplat Energy Plc has announced the appointment of Saidu Mohammed and Larry Ettah as Independent Non-Executive Directors to its board, with effect from January 1, 2026, according to a regulatory filing by the company. The appointments...

December 17, (THEWILL) — Nigeria has reiterated its commitment to macroeconomic stability, policy credibility, and market-driven reforms as the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, engaged senior U.S. business leaders and institutional investors...

December 17, (THEWILL) — Global oil prices fell to around $58 a barrel, their lowest level since February 2021, sending fresh signals to investors about slowing economic momentum and triggering moves across global financial markets. The sharp drop in crude...

December 17, (THEWILL) — The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has disowned a ‘fake’ statement circulating in the media and on social platforms as his purported response...

December 16, (THEWILL) — The Central Bank of Nigeria (CBN) has revoked the operational licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc over persistent regulatory infractions, as part of efforts to strengthen stability...

December 16, (THEWILL) — United Bank for Africa (UBA) Plc has announced key changes to its Executive Board, signalling a leadership reshuffle ahead of the new financial year. The updates, set to take effect from January 1, 2026,...

December 16, (THEWILL) — Inflows into Nigeria’s Federation Account rose to ₦23.06 trillion in the first 10 months of 2025, driven by ongoing fiscal reforms, tighter audits, and improved coordination among revenue-generating agencies, the Revenue Mobilisation Allocation and Fiscal...

December 16, (THEWILL) — BUA Foods Plc has moved closer to completing what is expected to be Nigeria’s largest integrated sugar refinery, marking a major milestone in the company’s drive to deepen local production and reduce the country’s...