Business

Dangote Appoints Hassan Mahmud As Group Chief Economist

December 16, (THEWILL) — Dangote Group has appointed renowned economist and former Central Bank of Nigeria (CBN) Director, Dr Hassan Mahmud, as its Group Chief Economist, bolstering the conglomerate’s economic advisory capacity amid heightened global and domestic market...

LASACO Assurance Seeks To Triple Share Capital To N36.08bn

December 16, (THEWILL) — LASACO Assurance Plc has announced plans to raise its share capital to N36.08 billion through a combination of a Rights Issue and a Private Placement, as the insurer moves to strengthen its capital base and...

NGX Records Narrow Gains Amid Stock-Specific Buying Interest

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December 15, (THEWILL) — The Nigerian equities market closed marginally higher on Monday, December 15, 2025, as modest bargain hunting in select stocks offset selloffs across other counters. Market capitalisation edged up slightly to close at N95.267 trillion from an...

UPDATED: Nigeria’s Inflation Eases to 14.45% in November As Price Pressures Subside

December 15, (THEWILL) — Nigeria’s headline inflation rate declined for the eighth consecutive month in November 2025, easing to 14.45 per cent year-on-year, according to the latest Consumer Price Index (CPI) report released on Monday by the National...

Ellah Lakes Posts Strong Revenue Surge in Q3 2025 While Losses Deepen Amid Expansion

December 15, (THEWILL) — Ellah Lakes Plc has reported a dramatic jump in revenue for the third quarter ended April 30, 2025, underscoring the early impact of its expanded palm-oil operations and renewed focus on large-scale tree-crop agriculture. However,...

Fiscal Chaos: FG Defers 70% of 2025 Capital Projects to 2026, Amid Overlapping 2023-25 Items

December 15, (THEWILL) — The Federal Government’s decision, through the Federal Ministry of Budget and Economic Planning, to defer the implementation of 70 percent of capital projects initially appropriated in the 2025 fiscal year to 2026, is seen as...

Cross River Govt Flags off World Bank-Project for Maritime Prospects

December 15, (THEWILL) — Cross River State governor, Senator Bassey Edet Otu, has reaffirmed his administration’s commitment to positioning the state as a major force in Nigeria’s emerging blue economy as he formally launched a World Bank–supported upskilling programme...

NASENI Launches FutureMakers to Instil Creativity in Younger Generations

December 15, (THEWILL) — The National Agency for Science and Engineering Infrastructure (NASENI) has launched FutureMakers, a programme targeted at instilling a culture of innovation and creativity among children 15 years and below. In his keynote address at the event...

Recapitalisation Pressures Mount For Insurers Amid Broker Demands

December 15, (THEWILL) — Insurance underwriters are facing mounting pressure to recapitalise as brokers, key distribution partners in the insurance value chain, increasingly demand stronger balance sheets, improved claims-paying capacity, and greater financial resilience in a challenging operating...

BUA Rewards Staff Loyalty With ₦30bn Payout At 2025 Night Of Excellence

December 15, (THEWILL) — BUA Group has disbursed ₦30 billion to 510 employees at its 2025 Night of Excellence and Long Service Awards, making it one of the most significant employee reward initiatives by a Nigerian private sector...