Business

Nigeria has attracted nearly $2 billion in renewable energy investments over the past two years, but the REA says the country must convert the inflows into local manufacturing, skilled jobs and industrial growth. The Agency warned that expanding...

July 27, (THEWILL) — The emergence of 31 companies as winners of 37 oil and gas blocks in in the recently concluded Nigeria's 2025 Licensing Round represents a strategic opportunity to boost the local content agenda – a policy...

Brent crude fell more than 5 percent on Monday after the United States and Iran paused attacks over the weekend, raising hopes that diplomatic efforts could ease tensions in the Middle East. The decline followed weeks of sharp...

NGX Group declared an interim dividend of ₦1.30 per share after posting a record first-half performance, with profit before tax surging 170 percent to ₦14.76 billion. Revenue more than doubled to ₦17.60 billion, driven by a sharp increase...

July 26, (THEWILL) — Northern Nigeria, once regarded as the nation's agricultural powerhouse and demographic engine, is facing what may be its deepest socio-economic crisis in decades. The cause: Insecurity. Across the North-East, North-West and parts of the North-Central geo-political...

July 26, (THEWILL) — The Central Bank of Nigeria (CBN) has again chosen policy caution over monetary easing, retaining the Monetary Policy Rate (MPR) at 26.5 percent despite a steady moderation in inflation, which declined to 15.91 percent in...

July 26, (THEWILL) — Nigeria’s equities market closed the week on a positive note as sustained demand for banking stocks and selected blue-chip counters extended the market’s rally, adding approximately ₦2.53 trillion to investors’ wealth. The Nigerian Exchange (NGX) All-Share...

July 26, (THEWILL) — Barely three months after Nigerian banks concluded one of the largest recapitalisation exercises in the country's financial history, investors are confronting the possibility of another capital call. On June 10, 2026, the Central Bank of Nigeria...

• ECOWAS has resolved the dispute over Nigerian onion trucks detained in Ghana, allowing affected consignments to be offloaded. • The Regional Observatory of Onion in West and Central Africa welcomed the intervention but warned that recurring barriers to regional...

The NGX ended the week on a softer note as profit-taking in Presco and other selected stocks pulled the benchmark index lower despite positive market breadth. CNIF led the gainers’ chart with a 10.00 percent rally, while Presco...