Business

November 28, (THEWILL) — Nigeria’s company income tax (CIT) revenue rose sharply in the first half of 2025, climbing by 38 percent, compared to the same period last year, according to new data released by the National Bureau...

November 28, (THEWILL) — The Dangote Petroleum Refinery is helping Nigeria save an estimated ₦10 billion annually in fuel import expenses, according to Mr Sunday Esan, Senior General Manager, Corporate Communications at Dangote Industries Ltd. Speaking during a policy dialogue...

November 28, (THEWILL) — According to the latest report from the Central Bank of Nigeria (CBN), Nigeria’s composite Purchasing Managers’ Index (PMI) surged to 56.4 points in November 2025, up from 55.4 in October. This marks 12 consecutive months...

November 28, (THEWILL) — The Central Bank of Nigeria (CBN) has ordered all commercial, merchant, and payment-service banks to immediately withdraw any misleading, exaggerated, or non-compliant advertisements, following a rising number of promotional materials that the regulator says could...

November 27, (THEWILL) — The World Bank has called on the Federal Government of Nigeria to lower high import tariffs and review existing import bans as part of urgent measures to tackle the country’s persistent inflation and ease the...

November 27, (THEWILL) — The Edo State Government has denied claims that it revoked the land titles of Presco Plc, one of Nigeria’s leading agribusiness companies. Multiple sources quoted a senior government official who disclosed that the state only...

November 27, (THEWILL) — Nigeria’s private-sector credit recorded a strong rebound in October 2025, rising to N74.41 trillion from N72.53 trillion in September, an increase of about N1.88 trillion or 2.6 percent, according to the latest data from the...

November 27, (THEWILL) — The Nigerian Exchange (NGX) has introduced a shorter settlement cycle for equity trades, a move that will allow investors to gain access to their funds and shares more quickly. Under the new system, transactions will now...

November 27, (THEWILL) — Sovereign Trust Insurance Plc has announced plans to raise N5 billion via a Rights Issue as part of its broader capitalisation and expansion strategy, following approval from its Board of Directors. The offer, awaiting final clearance...

November 26, (THEWILL) — The Nigerian equities market closed on Wednesday, November 26, 2025, on a mixed note as the All-Share Index (ASI) advanced despite a decline in overall market value. Market capitalisation opened at N91,440,644,361,693.83 and closed lower at...