Business

More than 70 percent of insurance companies have completed NAICOM's independent capital verification exercise, clearing one of the final regulatory hurdles ahead of the July 31 recapitalisation deadline. Most operators have also met the statutory deposit requirement with...

The NGX began the week on a softer note as profit-taking in selected stocks nudged the benchmark index lower despite gains in 28 equities. CNIF led the gainers’ chart with a 9.95 percent rally, while SUNU Assurances and...

ECOWAS lawmakers have begun a five-day meeting in Cotonou to discuss strengthening MSMEs' role in regional value chains. The discussions will focus on tackling barriers such as informality, limited financing and cross-border trade challenges. MSMEs account for more...

Women-owned businesses recorded loan default rates that were 2.5 times lower than those of male-owned businesses, reinforcing evidence that female entrepreneurs are among Nigeria's most reliable borrowers. Lending to women-owned businesses grew by more than 300% in 2025,...

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...