Business

FG To Launch Digital Education Data Platform To Improve Planning, Accountability

June 29 (THEWILL) — The Federal Government will officially launch the Digital National Education Management Information System (DNEMIS) on July 1 as part of efforts to strengthen data-driven planning and governance in Nigeria's education sector. The National Project Coordinator of...

Nigeria’s FX Market Turnover Climbs 22 Percent To $2.84bn On Strong Spot, Derivatives Trading

June 29 (THEWILL) — Nigeria's foreign exchange market recorded a sharp increase in trading activity in the week ended June 26, 2026, with total turnover rising 22.06 percent to $2.84 billion, driven by stronger transactions in both the spot...

Manufacturers Grapple with N1.09tn FX Losses Amid 18,900 Job Losses

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June 29 (THEWILL) — Three years after the naira was floated on June 14, 2023, the country's manufacturing sector remains one of the clearest gauges of the policy's far-reaching consequences. Introduced as part of broader economic reforms aimed at...

FX Market Turnover Rises 22 Percent To $2.84bn As Spot, Derivatives Trading Rebound

June 29 (THEWILL) — Trading activity in Nigeria's foreign exchange market recorded a strong rebound in the final week of June, with total turnover rising by more than 22 percent, driven by increased activity in both the spot and...

Dangote Refinery Buys First UAE Crude Cargoes As Feedstock Diversification Deepens

June 29 (THEWILL) — The Dangote Petroleum Refinery has imported its first-ever crude oil cargoes from the United Arab Emirates, marking a significant step in its strategy to diversify feedstock sources amid persistent constraints in domestic crude supply. According to...

UBA Champions Sustainability With Pan-African Environmental Clean-Up Initiative

June 28 (THEWILL) — United Bank for Africa (UBA) Plc has reinforced its commitment to environmental sustainability, employee well-being, and community development by mobilising thousands of staff across its operations in 20 African countries for the latest edition of...

Air Peace Cruising on High Altitude in Turbulent Conditions

June 28 (THEWILL) — On Tuesday, June 23, 2026, Chief Allen Onyema, the founder and Chairman of Air Peace Airlines Limited, made an appearance on national television, where he urged the Nigerian government to promptly tackle the urgent issues...

Equities Extend Losing Streak Despite Improved Market Breadth

June 28 (THEWILL) — The Nigerian equities market closed the week on a negative note as sustained profit-taking and cautious investor sentiment weighed on overall market performance, despite an improvement in market breadth. A total turnover of 2.324 billion shares...

Train 7 Hits 90% Completion, Generates 16,000 Jobs – NCDMB, NLNG

June 28 (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB) and the NLNG Ltd have reaffirmed commitment to deepen the existing close collaboration between the agencies towards enhancing in-country value addition from operations of the gas processing...

Zenith Bank Backs Canada-Africa Business Conference to Deepen Trade, Investment Ties

June 27 (THEWILL) — Zenith Bank Plc has reaffirmed its commitment to strengthening trade, investment, and economic cooperation between Canada and Africa by serving as the headline conference sponsor of the 6th Canada-Africa Business Conference, held on Wednesday, 24,...