Business

June 26 (THEWILL) — The Nigerian equities market extended its losing streak on Friday as persistent sell pressure across key counters dragged market performance lower, reflecting continued cautious investor sentiment. Market capitalisation declined by ₦983 billion, closing at ₦148.905 trillion...

June 26 (THEWILL) — The Bank of Agriculture (BoA) has unveiled a comprehensive reform programme to modernise agricultural financing, expand financial inclusion in rural communities, and strengthen support for Nigeria’s food security agenda. The Managing Director and Chief Executive Officer...

June 26 (THEWILL) — Lagos retained its position as Nigeria’s largest recipient of Federation Account Allocation Committee (FAAC) disbursements in the first quarter of 2026, as the 10 highest-earning states accounted for 40.1 percent of total allocations shared during...

June 26 (THEWILL) — The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said Nigeria’s revenue challenge is not about raising tax rates but expanding the number of taxpayers through improved compliance and...

June 26 (THEWILL) — The Federal Government has officially concessioned the Akanu Ibiam International Airport in Enugu to Aero Alliance Limited under a Public-Private Partnership (PPP), marking a major step in its plan to modernise airport infrastructure and attract...

June 26 (THEWILL) — Shareholders of Neimeth International Pharmaceuticals Plc have approved an additional N30 billion capital raise, increasing the company's total fundraising mandate to N50 billion to support its expansion plans and strengthen its financial position. The approval was...

June 26 (THEWILL) — Shareholders of Jaiz Bank Plc have approved plans to raise N150 billion in fresh capital to strengthen the bank’s capital base, support business expansion, and position it for future growth. The approval was granted during the...

June 26, (THEWILL) — The Kano Chamber of Commerce, Industry, Mines and Agriculture (KACCIMA) has withdrawn its membership from the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), citing unresolved concerns over constitutional compliance. In a...

June 25 (THEWILL) — The Nigerian equities market closed lower on Thursday, as sustained profit-taking and weak investor sentiment pushed key performance indicators further into negative territory. Market capitalisation declined by ₦958 billion to close at ₦149.888 trillion, down from...

June 25 (THEWILL) — TotalEnergies Marketing Nigeria Plc has outlined a strategic recovery plan to restore profitability and strengthen its market position amid sweeping changes in Nigeria’s downstream petroleum sector triggered by the emergence of domestic refining capacity. Speaking at...