Business

June 25 (THEWILL) — Zenith Bank Plc has strengthened its presence in Delta State with the commissioning of a new branch in Osubi, Okpe Local Government Area, becoming the first commercial bank to establish operations in the community and...

June 25 (THEWILL) — The Manufacturers Association of Nigeria (MAN) has raised concerns over a sharp decline in bank lending to the manufacturing sector, warning that the trend could undermine industrial growth, worsen unemployment, and slow the implementation of...

June 25 (THEWILL) — The Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA) has called for the establishment of a unified African cocoa producers’ bloc and the adoption of a minimum cocoa price of $6,000 per metric tonne...

June 25 (THEWILL) — The naira recorded its sharpest single-day decline since April after closing at N1,389 per dollar at the official foreign exchange market on June 24, 2026, amid renewed strength in the U.S. dollar across global markets. Data...

June 24 (THEWILL) — The average retail price of Automotive Gas Oil (diesel) climbed to ₦3,277.47 per litre in May 2026, representing a sharp 32.44 percent increase within one month and an 86.40 percent rise year-on-year, according to data...

June 24 (THEWILL) — The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, rose to ₦1,596.25 per litre in May 2026, highlighting the continued pressure of fuel costs on households and businesses despite signs of...

June 24 (THEWILL) — Nigerian households received only marginal relief in cooking fuel costs in May 2026, as the average retail price of household kerosene declined slightly from the previous month, but remained significantly higher than levels recorded a...

June 24 (THEWILL) — The Nigerian Exchange (NGX) closed sharply lower on Wednesday, as heavy selloffs in major cement and insurance stocks triggered a broad market decline, wiping ₦3.64 trillion off investors’ wealth. Market capitalisation fell from ₦154.484 trillion at...

June 24 (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB) is set to commence the issuance of the Nigerian Content Trainers Registration Certificate (NCTRC), as part of its commitment to strengthen local competencies and promote professional standards...

June 24 (THEWILL) — Data from the Central Bank of Nigeria shows that credit to the Federal Government rose sharply over the 12 months to May 2026, underscoring continued public sector borrowing amid tight monetary conditions. Total credit to government...