Business

June 23, (THEWILL) — Fidson Healthcare Plc has praised the Bank of Industry (BoI) and the European Investment Bank (EIB) for their critical roles in strengthening pharmaceutical manufacturing in Nigeria through long-term concessionary financing and strategic partnerships. The commendation...

June 23, (THEWILL) — Aradel Holdings Plc recorded a strong start to 2026, reporting a 252 percent increase in profit after tax to ₦120.3 billion and a 265 percent surge in revenue to ₦728.5 billion in the first...

June 23 (THEWILL) — Nigeria imported 16,642.66 metric tonnes of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, within the first 19 days of June 2026 as the Federal Government moved to address supply shortages and curb rising...

June 23, (THEWILL) — Nigeria’s broad money supply (M3) increased to N129.21 trillion in May 2026, reflecting continued growth in liquidity across the economy despite the Central Bank of Nigeria’s tight monetary policy stance. Latest data released by the...

June 22 (THEWILL) — The Nigerian equities market opened the week on a positive note on Monday. Market capitalisation rose from ₦151.327 trillion at the opening to ₦152.845 trillion at the close of trading, reflecting a significant gain in...

June 22 (THEWILL) — Nigeria’s fixed-income market witnessed a significant surge in trading activity during the week ended June 19, 2026, as investors repositioned portfolios in response to rising yields and persistent inflationary pressures. Data from the Financial Markets Dealers...

June 22 (THEWILL) — The British pound sterling is trading near its lowest level of the year against the Nigerian naira as growing political uncertainty in the United Kingdom weighs heavily on investor sentiment and weakens demand for the...

June 22 (THEWILL) — Nigeria’s foreign exchange (FX) market recorded stronger activity in the week ended June 19, 2026, with total turnover across the FX Spot and Derivatives segments rising by 7.7 percent week-on-week to $2.323 billion, according to...

June 22 (THEWILL) — Company Income Tax (CIT) payments from Nigeria’s manufacturing sector plunged by 68.25 percent year-on-year in the first quarter of 2026, underscoring the mounting pressures facing producers amid a new tax framework, weak consumer demand and...

June 22, (THEWILL) — Nembe Exploration and Production Company Limited (Nembe E&P), the leading upstream subsidiary of the Aiteo Group, presents opportunities for significantly improving Nigeria’s local content drive. The firm’s growth strategy unveiled in July 2025, which aims...