Business

June 21 (THEWILL) — Numerous unemployed Nigerians, having lost their jobs due to severe economic difficulties, have resorted to utilising their retirement savings for immediate sustenance, raising concerns among industry stakeholders. The early withdrawals, which fundamentally impact the accumulated...

June 21 (THEWILL) —The Nigerian Exchange (NGX) closed the week on a bearish note as sustained sell pressure across major counters dragged key performance indicators lower, wiping approximately ₦5.64 trillion from investors’ wealth. The NGX All-Share Index (ASI) depreciated by...

June 19 (THEWILL) — Oil prices fell sharply on Thursday, dropping to their lowest levels since the outbreak of the US-Iran conflict as easing geopolitical tensions improved expectations for global crude supply. According to Reuters, Brent crude futures fell by...

June 19 (THEWILL) — President Bola Ahmed Tinubu has said the Federal Government remains on course to deliver a 1.1 million metric tonnes fertiliser programme to Nigerian farmers in 2026, as part of efforts to boost agricultural productivity and...

June 19 (THEWILL) — Nigerian fuel marketers are increasingly importing refined petroleum products originating from the Dangote Petroleum Refinery through the offshore ship-to-ship trading hub in Lomé, according to an official of S&P Global Commodity Insights. Speaking at a webinar...

June 19 (THEWILL) — Nigeria's tax revenue rose by 49 percent in the first five months of 2026, driven by sweeping tax reforms and stronger collections from key sectors of the economy. According to documents seen by Bloomberg, revenue collected...

June 18 (THEWILL) — The Federal Government has issued the General Guidelines for the implementation of the Tax Acts 2025, setting out how taxpayers, practitioners, and revenue authorities should move from the repealed tax laws to the new...

June 18 (THEWILL) — The Nigerian Exchange (NGX) closed lower on Thursday as sustained sell pressure across key counters dragged market performance deeper into negative territory, wiping off approximately ₦2.18 trillion from investors’ wealth. Market capitalisation declined from ₦154.445 trillion...

June 18 (THEWILL) — Standard Bank Group, Africa’s largest lender by assets, is intensifying its focus on Nigeria and four other strategic African markets as it seeks to tap into an estimated 250 billion rand ($15.4 billion) revenue opportunity...

June 18 (THEWILL) — The Nigerian Exchange (NGX) has introduced a new framework that will significantly change how share prices move on the local bourse, setting minimum trading volume thresholds that must be met before stock prices can record...