Business

May 21, (THEWILL) — Billionaire businessman and philanthropist, Femi Otedola, has revealed plans to invest $100 million in the forthcoming Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals, further signalling growing investor confidence in the mega refinery...

May 20, (THEWILL) — Nigeria’s equities market closed in negative territory on Wednesday as losses in major bellwether stocks outweighed gains recorded across several mid- and small-cap counters. At the close of trading on the Nigerian Exchange Limited, market capitalisation...

May 20, (THEWILL) — The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 26.5 percent, reaffirming the apex bank’s cautious but confidence-driven approach towards sustaining macroeconomic stability, curbing...

May 20, (THEWILL) — TechNexus Limited, in partnership with the Niger Delta Development Commission (NDDC), has announced the Port Harcourt Tech Expo 2026, themed “Syntropy”. The two-day technology conference and exhibition is scheduled for Thursday, June 11 and Friday,...

May 20, (THEWILL) — The Federal Airports Authority of Nigeria (FAAN) has activated enhanced Ebola response protocols across all international airports in the country as part of efforts to prevent the possible spread of the virus into Nigeria. The move...

May 20, (THEWILL) — Nigeria’s tax revenue increased to ₦7.44 trillion in the first quarter of 2026, representing a 23.2 percent year-on-year growth, but collections still missed the government’s target by ₦2.24 trillion despite ongoing tax reforms. Documents presented by...

May 19, (THEWILL) — Nigeria’s equities market sustained its upward momentum on Tuesday as the benchmark indices closed higher, driven by renewed buying interest in select mid- and small-cap stocks. At the close of trading, market capitalisation rose from ₦160.362...

May 19, (THEWILL) — The Central Bank of Nigeria (CBN) has announced a fresh ₦650 billion Nigerian Treasury Bills (NTBs) auction scheduled for Wednesday, May 20, 2026, as part of the Federal Government’s second-quarter domestic borrowing programme. The auction, disclosed...

May 19, (THEWILL) — As Nigeria grapples with rising cooking gas prices and worsening energy supply shortages, DEER Nigeria has launched the third version of its digital energy platform, designed to simplify access to cooking gas, diesel, electricity tokens,...

May 19, (THEWILL) — The Federal Government has announced plans to introduce fresh regulations and implementation guidelines to tackle illegal and multiple taxation by state and local governments across Nigeria. The Minister of Finance and Coordinating Minister of the Economy,...