Business

May 18, (THEWILL) — Fidelity Bank Plc's shares experienced a significant increase of 20.5 percent (Year-to-Date) on the Nigerian Exchange (NGX) at the conclusion of trading on Friday, May 15, 2026. This highlights the rush among investors for the...

May 18, (THEWILL) — Nigeria’s record-breaking equity rally is masking a structural shift in capital behaviour. Beneath the surge in valuations and a historic run toward 242,000 points on the Nigerian Exchange (NGX), foreign investors are quietly executing a...

May 18, (THEWILL) — The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to refrain from further interest rate hikes, warning that additional monetary tightening could slow economic recovery and deepen...

May 17, (THEWILL) — Nigeria’s oldest financial institution, First Bank of Nigeria, has partnered with global payments giant, Visa, to launch Visa Signature, a premium card product tailored for Nigeria’s affluent and globally mobile customers. The new offering is designed...

May 17, (THEWILL) — Stakeholders in Nigeria’s aviation industry have intensified calls for government incentives and financial relief for ground handling companies, warning that the subsector is facing increasing financial pressure from about ₦9 billion in debts owed by...

May 17, (THEWILL) — The recent declaration by the Nigerian National Petroleum Company Limited (NNPCL) regarding its new agreement with Chinese companies to restore two of the country's long-neglected refineries has raised concerns among stakeholders and the general public. The...

May 17, (THEWILL) — The National Pension Commission (PenCom) has granted Pension Fund Administrators (PFAs) special regulatory approval to invest pension assets in the planned Initial Public Offering of Dangote Petroleum Refinery & Petrochemicals FZE, waiving some of the...

May 17, (THEWILL) — The Nigerian Communications Commission (NCC) says it has noted recent public concerns regarding the quality of telecommunications services in parts of the country. In a statement signed by its Head, Public Affairs, Nnenna Ukoha, the...

May 17, (THEWILL) — The Federal Government has inaugurated an Insurance Policyholders’ Protection Fund (IPPF) Committee, aimed at strengthening consumers protection and stabilising Nigeria’s insurance industry. The News Agency of Nigeria (NAN) reports that the Minister of Finance and Coordinating...

May 17, (THEWILL) — Nigeria’s banking sector is increasingly shifting labour costs away from direct payroll and into operating expenses, as outsourcing becomes more embedded in the industry’s post-recapitalisation structure. A review of 2024 and 2025 financial statements across Tier-1...