Business

April 10, (THEWILL) — Nigeria’s poverty rate rose to 63 percent in 2025, despite a noticeable slowdown in inflation, underscoring the limited impact of macroeconomic improvements on household welfare, according to the World Bank. The figures were published in the...

April 10, (THEWILL) — Nigeria’s agent banking ecosystem is entering a new phase, following updated guidelines by the Central Bank of Nigeria (CBN), to address long-standing issues such as fraud, failed transactions, and inconsistent service delivery. Introduced on April...

April 10, (THEWILL) — The International Monetary Fund (IMF) is set to cut its global growth forecasts, citing the economic fallout from the ongoing Middle East conflict despite a fragile ceasefire. IMF Managing Director, Kristalina Georgieva, warned that the war’s...

April 10, (THEWILL) — Nigerian poultry farmers are increasingly abandoning commercial feed suppliers in favour of homemade blends as they grapple with soaring production costs, a shift that is helping many stay afloat in a challenging operating environment. Although prices...

April 09, (THEWILL) — The Nigerian equities market closed higher today, Thursday’s trading session as gains in select mid-cap and insurance stocks lifted the benchmark index further above the 203,000-point mark. Market capitalisation advanced from ₦130.404 trillion at the opening...

April 09, (THEWILL) — Unilever Nigeria Plc has announced that its parent company, Unilever Plc, plans to combine its global foods business with McCormick & Company, Inc., in a move that signals a major strategic shift in its international...

April 09, (THEWILL) — Nigeria’s manufacturing sector contributed ₦881.29 billion in Company Income Tax (CIT) in 2025, underscoring its growing role in supporting government revenue and industrial expansion. According to the latest figures from the National Bureau of Statistics (NBS),...

April 09, (THEWILL) — Iran has issued a maritime advisory warning of potential sea mines in the Strait of Hormuz and recommended a safer northern route for vessels, following a recent ceasefire agreement with the United States. The guidance, issued...

April 09, (THEWILL) — The Central Bank of Nigeria (CBN) has confirmed that Polaris Bank is not under liquidation, reassuring Nigerians that the banking system remains stable, secure, and resilient. In a statement shared via its official X account, the...

April 09, (THEWILL) — Fidelity Bank Plc has reinforced its commitment to gender inclusion and strong corporate governance with the appointment of Mrs Amaka Onwughalu as Chairman of its Board of Directors, effective January 1, 2026. Her emergence comes at...