Business

May 05, (THEWILL) — The Debt Management Office (DMO) has opened subscriptions for the May 2026 Federal Government of Nigeria (FGN) Savings Bond, offering investors annual returns of up to 14.525 percent. Announced on Monday on behalf of the Federal...

May 05, (THEWILL) — Nigeria’s five largest lenders recorded strong operating growth in 2025, but a sharp reversal in foreign-exchange windfalls, rising credit impairments and higher operating costs dragged overall profitability lower. A review of the 2025 financial statements of...

May 05, (THEWILL) — Nigeria’s renewed push to restore its domestic refining capacity has once again, gained momentum, as NNPC Limited signed a fresh Memorandum of Understanding (MoU) with two Chinese firms to finally revive and expand the country’s...

May 04, (THEWILL) — Trading on the Nigerian Exchange (NGX) commenced the week on a modestly positive note as bargain hunting in select equities lifted the market benchmark. At the start of the trading session on Monday, the market capitalisation...

May 04, (THEWILL) — Despite holding one of Africa’s largest crude oil reserves, Nigeria continues to underperform its production potential, highlighting deep structural weaknesses in the sector, according to recent data from the Organisation of the Petroleum Exporting Countries...

May 04, (THEWILL) — Zichis Agro-Allied Industries Plc has secured shareholder approval to raise ₦50 billion in fresh capital as part of an ambitious plan to scale operations across Nigeria’s agribusiness value chain. The approval was granted at the company’s...

May 04, (THEWILL) — Nigeria’s leading e-commerce platform, Konga, has launched its May 2026 Tech Month campaign, offering customers discounts of up to 50 percent on a wide range of technology products. The month-long initiative, running from May 1 to...

May 04, (THEWILL) — The Debt Management Office (DMO) has unveiled its May 2026 Federal Government (FGN) Savings Bond offer, providing Nigerians with investment options offering returns of up to 14.525 percent annually. Announced on Monday, on behalf of the...

May 04, (THEWILL) — The Nigerian naira has staged a modest recovery against the British pound, signalling improved sentiment in the foreign exchange market after recent volatility. Latest data from the Central Bank of Nigeria (CBN) shows the pound...

May 04, (THEWILL) — Africa's Global Bank, United Bank for Africa (UBA) Plc, has commenced the post-recapitalisation phase with a robust performance in Q1 2026, which will strengthen its growth trajectory and leadership dominance across the continent. According to the...