Business

May 01, (THEWILL) — Nigeria’s debt service obligations have risen sharply, climbing to N16.26 trillion in 2025 from N7.79 trillion in 2023, with the most significant increases occurring since the current administration assumed office in Q3 2023. Data from...

May 01, (THEWILL) — Nigeria’s oldest and one of Africa’s most influential financial institutions, FirstBank, has confirmed the appointment of Olayinka Ijabiyi as the substantive Group Head, Marketing and Corporate Communications, in a move seen as a strategic reinforcement...

April 30, (THEWILL) — The Nigerian equities market extended its bullish run on Thursday, as sustained buying interest lifted key indicators. Market capitalisation opened the session at ₦152.728 trillion and rose significantly to close at ₦155.994 trillion, reflecting renewed...

April 30, (THEWILL) — Champion Breweries Plc has explained its weaker first-quarter 2026 profit, attributing the decline to higher financing costs tied to its recent acquisition of the Bullet brand, while expressing confidence in a stronger performance for the...

April 30, (THEWILL) — MTN Nigeria has posted a strong start to 2026, reporting an unaudited pre-tax profit of ₦546.42 billion for the first quarter ended March 31, up 169.64 percent year-on-year. This marks the company’s second-highest quarterly profit...

April 30, (THEWILL) — Seplat Energy Plc has reported a post-tax profit of N52.5 billion for the first quarter of 2026, marking a 48.4 percent increase from N35.3 billion recorded in the same period of 2025, according to...

April 30, (THEWILL) — Nigeria’s drive towards energy security and industrial expansion received a major boost on Thursday as the Nigerian National Petroleum Company (NNPC) Limited, announced the successful completion of the technically challenging River Niger Crossing on...

April 30, (THEWILL) — Four months after the expiration of Nigeria’s National Broadband Plan (NNBP) 2020–2025, telecom operators are intensifying calls for a new and more effective policy framework to guide the country’s digital future. Industry stakeholders say Nigeria...

April 30, (THEWILL) — Nigeria’s average retail price for Liquefied Petroleum Gas (LPG), popularly known as cooking gas, recorded significant increases in March 2026, according to the latest Price Watch report released by the National Bureau of Statistics...

April 30, (THEWILL) — The Nigeria Revenue Service (NRS) has launched Rev360, a next-generation tax administration platform, marking a major step in the country’s shift toward a more modern and efficient tax system. The rollout will be implemented in...