News

Nigeria’s non-oil exports rose from $2.97bn in 2013 to a record $6.1bn in 2025, while the number of export markets increased from 93 to 210. Nigerian exporters added 117 markets over the period, including Nepal, Sri Lanka, Oman,...

August 10, (THEWILL) — With the 2027 electioneering starting on August 19, 2026, the three major political parties in the country, namely the governing All Progressives Congress, the African Democratic Congress, ADC, and the Nigeria Democratic Congress, NDC, are...

August 10, (THEWILL) — Nigeria’s recent emergence as the world’s best-performing stock market in 2026 was received with mixed feelings. The rally was built on an exceptional performance recorded a year earlier when the Nigerian Exchange (NGX) ranked as...

Domestic refining capacity has risen from 30,000 bpd to about 700,000 bpd. Tax revenue climbed from ₦12.3trn in May 2023 to ₦27.1trn by July 2026. Nigeria recorded a ₦7.55trn trade surplus in Q1 2026. Minimum wage has risen...

Odinkalu alleges former CJN Olukayode Ariwola received a Mercedes-Benz from Nyesom Wike while Rivers-related cases were pending before the courts, describing it as a dangerous conflict of interest. Rights advocate claims political patronage has replaced judicial restraint, alleging...

Human rights lawyer Deji Adeyanju has condemned remarks attributed to Islamic cleric Sheikh Yahya Jingir at a political gathering in Kano. Jingir urged Muslims to support Muslim-Muslim political tickets and was quoted as referring to non-Muslims as “infidels”. ...

Aradel Holdings and Seplat Energy ended the first half of 2026 with combined assets of ₦19.11tn, reflecting the growing scale of Nigeria’s indigenous upstream oil companies. Aradel accounted for ₦10.87trn of the combined asset base after consolidating major...

Fubara receives Senator Magnus Abe and members of the Rainbow Coalition Reconciliation Committee in Port Harcourt as efforts to consolidate political peace in Rivers gather momentum. Visit comes weeks after the governor formally embraced the Rainbow Coalition, endorsed...

Nigeria Revenue Service Chairman Zacch Adedeji says the government’s tax reforms are designed to increase economic prosperity rather than extract more money from households and businesses. Adedeji said the NRS has a direct interest in businesses succeeding because...

Nigeria’s tax revenue surged 113% to N27.1tn by July 2026 from N12.3tn in 2023. The Nigeria Revenue Service linked the increase to tax digitisation, new tax laws and tighter revenue administration. Oil production, foreign reserves, capital inflows and...