May 29 (THEWILL) — Nigeria’s fiscal strain intensified in 2025 as the Federal Government spent more than two-thirds of its earnings on debt servicing, underscoring the widening gap between revenue generation and expenditure obligations.
According to the 2025 Third Quarter...
May 29 (THEWILL) — Shareholders of First HoldCo Plc, the parent company of FirstBank of Nigeria, have approved a capital raise of up to N253.099 billion as the group advances plans to build a N1 trillion paid-up capital base.
The...
May 29 (THEWILL) — Stanbic IBTC Holdings Plc has approved N804.5 million as directors’ remuneration for the financial year ending December 31, 2026, following resolutions passed at its 14th Annual General Meeting (AGM).
The approval comes amid a strong earnings...
May 29 (THEWILL) — The Federal Government recorded fresh borrowings of N11.89 trillion in the first nine months of 2025 but spent only N3.10 trillion on capital projects within the same period, highlighting a widening gap between debt accumulation...
May 29 (THEWILL) — Nigeria recorded a sharp decline in its fiscal deficit in the third quarter of 2025, signaling improving public finance management and stronger government revenue performance amid ongoing economic reforms.
According to the latest fiscal performance report...
May 29 (THEWILL) — Nigeria’s Dangote Refinery has emerged as the world’s largest exporter of jet fuel in April, marking a major milestone for Africa’s biggest refinery amid disruptions in global energy trade triggered by tensions in the Middle...
May 28 (THEWILL) — Senior officials appointed under President Donald Trump have reportedly pushed the U.S. Bureau of Engraving and Printing (BEP) to begin preliminary designs for a proposed $250 banknote carrying Trump’s portrait, a move that could mark...
May 28 (THEWILL) — Nigeria’s total expenditure fell 41.57 percent below its prorated quarterly budget target to ₦8.03 trillion in the third quarter of 2025, highlighting continued fiscal constraints despite modest economic growth and improved revenue performance.
This was disclosed...
May 28, (THEWILL) — Nigeria’s oil revenue performance suffered a major setback in the third quarter of 2025, falling far below government projections and exposing the nation’s fragile fiscal position despite slight improvements in earnings.
According to the latest...
May 28 (THEWILL) — Nigeria recorded a sharp surge in foreign portfolio investment inflows in January 2026, with speculative capital, popularly known as hot money, rising to $3.37 billion and accounting for nearly 96 percent of total capital imported...
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
