April 24, (THEWILL) — Nigeria’s Value Added Tax (VAT) disbursement to states climbed sharply in February 2026, with gross allocations rising by 30.36 percent month-on-month to ₦551.77 billion from ₦423.25 billion recorded in January.
Data from the Office of the...
April 24, (THEWILL) — S&P Global has warned that the ongoing Middle East conflict could heighten risks for African economies, particularly if the crisis persists, with potential implications for sovereign credit ratings across the continent.
In its latest assessment, the...
April 24, (THEWILL) — Conoil Plc and Nimex Petrochemicals Ltd. are locked in a legal battle at the Federal High Court, Abuja, over a disputed $8.49 million judgement debt in ongoing garnishee proceedings.
Nimex initiated the suit, joining five commercial...
April 24, (THEWILL) — A former Minister of Environment, Lawrencia Mallam, has decried the collapse of Nigeria’s once-thriving textile industry, describing it as a “national shame” that has worsened unemployment and insecurity.
She spoke in Lagos at the launch of...
April 24, (THEWILL) — BUA Cement Plc has reported a strong start to 2026, posting a pre-tax profit of ₦192.88 billion for the first quarter ended March 31, more than double the ₦99.7 billion recorded in the same period...
April 23, (THEWILL) — Trading on the Nigerian equities market closed on a positive note on Thursday, as key market indicators recorded strong gains driven by buying interest in select consumer goods and industrial stocks.
The market capitalisation of the...
April 23, (THEWILL) — Africa’s central bank reserves climbed to $530 billion in 2025, up from $480 billion in 2024, driven largely by surging gold prices and increased accumulation of the precious metal.
The $50 billion rise underscores a...
April 23, (THEWILL) — Unilever Nigeria Plc has reported a robust start to 2026, posting a 26 percent year-on-year increase in revenue to ₦59.2 billion for the first quarter ended March 31, 2026, up from ₦46.9 billion recorded...
April 23, (THEWILL) — Nigeria’s retail lender, Unity Bank Plc, has called for increased investment in the green economy and the adoption of frontier technologies as critical levers for strengthening economic resilience and mitigating the impact of climate...
April 23, (THEWILL) — President Bola Ahmed Tinubu has said the Central Bank of Nigeria’s (CBN) resolution of outstanding financial liabilities is paving the way for stronger economic and aviation ties between Nigeria and the United Kingdom, particularly...
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.
