August 03, (THEWILL) — Ecobank Transnational Incorporated, a Pan-African bank operating across 33 African countries, has released its unaudited Q2 2025 financial results for the period ended June 30, 2025, posting a pre-tax profit of N352.92 billion.
This represents a...
August 03, (THEWILL) — The transformation initiatives at the Nigeria Inter-Bank Settlement System (NIBSS) towards revolutionising the country’s payment landscape is central to the expansion of the economy driven by the services sector.
Nigeria’s economy expanded by 3.13 percent year-on-year...
July 28, (THEWILL) — Total disbursements from the Federation Account Allocation Committee (FAAC) to the 774 local government areas (LGAs) in Nigeria’s 36 states increased by N1.32 trillion to reach N2.50 trillion (year-on-year) as of June 30,2025.
This constitutes a 111.81...
July 27, (THEWILL) — Nigeria’s rebased GDP puts the economy’s size at N372 trillion as of 2024 -- equivalent to US$244 billion at a recent exchange rate of N1,550/US$1. In USD terms, this constitutes a $266 billion slump in...
July 21, (THEWILL) — The $18 billion reportedly spent on the repairs of the Nigerian National Petroleum Company Limited (NNPCL) refineries constitutes a per capita contribution of N135,000 by 200 million Nigerians over 10 years.
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Although various figures had featured...
July 20, (THEWILL) — Shares of Guaranty Trust Holding Company Plc (GTCO) recorded a 66.8 percent gain, year-to-date, as of Friday, July 18, 2025, closing at N95.05 per share against N57 it opened at the beginning of the year.
In...
July 20, (THEWILL) — At the NOG Energy Week in Abuja, industry leaders robustly defended Nigeria’s local content policy, rejecting claims that it inflates business costs in the oil and gas sector.
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They cautioned that such criticisms jeopardize the nation’s...
July 20, (THEWILL) — The Nigeria Green Bond Market Development Programme (NGBMDP), a strategic partnership of FMDQ Group PLC and Financial Sector Deepening Africa (FSD Africa), has announced the launch of the Sustainable Finance Bootcamp.
This is a tailored programme designed to empower Nigerian businesses by providing them with the essential tools,...
July 14, (THEWILL) — Nigerian Exchange Group (NGX Group), a leading integrated market infrastructure provider in Africa, has signed a funding agreement with DEG Impulse gGmbH, a subsidiary of the German Development Finance Institution, DEG - Deutsche Investitions-und Entwicklungsgesellschaft...
July 13, (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB) has stepped up support for the oil and gas industry towards engaging in production activities such as manufacturing, thus enhancing value adding activities that boost employment.
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With increased...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
