Business

January 21, (THEWILL) — Nigeria has secured a 12 million dollar performance-based funding window from the World Bank to support states hosting internally displaced persons. This initiative is tied to verified reforms in data collection, governance, and community...

January 21, (THEWILL) — Consumer spending on beer and related beverages in Nigeria reached an estimated ₦1.54 trillion in the first nine months of 2025, underscoring robust demand for alcoholic drinks despite a challenging macroeconomic environment, financial filings...

January 21, (THEWILL) — Geregu Power Plc’s board has proposed a ₦9 per share final dividend, translating to a ₦22.5 billion payout for the 2025 financial year, even as the company contends with thinner margins and weaker cash...

January 20, (THEWILL) — Nigeria’s Infrastructure Debt Fund (NIDF) has delivered record investment returns, supported by stronger and more predictable cash flows from underlying infrastructure assets. The fund’s performance reflects improved revenue generation across key sectors such as power, transportation...

January 20, (THEWILL) — Seplat Energy Plc has commenced production at its 300 million standard cubic feet per day (MMscfd) ANOH Gas Processing Plant, marking a major boost to Nigeria’s domestic gas supply and the country’s energy transition...

January 20, (THEWILL) — Paystack has announced The Stack Group as its new parent holding company, following the acquisition of a microfinance bank (MFB) licence, marking a significant step in the fintech firm’s expansion beyond payments. The new structure...

January 20, (THEWILL) — The Central Bank of Nigeria (CBN) has reported an expansion in credit to the private sector alongside a rise in loan defaults in the fourth quarter of 2025, reflecting both improved lending activity and...

January 19, (THEWILL) — The domestic equities market closed marginally lower on Monday, despite a positive market breadth driven by a higher number of gainers than losers. Market capitalisation opened at N106.353 trillion and eased slightly to close at N106.342...

January 19, (THEWILL) — The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast for 2026 upward to 4.4 per cent, from its earlier projection of 4.2 per cent, signaling increased confidence in the country’s medium-term economic...

January 19, (THEWILL) — First City Monument Bank (FCMB) is pushing towards the N500 billion threshold meant for international banking licences which it aims to achieve within the March 31, 2026 recapitalisation deadline announced by the Central Bank of...