Business

PEBEC Ranks NCC Among Top Five Best-Performing Government Agencies in 2025

December 07, (THEWILL) — The Presidential Enabling Business Environment Council (PEBEC) has named the Nigerian Communications Commission (NCC) one of the top five best-performing Federal Government agencies for 2025 under the Transparency and Efficiency Category. The NCC was recognised alongside...

NIPR Postpones Annual PRICE Awards to January 25

December 07, (THEWILL) — The Nigerian Institute of Public Relations (NIPR) has deferred the date for its maiden annual Public Relations, Reputation, Ideas, Concepts and Excellence (PRICE) Awards and Prizes to January 25, 2026, instead of December 7, 2025,...

Looming Food Crisis Threatens GDP Gains, Forex Stability

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December 07, (THEWILL) — A disturbing image has emerged regarding Nigeria's looming food crisis. This situation indicates a perilous trend that jeopardises the expansion of the Gross Domestic Product (GDP) and the stability of foreign exchange, among other notable...

NGX Posts Broad Gains as Index Rises 2.45% Amid Strong ICT and Banking Rally

Stock of the WEeek The Nigerian Exchange (NGX) closed the week on a strong positive note, driven by broad-based buying interest and heavier trading activity across key sectors. Market Performance Overview A total turnover of 6.617 billion shares worth N113.224 billion was...

NCDMB Bars Middlemen from NCEC Certification

December 07, (THEWILL) — The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Ogbe, has said that the Board has tightened its certification process to stop middlemen and dubious operators from accessing Nigerian Content compliance...

Oil-Producing States’ Derivation Revenue Soars Highest in 10 Years

December 07, (THEWILL) — Nigeria’s oil-producing states are receiving their highest 13 percent derivation allocations in nearly a decade, with disbursements reaching N1.09 trillion between January and August 2025, a 34 percent increase compared to the N812.2 billion recorded...

Equities Market Extends Strong Uptrend as ASI Surges Above 147,000 Points

December 05, (THEWILL) — The Nigerian Exchange (NGX) closed the daily trading on a strong bullish note, with the All-Share Index (ASI) rising from 145,476.15 to 147,040.26. This signals sustained buying interest across key counters. Market capitalisation also advanced,...

SEC Warns Against Transacting With Glorious Wealth Fund

December 05, (THEWILL) — The Securities and Exchange Commission (SEC) has warned Nigerians against transacting with an online investment platform, known as Glorious Wealth Fund (GWF). In a statement on Thursday, the SEC said the platform is not registered or...

Nigeria’s Steep 30% Corporate Tax Threatens FDI Inflows

December 05, (THEWILL) — Nigeria’s decision to maintain a 30 percent Company Income Tax (CIT) rate significantly higher than the global average of about 23.5 percent is raising fresh concerns about the country’s ability to attract and retain foreign...

DMO Raises N709.62bn As 364-day Treasury Bill Yield Climbs To 17.5%

December 05, (THEWILL) — Nigeria’s Debt Management Office (DMO) raised a total of ₦709.62 billion at its latest Nigerian Treasury Bills (NT-Bills) auction, with investors showing overwhelming preference for the longest-tenor instrument amid rising yields. The government had offered ₦700...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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