Business

Domestic Borrowing Pushes Nigeria’s Public Debt To N152.39trn In Q2 2025

December 01, (THEWILL) — Nigeria’s total public debt stock rose to N152.39 trillion in the second quarter of 2025, driven largely by an uptick in domestic borrowing, according to figures published on Monday by the National Bureau of Statistics...

Otedola’s First HoldCo Exits FBNQuest Merchant Bank In Strategic Sale To EverQuest

December 01, (THEWILL) — First HoldCo, chaired by billionaire investor, Femi Otedola, has finalised the divestment of its entire stake in FBNQuest Merchant Bank to EverQuest Acquisition LLP, a consortium comprising Custodian Investments, Aion Investments and Evercorp Industries. The sale,...

Ellah Lakes Launches N235bn Public Offer To Accelerate Agro-Industrial Expansion

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December 01, (THEWILL) — Ellah Lakes Plc has launched a N235 billion public offer as the agribusiness firm pushes to deepen its transition into a fully integrated agricultural and processing company. Approved by the Securities and Exchange Commission...

Equities End November on Weak Note as NGX ASI Posts Least Monthly Performance of 2025

December 01, (THEWILL) — The Nigerian equity market closed November on a weak note as the NGX All-Share Index (ASI) posted its worst monthly performance of 2025, falling by 6.88% to close at 143,520.53 points, down from 154,126.46 at...

Detty Fusion: Access Bank, Lagos State Partner to Revolutionise Festive Season Experience

December 01, (THEWILL) — Access Bank PLC has partnered with the Lagos State Ministry of Tourism, Arts, and Culture to unveil the Detty Fusion Initiative—a first-of-its-kind digital platform designed to simplify how Nigerians, both at home and in the...

CAMCAN Sets 2025 Workshop Agenda, Highlights ISA Reforms and Investment Climate

December 01, (THEWILL) — The Capital Market Correspondents Association of Nigeria (CAMCAN) has concluded plans to host its 2025 annual workshop, a key engagement platform designed to deepen dialogue and strengthen policy direction across Nigeria’s capital market and the...

Refineries: Uncertainties Mount as NNPC Sets June 2026 Target to Alter Ownership Model

November 30, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPCL) is shopping for ‘partners’ to revive its moribund refineries that have lay comatose for over a decade. This is coming on the heels of the humongous resources invested...

NLNG, NCDMB to Partner on Asset Intervention Programme

November 30, (THEWILL) — Nigeria LNG Limited (NLNG) and the Nigerian Content Development and Management Board the (NCDMB) have engaged in productive discussions towards collaboration in support of NLNG’s planned revamp and enhancement of key operational facilities in Trains...

CSCS Plc Announces Go-Live of T+2 Settlement Cycle in Nigeria’s Capital Market

November 30, (THEWILL) — The Central Securities Clearing System Plc (CSCS), Nigeria’s premier capital market infrastructure, is pleased to announce the official go-live of the T+2 settlement cycle in the Nigerian capital market, effective today, Friday, 28 November 2025....

FBN, CEO Olusegun Alebiosu Receive Top Honours at Global Brand Awards 2025

November 30, (THEWILL) — Global Brands Magazine (GBM) has announcde that First Bank of Nigeria Limited, one of West Africa's leading financial institutions, has been recognised with two prestigious honours at the Global Brand Awards 2025 — 'Most Innovative...
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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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