Business

November 25, (THEWILL) — Dangote Refinery has tapped Honeywell International Inc. to open new tab to provide services and help double its refining capacity to 1.4 million barrels per day by 2028. Analysts describe this as the clearest indication...

November 25, (THEWILL) — The Central Bank of Nigeria (CBN) has proposed stricter sanctions for individuals who repeatedly issue dud cheques, including an automatic five-year ban each time a repeat offence occurs. The measure is part of a new...

November 25, (THEWILL) — The naira strengthened further on Monday, appreciating to ₦1,452 per dollar at the official foreign exchange market as investors, analysts, and market operators turned their attention to the 303rd Monetary Policy Committee (MPC) meeting. The...

November 25, (THEWILL) — The Central Bank of Nigeria (CBN) has issued a fresh directive clarifying how Financial Holding Companies and banks should compute their minimum paid-up capital. This follows weeks of uncertainty that contributed to delays in the...

November 24, (THEWILL) — The Nigerian equities market extended its bearish performance today as sustained cautious sentiment pushed key indicators into the red. The All-Share Index (ASI) dipped from 143,722.62 to 143,614.61, while the market capitalisation declined from about...

November 24, (THEWILL) — Nigeria’s planned ban on sachet and small-volume (under 200 ml) alcoholic drinks, scheduled to be enforced by December 2025, is triggering sharp warnings from business analysts, who predict a liquidity crisis for manufacturers in the alcoholic...

November 24, (THEWILL) — The Federal Government raked in N47.87 billion from digital cash switch fee, otherwise called Electronic Money Transfer Levy (EMTL) in November, 2025, a whopping 217.8 percent rise against N15.06 billion garnered in the equivalent period...

November 24, (THEWILL) — Nigeria’s equity market has entered one of its most explosive phases in recent history, as turnover on the domestic bourse surged to nearly N10 trillion within the first ten months of 2025 —a performance analysts...

November 24, (THEWILL) — The Federal Inland Revenue Service has dismissed allegations by former Vice President Atiku Abubakar claiming that the appointment of Xpress Payments as a payment channel for federal revenue collection was politically motivated. The revenue collection agency...

November 24, (THEWILL) — The Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, has raised fresh alarm over the growing instability in Nigeria’s financial sector, warning that the combined impact of the ‘japa’ syndrome, recapitalisation pressures,...