Business

Nigeria’s Crude Oil Output Hits 74-Month High, Exceeds OPEC Quota

July 13, (THEWILL) — Nigeria’s crude oil production rose to a 74-month high in June 2026, surpassing the Organisation of the Petroleum Exporting Countries’ production quota for the fourth consecutive month as improved operational stability boosted output. Data released...

Nigeria’s Prolonged Silence on Budget Implementation Reports: A Dangerous Gap in Fiscal Transparency

July 13, (THEWILL) — The Federal Government's failure to publish Nigeria's Budget Implementation Report (BIR) beyond the third quarter of 2025 should concern every Nigerian. While budget preparation and appropriation often dominate public discourse, budget implementation is where governance...

IFC, NGX, LCCI Launch Gender Initiative To Boost Investment, Women’s Economic Participation

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July 12, (THEWILL) — Nigeria’s private sector has launched the Nigeria Gender Country Programme (NGCP), a new initiative aimed at expanding women’s participation in leadership, employment, entrepreneurship and finance as part of efforts to strengthen business competitiveness and drive...

How Nigeria Emerged World’s Best-Performing Stock Market

July 12, (THEWILL) — Nigeria has risen to become the top-performing stock market globally, achieving an outstanding record that has pushed tech-centric South Korea into the second position – a rank that Nigeria maintained at the conclusion of the...

FCMB’s Q1 2026 Performance Signals Strength for Post-Recapitalisation Era

July 12, (THEWILL) — FCMB Group has commenced the 2026 financial year with a first-quarter performance indicative of the institution entering a new phase characterized by growth, resilience, and strategic significance. In addition to the headline figures, the group's...

Expert Seeks Stronger Oil, Insurance Alliance to Deepen Local Content

July 12, (THEWILL) — Nigeria's insurance and oil and gas industries have been urged to forge stronger strategic partnerships anchored on local content development and digital transformation to accelerate inclusive economic growth and strengthen the nation's resilience. The call was...

Dangote Cement Advocates Faster Low-Carbon Transition at Global Industry Summit

July 12, (THEWILL) — Dangote Cement Plc has reaffirmed its commitment to low-carbon cement production, calling on African manufacturers to accelerate decarbonisation while expanding capacity to meet the continent's growing infrastructure needs. The call was made by the Group Managing...

NGX Sheds ₦103bn As Profit-Taking Offsets Gains In 31 Stocks

July 10 (THEWILL) — The Nigerian Exchange (NGX) closed marginally lower on Friday. Market capitalisation declined by ₦103 billion to close at ₦156.444 trillion, from ₦156.547 trillion at the previous session. Similarly, the All-Share Index (ASI) fell by 159.97 points,...

Nigeria Overtakes South Korea To Become World’s Best-Performing Stock Market In Dollar Terms

July 10 (THEWILL) — Nigeria has emerged as the world’s best-performing stock market in dollar-denominated returns, overtaking South Korea, as improving foreign exchange stability, strong equity performance, and ongoing market reforms continue to boost investor confidence. The recognition comes from...

Access Holdings Vests over 200 Milllion Shares in 77 employees, Agbede Tops Beneficiaries

July 10, (THEWILL) — Access Holdings Plc has vested more than 200 million ordinary shares in 77 employees across its group under its long-term incentive programme, with former Executive Director, Business Support, Bolaji Agbede, emerging as the largest...
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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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