Business

Court Restrains NUPENG, Truck Drivers From Disrupting Dangote Refinery Operations

September 18, (THEWILL) — The National Industrial Court in Abuja has granted an interim injunction restraining the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Direct Trucking Company Drivers Association from embarking on industrial action...

FAAC Shares ₦2.225trn August 2025 Revenue To FG, States, LGs

September 18, (THEWILL) — The Federation Account Allocation Committee (FAAC) has shared a total of ₦2.225 trillion among the Federal Government, states, and local government councils as August 2025 federation revenue. Mohammed Manga, Director of Information and Public Relations...

Stock Market Closes Lower Despite Strong Showings From Select Equities

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September 16, (THEWILL) — The Nigerian equities market closed in the red on Tuesday, September 16, despite impressive performance from a handful of bullish stocks. The overall market sentiment remained bearish as the market capitalisation fell from N89.63 trillion at...

UBA Hosts Global Leaders At UNGA 2025, Launches Whitepaper On Unlocking Africa’s Potential

September 16, (THEWILL) — Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to make a bold statement on the global stage as it will be gathering world leaders, policymakers, investors and other private sector players at...

FG Suspends 4% FOB Levy On Imports

September 16, (THEWILL) — The Federal Government has ordered the Nigeria Customs Service (NCS) to suspend the implementation of the 4% Free on Board (FOB) levy on imported goods. In a circular titled “Suspension of the Implementation of 4%...

NGX Opens Week Strong With N704bn Gain As LivingTrust, eTranzact Top Gainers’ Chart

September 15, (THEWILL) — The Nigerian Exchange (NGX) began the week on a strong note, extending last week’s positive sentiment as investors showed buying interest across various sectors. At the close of trading on Monday, September 15, 2025, the market...

PRESS RELEASE: FXTM Expands Trading Opportunities In Nigeria, Launch FXTM Edge Platform

September 15, (THEWILL) — Lagos, Nigeria – September 16, 2025 - FXTM, a global leader in online trading, has announced the launch of FXTM Edge, a new trading account designed to give Nigerians an easy and innovative way to...

Nigerians Pay Most for Embracing Cashless Policy in July 2025

September 15, (THEWILL) — Nigerians have continued to suffer income decline through levies imposed by the government to boost revenue to fund the budget. One area this has happened is the Electronic Money Transfer Levy (EMTL).   The EMTL funds climbed...

Nigeria-US Trade Slumps As Exports Drop To $379m, $584m in July Amid Trump Tariffs

September 15, (THEWILL) — Nigeria’s exports to the United States fell sharply from $639 million in June 2025 to $379 million in July, a 41 per cent decline in one month, according to data from the US Census...

Integrity, Professionalism are Core Values at Afrinvest -Dr. Ike Chioke

September 15, (THEWILL) — Nigeria’s leading investment firm, Afrinvest (West Africa) Limited, recently marked its 30th anniversary in Lagos during which it unveiled its 2025 Banking Sector Report entitled ACT-BOLD. The Group Managing Director/Chief Executive Officer, Dr Ike Chioke, spoke...
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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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