Business

August 22, (THEWILL) — The Federation Account Allocation Committee has shared a total of N2.001tn among the Federal Government, states, and local government councils as revenue for July 2025. The figure was drawn from a gross total of N3.836tn, according...

August 21, (THEWILL) — Nigeria’s external reserves rose to $41 billion on Tuesday, August 19, up from the N40.11 billion mark in July 2025, the Central Bank of Nigeria stated in its external reserves data published on its official...

August 18, (THEWILL) — Guinea Insurance Plc posted a loss after tax of N114.7 million in the first half of 2025, compared to a profit of N115.94 million in the same period of 2024 and N936.55 million for the...

August 17, (THEWILL) — Nigeria’s nine oil-producing states amassed a total of N781.83 billion as statutory13 percent derivative fund from the Federation Account Allocation Committee (FAAC) in the first six months (H1) of 2025, according to data by the...

August 17, (THEWILL) — Seplat Energy Plc, dually listed on the London Stock Exchange and the Nigerian Exchange, advanced its drive in gas expansion in the first half of the year, buoyed by the company’s buyout of ExxonMobil’s Nigeria...

August 17, (THEWILL) — Managing Director and Chief Executive Officer of APT Securities and Funds Limited, Kasimu Garba Kurfi, has projected that the Nigerian Exchange (NGX) market capitalisation will surpass ₦100 trillion by the end of 2025, buoyed by...

August 15, (THEWILL) — Nigeria’s headline inflation eased for the fourth consecutive month in July 2025, dropping to 21.88 per cent from 22.22 per cent in June, according to the Consumer Price Index report released Friday by the National...

August 14, (THEWILL) — FirstBank, West Africa’s premier financial institution and a leading driver of financial inclusion, has announced the 2025 edition of its flagship Agric and Export Conference. The event, themed “The Fundamentals of Building a Non-Oil Export-Driven Economy”,...

August 14, (THEWILL) — World's largest cryptocurrency, Bitcoin, on Thursday, hit a new all-time high of $124,126 for the first time before easing slightly to $123,868. The milestone pushed Bitcoin's market capitalisation to $2.4 trillion, making it the fifth-largest asset...

August 13, (THEWILL) — Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N850 to N820 per litre. Effective August 12, 2025, the company described the move as...