Business

FAAC Shares N1.818trn June 2025 Revenue To FG, States, LGs

July 20, (THEWILL) — The Federation Allocation Account Committee (FAAC) has shared a total sum of N1.818 trillion to the Federal Government, States and Local Government Councils as June 2025 Federation Account Revenue. The allocation was shared at the...

GTCO Records 66.8% Gain Y-t-D, Emerges First Banking Stock Above N100

July 20, (THEWILL) — Shares of Guaranty Trust Holding Company Plc (GTCO) recorded a 66.8 percent gain, year-to-date, as of Friday, July 18, 2025, closing at N95.05 per share against N57 it opened at the beginning of the year. In...

Industry Leaders Defend Local Content, Rally Behind NCDMB at NOG Energy Week

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July 20, (THEWILL) — At the NOG Energy Week in Abuja, industry leaders robustly defended Nigeria’s local content policy, rejecting claims that it inflates business costs in the oil and gas sector.   They cautioned that such criticisms jeopardize the nation’s...

Nigeria Green Bond Market Development Programme Launches Sustainable Finance Bootcamp

July 20, (THEWILL) — The Nigeria Green Bond Market Development Programme (NGBMDP), a strategic partnership of FMDQ Group PLC and Financial Sector Deepening Africa (FSD Africa), has announced the launch of the Sustainable Finance Bootcamp. This is a tailored programme designed to empower Nigerian businesses by providing them with the essential tools,...

Misleading, Malicious – FG Denies Involvement In First HoldCo Share Acquisition

July 18, (THEWILL) — The Federal Government has dismissed reports linking it or the Attorney General of the Federation and Minister of Justice to the recent acquisition of shares in FBN Holdings (First HoldCo). The rebuttal follows widespread reports that...

FirstBank Hits ₦1tn Milestone In Instant Digital Loan Disbursements

July 18, (THEWILL) — FirstBank, one of West Africa’s leading financial institutions, has announced that it has crossed the ₦1 trillion mark in cumulative instant digital loan disbursements. The milestone, confirmed in a statement on Friday by Olayinka Ijabiyi,...

Zenith Emerges Nigeria’s Best Bank In 2025 Euromoney Awards For Excellence

July 18, (THEWILL) — Zenith Bank has been named Best Bank in Nigeria at the Euromoney Awards for Excellence 2025, clinching the biggest and most coveted country award in this category. Euromoney’s Awards for Excellence are one of the most...

Coca-Cola Set To Replace High-Fructose Corn Syrup With Real Cane Sugar In U.S Products Amid Trump’s Pressure

July 17, (THEWILL) — Coca-Cola is set to replace high-fructose corn syrup with real cane sugar in its United States drinks. US president, Donald Trump, who announced this on Wednesday, said the move will make the drinks “just better.”...

UK Inflation Rises to 3.6% In June 2025

July 16, (THEWILL) — The annual inflation rate in the United Kingdom rose to 3.6% in June 2025, marking an increase of 0.2% from the 3.4% recorded in the previous month of May, the UK Office for National Statistics...

Capital Market Drives Climate Solution as NGX Group Seeks Funding Support for N-Zero Programme

July 14, (THEWILL) — Nigerian Exchange Group (NGX Group), a leading integrated market infrastructure provider in Africa, has signed a funding agreement with DEG Impulse gGmbH, a subsidiary of the German Development Finance Institution, DEG - Deutsche Investitions-und Entwicklungsgesellschaft...
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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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