Business

June 29 (THEWILL) — Nigeria’s transport costs continued their upward trend in May 2026, with commuters paying more across all major modes of transportation, according to the latest Transport Fare Watch released by the National Bureau of Statistics (NBS). The...

June 29 (THEWILL) — Electricity Distribution Companies (Discos) recorded stronger operational performance in the fourth quarter of 2025, with revenue collection rising by nearly 24 percent year-on-year, driven by improved metering and increased electricity supply, according to the latest...

June 29 (THEWILL) — British American Tobacco (BAT) is set to eliminate about 9,000 jobs globally as part of a sweeping restructuring programme aimed at reducing costs, simplifying operations and accelerating its transition to smoke-free products. According to a Bloomberg...

June 29 (THEWILL) — The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has unveiled a N500 million zero-interest revolving fund aimed at expanding access to affordable financing for Micro, Small, and Medium Enterprises (MSMEs). Director-General of the agency,...

June 29 (THEWILL) — The average cost of maintaining a healthy diet in Nigeria rose to N1,589 per adult per day in April 2026, reflecting continued increases in food prices across most food groups, according to the latest Cost...

June 29 (THEWILL) — The Federal Government will officially launch the Digital National Education Management Information System (DNEMIS) on July 1 as part of efforts to strengthen data-driven planning and governance in Nigeria's education sector. The National Project Coordinator of...

June 29 (THEWILL) — Nigeria's foreign exchange market recorded a sharp increase in trading activity in the week ended June 26, 2026, with total turnover rising 22.06 percent to $2.84 billion, driven by stronger transactions in both the spot...

June 29 (THEWILL) — Three years after the naira was floated on June 14, 2023, the country's manufacturing sector remains one of the clearest gauges of the policy's far-reaching consequences. Introduced as part of broader economic reforms aimed at...

June 29 (THEWILL) — Trading activity in Nigeria's foreign exchange market recorded a strong rebound in the final week of June, with total turnover rising by more than 22 percent, driven by increased activity in both the spot and...

June 29 (THEWILL) — The Dangote Petroleum Refinery has imported its first-ever crude oil cargoes from the United Arab Emirates, marking a significant step in its strategy to diversify feedstock sources amid persistent constraints in domestic crude supply. According to...