Business

June 26 (THEWILL) — Shareholders of Neimeth International Pharmaceuticals Plc have approved an additional N30 billion capital raise, increasing the company's total fundraising mandate to N50 billion to support its expansion plans and strengthen its financial position. The approval was...

June 26 (THEWILL) — Shareholders of Jaiz Bank Plc have approved plans to raise N150 billion in fresh capital to strengthen the bank’s capital base, support business expansion, and position it for future growth. The approval was granted during the...

June 26, (THEWILL) — The Kano Chamber of Commerce, Industry, Mines and Agriculture (KACCIMA) has withdrawn its membership from the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), citing unresolved concerns over constitutional compliance. In a...

June 25 (THEWILL) — The Nigerian equities market closed lower on Thursday, as sustained profit-taking and weak investor sentiment pushed key performance indicators further into negative territory. Market capitalisation declined by ₦958 billion to close at ₦149.888 trillion, down from...

June 25 (THEWILL) — TotalEnergies Marketing Nigeria Plc has outlined a strategic recovery plan to restore profitability and strengthen its market position amid sweeping changes in Nigeria’s downstream petroleum sector triggered by the emergence of domestic refining capacity. Speaking at...

June 25 (THEWILL) — Zenith Bank Plc has strengthened its presence in Delta State with the commissioning of a new branch in Osubi, Okpe Local Government Area, becoming the first commercial bank to establish operations in the community and...

June 25 (THEWILL) — The Manufacturers Association of Nigeria (MAN) has raised concerns over a sharp decline in bank lending to the manufacturing sector, warning that the trend could undermine industrial growth, worsen unemployment, and slow the implementation of...

June 25 (THEWILL) — The Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA) has called for the establishment of a unified African cocoa producers’ bloc and the adoption of a minimum cocoa price of $6,000 per metric tonne...

June 25 (THEWILL) — The naira recorded its sharpest single-day decline since April after closing at N1,389 per dollar at the official foreign exchange market on June 24, 2026, amid renewed strength in the U.S. dollar across global markets. Data...

June 24 (THEWILL) — The average retail price of Automotive Gas Oil (diesel) climbed to ₦3,277.47 per litre in May 2026, representing a sharp 32.44 percent increase within one month and an 86.40 percent rise year-on-year, according to data...