Business

June 24 (THEWILL) — The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, rose to ₦1,596.25 per litre in May 2026, highlighting the continued pressure of fuel costs on households and businesses despite signs of...

June 24 (THEWILL) — Nigerian households received only marginal relief in cooking fuel costs in May 2026, as the average retail price of household kerosene declined slightly from the previous month, but remained significantly higher than levels recorded a...

June 24 (THEWILL) — The Nigerian Exchange (NGX) closed sharply lower on Wednesday, as heavy selloffs in major cement and insurance stocks triggered a broad market decline, wiping ₦3.64 trillion off investors’ wealth. Market capitalisation fell from ₦154.484 trillion at...

June 24 (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB) is set to commence the issuance of the Nigerian Content Trainers Registration Certificate (NCTRC), as part of its commitment to strengthen local competencies and promote professional standards...

June 24 (THEWILL) — Data from the Central Bank of Nigeria shows that credit to the Federal Government rose sharply over the 12 months to May 2026, underscoring continued public sector borrowing amid tight monetary conditions. Total credit to government...

June 24 (THEWILL) — The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has launched the CBN Naira Ambassadors Club, a new initiative to promote proper handling of the Naira and encouraging young Nigerians to become advocates...

June 24 (THEWILL) — Standard Chartered Bank Nigeria Limited has received the International Finance Corporation’s (IFC) EDGE (Excellence in Design for Greater Efficiencies) Green Building Certification for its Head Office in Lagos, reinforcing its commitment to sustainable operations and...

June 24 (THEWILL) — The average retail price of Premium Motor Spirit (petrol) rose by 55.31 percent year-on-year to N1,596.25 per litre in May 2026, according to the National Bureau of Statistics (NBS) latest report. The figure was higher...

June 24 (THEWILL) — Wema Bank has signed a €50 million financing agreement with EIB Global, the development arm of the European Investment Bank (EIB), to expand access to credit for small and medium-sized enterprises (SMEs) across Nigeria, with...

June 23 (THEWILL) — The Securities and Exchange Commission (SEC) has ordered capital market operators to immediately stop all promotional activities linked to a purported initial public offering by Dangote Petroleum Refinery and Petrochemicals FZE, warning that it has...