Business

June 23 (THEWILL) — The Nigerian Exchange (NGX) reversed its recent losing streak on Tuesday, as renewed buying interest in large-cap and mid-cap stocks pushed key market indicators higher. Market capitalisation gained ₦1.64 trillion to close at ₦154.484 trillion, up...

June 23 (THEWILL) — Credit to Nigeria’s private sector rose to ₦81.04 trillion in May 2026, highlighting the resilience of lending activity despite the Central Bank of Nigeria’s (CBN) continued tight monetary policy to curb inflation. According to the latest...

June 23 (THEWILL) — Nigeria's electricity distribution companies (DisCos) have begun compensating customers for failing to meet the minimum power supply hours required under the country's Band A electricity tariff regime, marking a significant shift in regulatory enforcement within...

June 23 (THEWILL) — Nigeria remained one of the world's largest gas-flaring nations in 2025, ranking among nine countries responsible for 83 percent of global gas flaring, according to the World Bank's latest Global Gas Flaring Tracker Report. The report,...

June 23, (THEWILL) — Chairman and founder of Air Peace Airlines Limited, Chief Allen Onyema, has called on the Federal Government to urgently review the multiple taxes and charges imposed on airlines, to avoid distress and massive job...

June 23, (THEWILL) — Fidson Healthcare Plc has praised the Bank of Industry (BoI) and the European Investment Bank (EIB) for their critical roles in strengthening pharmaceutical manufacturing in Nigeria through long-term concessionary financing and strategic partnerships. The commendation...

June 23, (THEWILL) — Aradel Holdings Plc recorded a strong start to 2026, reporting a 252 percent increase in profit after tax to ₦120.3 billion and a 265 percent surge in revenue to ₦728.5 billion in the first...

June 23 (THEWILL) — Nigeria imported 16,642.66 metric tonnes of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, within the first 19 days of June 2026 as the Federal Government moved to address supply shortages and curb rising...

June 23, (THEWILL) — Nigeria’s broad money supply (M3) increased to N129.21 trillion in May 2026, reflecting continued growth in liquidity across the economy despite the Central Bank of Nigeria’s tight monetary policy stance. Latest data released by the...

June 22 (THEWILL) — The Nigerian equities market opened the week on a positive note on Monday. Market capitalisation rose from ₦151.327 trillion at the opening to ₦152.845 trillion at the close of trading, reflecting a significant gain in...