Business

June 9 (THEWILL) — The Debt Management Office (DMO) has increased its Nigerian Treasury Bills (NTB) issuance programme for the second quarter of 2026 to N4.8 trillion, up from the original N3.95 trillion planned for the period. An analysis of...

June 9 (THEWILL) — Nigeria’s expenditure on petrol imports fell sharply to N87.40 billion in the first quarter of 2026, down from N2.27 trillion recorded in the corresponding period of 2025, according to data from the National Bureau of...

June 9 (THEWILL) — MTN Nigeria has defended the recent increase in telecom tariffs, saying the adjustment was critical to the survival of both the company and the wider telecommunications industry, while unveiling plans to invest more than N1tn...

June 8 (THEWILL) — The Nigerian Exchange (NGX) reversed part of last week’s losses on Monday, as gains in selected stocks lifted market capitalisation by ₦515 billion, despite a closely contested market breadth. Market capitalisation rose from ₦155.593 trillion to...

June 8 (THEWILL) — Nigeria’s total merchandise trade rose to ₦34.79 trillion in the first quarter of 2026, supported by stronger export earnings and a sharp contraction in imports, according to the latest Foreign Trade Statistics report released by...

June 8 (THEWILL) — FCMB Group Plc delivered a strong financial performance for the 2025 financial year, posting a profit before tax (PBT) of N202.1 billion, an 80.6 percent increase from N111.9 billion recorded in 2024, driven by robust...

June 8 (THEWILL) — Telecommunications operators in Nigeria have challenged the National Bureau of Statistics (NBS) report showing that the sector attracted just $7.24 million in foreign capital importation in the first quarter of 2026, arguing that the figure...

June 8 (THEWILL) — Fidelity Bank, the flagship subsidiary of Fidelity Bank Group, accumulated fines amounting to N645.9 million within five years (2021-2025), arising from various regulatory violations. thereby ranking it among the foremost offenders in the financial services...

June 08 (THEWILL) — The Securities and Exchange Commission (SEC) has commenced a structural overhaul of Nigeria’s digital asset ecosystem following the issuance of Circular No. 26-1 on January 16, 2026, which raised the minimum paid-up capital requirement for...

June 08 (THEWILL) — Nestlé Nigeria has launched a multi-stakeholder coalition to drive sustained environmental action in commemoration of 2026 World Environment Day. Building on six years of nationwide awareness and clean-up initiatives, the coalition represents a coordinated and...