Business

Ex-Power Minister, Barth Nnaji, to Grace SUPERNEWS Conference July 7

June 08 (THEWILL) — The Chairman, Geometric Power Limited and former Nigerian Minister of Power, Professor Barth Nnaji will be a Special Guest of Honour at the forthcoming SUPERNEWS Conference and 10th Anniversary scheduled for July 7, 2026. The conference,...

Trade Sector Attracts $65.8m Foreign Capital as Investor Confidence Rebounds

June 8 (THEWILL) — Nigeria’s trade sector attracted $65.79m in foreign investment in the first quarter of 2026, marking a 91.3 percent increase from the $34.39m recorded in the corresponding period of 2025, according to the latest capital importation...

FG Cuts Ministers’ Imprest to N700,000, Tightens Spending Controls

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June 8 (THEWILL) — The Federal Government has reduced the maximum reimbursable imprest available to ministers to N700,000 and introduced stricter controls on the use of public funds as part of efforts to strengthen financial discipline across Ministries, Departments,...

How DBN is Fueling SME Development Through Affordable Credit, Targeted Capacity Building

June 07, (THEWILL) — The Development Bank of Nigeria (DBN) Plc is strengthening its commitment to the growth of micro, small, and medium enterprises (MSMEs) – a sector that accounts for more than 90 percent of employment through the...

Young Nigerians, Fintech Apps Fuelling New Wave Of Capital Market Growth – SEC DG

June 6 (THEWILL) — Nigeria’s capital market is witnessing a new wave of growth driven largely by young investors using fintech platforms to access investment opportunities, according to the Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi...

NGX Rebounds as Gainers Outpace Losers in Friday Trading

June 5 (THEWILL) — The Nigerian Exchange (NGX) ended Friday’s trading session on a positive note as renewed buying interest across key counters lifted the market higher, with gainers significantly outpacing losers. Market capitalisation advanced by ₦234 billion to close...

Hybrid Motors Lands $95m Backing To Build EV Factories, 110 Mega Charging Stations In Nigeria

June 5 (THEWILL) — Hybrid Motors Nigeria has secured approximately $95 million in investment commitments to establish electric vehicle (EV) manufacturing plants in Lagos and Abuja and deploy a network of mega charging stations, marking one of the largest...

Insurtech Push Could Unlock Insurance Access For Over 200 Million Nigerians By 2030 – CBI

June 5 (THEWILL) — Nigeria’s insurance industry could be on the cusp of a major digital transformation, with Insurtech-driven innovations expected to significantly expand insurance access and adoption across the country’s population of more than 200 million people by...

Naira Hits Four-Week High On Stronger Reserves

June 5 (THEWILL) — The naira strengthened further against the United States dollar on Thursday, closing below the ₦1,360/$ mark for the first time in four weeks amid rising external reserves and sustained foreign exchange reforms by the Central...

Dangote Refinery Ramps Up to 700,000 Barrels Per Day, Strengthening Africa’s Energy Landscape

June 04, (THEWILL) — Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process Licensors, marking a significant milestone in the facility's operational...
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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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