Business

May 21, (THEWILL) — The FMDQ Exchange recorded a total market turnover of ₦249.18 trillion between January and April 2026, reflecting sustained trading activity across Nigeria’s fixed income, foreign exchange, and money markets. The figures, disclosed by the Group Chief...

May 21, (THEWILL) — China’s exports of solar panels and cells to Africa surged 83 percent year-on-year in April 2026, highlighting the continent’s growing appetite for renewable energy solutions amid rising electrification efforts and increased investment in solar infrastructure. According...

May 21, (THEWILL) — Africa’s richest man, Aliko Dangote, has revealed that the planned private placement for the Dangote Petroleum Refinery has already attracted close to $2 billion in investor requests ahead of the company’s proposed initial public...

May 21, (THEWILL) — Improving macroeconomic conditions and ongoing economic reforms have continued to strengthen confidence in Nigeria’s financial system, prompting S&P Global Ratings to upgrade the long-term global scale ratings of seven Nigerian banks from ‘B-’ to ‘B’. The...

May 21, (THEWILL) — Billionaire businessman and philanthropist, Femi Otedola, has revealed plans to invest $100 million in the forthcoming Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals, further signalling growing investor confidence in the mega refinery...

May 20, (THEWILL) — Nigeria’s equities market closed in negative territory on Wednesday as losses in major bellwether stocks outweighed gains recorded across several mid- and small-cap counters. At the close of trading on the Nigerian Exchange Limited, market capitalisation...

May 20, (THEWILL) — The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 26.5 percent, reaffirming the apex bank’s cautious but confidence-driven approach towards sustaining macroeconomic stability, curbing...

May 20, (THEWILL) — TechNexus Limited, in partnership with the Niger Delta Development Commission (NDDC), has announced the Port Harcourt Tech Expo 2026, themed “Syntropy”. The two-day technology conference and exhibition is scheduled for Thursday, June 11 and Friday,...

May 20, (THEWILL) — The Federal Airports Authority of Nigeria (FAAN) has activated enhanced Ebola response protocols across all international airports in the country as part of efforts to prevent the possible spread of the virus into Nigeria. The move...

May 20, (THEWILL) — Nigeria’s tax revenue increased to ₦7.44 trillion in the first quarter of 2026, representing a 23.2 percent year-on-year growth, but collections still missed the government’s target by ₦2.24 trillion despite ongoing tax reforms. Documents presented by...