Business

April 26, (THEWILL) — Nigeria has lost more than $76 billion attempting to run government-owned enterprises over the past decades, according to a report presented by the Alliance for Economic Research and Ethics. The report was presented by the organisation’s...

April 26, (THEWILL) — President Bola Ahmed Tinubu’s recent request for the Senate’s approval of a $516.3 million-dollar syndicated loan to finance key segments of the Sokoto-Badagry Superhighway, has sent ripples of concern among well-meaning citizens. When approved (as...

April 26, (THEWILL) — Trading on the Nigerian equities market closed the week on a positive note, as key performance indicators advanced amid sustained investor interest, particularly in financial services and consumer goods stocks. A total turnover of 3.805 billion...

April 26, (THEWILL) — Nigeria’s banking sector is entering a new phase of strength and strategic repositioning following the conclusion of the Central Bank of Nigeria’s (CBN) 24-month recapitalisation exercise, which has reshaped balance sheets, risk capacity, and profit...

April 26, (THEWILL) — Nestlé Nigeria has celebrated 15 years of impact with the graduation of twenty young trainees from the Flowergate Technical Training Centre. This milestone reinforces the company’s long-standing commitment to youth empowerment through the development of...

April 24, (THEWILL) — Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the year ended December 31, 2025, recording total assets growth of 9.4 percent to ₦33.2 trillion, up from...

April 24, (THEWILL) — Nigerian Exchange Group Plc has announced plans to hold its 65th Annual General Meeting (AGM) on April 29, 2026, at 11:00 a.m. at the company’s corporate head office located at 2–4 Customs Street, Lagos. According...

April 24, (THEWILL) — UniCloud Africa and Open Access Data Centres have entered a strategic partnership to expand locally hosted cloud and artificial intelligence infrastructure across key African markets, amid rising demand for data sovereignty and in-country digital services. Under...

April 24, (THEWILL) — Nigeria’s Value Added Tax (VAT) disbursement to states climbed sharply in February 2026, with gross allocations rising by 30.36 percent month-on-month to ₦551.77 billion from ₦423.25 billion recorded in January. Data from the Office of the...

April 24, (THEWILL) — The Central Bank of Nigeria, CBN, has increased the fee for issuance and replacement of Automated Terminal Machine (ATM) debit/credit cards to ₦1,500 from ₦1,000, reflecting a 50 percent increase. Additionally, the apex bank also scrapped...