Business

March 25, (THEWILL) — The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, declined significantly to ₦1,051.47 in February 2026, representing a 15.60 percent decrease from ₦1,245.80 recorded in February 2025, offering relief to consumers...

March 25, (THEWILL) — A Federal High Court sitting in Lagos has ruled that the Central Bank of Nigeria (CBN) acted beyond its statutory powers in dissolving the board and management of Union Bank of Nigeria, declaring the action...

March 25, (THEWILL) — FMDQ Group Plc has reinforced its commitment to youth financial literacy by engaging secondary school students in a targeted outreach programme to mark the 2026 Global Money Week 2026. The initiative, delivered through its flagship...

March 25, (THEWILL) — Signature Bank has announced the appointment of Alex Alozie as its new Deputy Managing Director, marking a strategic move to strengthen the bank’s leadership team and accelerate its growth agenda. The appointment, which takes immediate effect,...

March 25, (THEWILL) — Africa must unite on financial oversight to effectively manage cross-border risks and safeguard the continent’s economic stability, the Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said. Cardoso gave the charge on Tuesday in...

March 25, (THEWILL) — The Central Bank of Nigeria has introduced new measures to strengthen oversight of diaspora remittances, directing all international money transfer operators (IMTOs) to route transactions through designated naira settlement accounts with authorised dealer banks. The directive,...

March 24, (THEWILL) — Nigeria’s equities market closed on a positive note, rebounding strongly as renewed buying interest lifted key indicators above critical thresholds. The market capitalisation advanced from ₦127.750 trillion to ₦128.836 trillion, while the NGX All-Share Index (ASI)...

March 24, (THEWILL) — Binance Holdings Limited, on Tuesday, moved to reach a truce with the Federal Government over the ongoing tax evasion case against it, prompting the Federal High Court in Abuja to pause proceedings until May 12,...

March 24, (THEWILL) — Zenith Bank Plc has announced the appointment of Mr Kennedy Okwudili as an Executive Director, in a move aimed at strengthening its leadership structure and deepening its executive capacity. The appointment, which takes effect from May...

March 24, (THEWILL) — Nigeria could raise its crude oil production by an additional 100,000 barrels per day (bpd) in the coming months as efforts to ramp up capacity begin to yield results, according to the Group Chief...