Business

March 09, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a sharp decline in revenue in January 2026, with earnings falling to ₦2.57 trillion from ₦4.82 trillion reported in December 2025, according to the company’s latest...

March 09, (THEWILL) — The National Sugar Development Council (NSDC) has partnered with the Bank of Industry (BOI) to launch a ₦10 billion Sugar Project Acceleration Fund to boost the development of new sugar projects across Nigeria. The fund is...

March 09, (THEWILL) — Nigerians are to embrace a fresh spate of cost-of-living crisis as crude oil soared past $110 per barrel in the international market on Sunday, March 8, 2026, amid ongoing war in the Persian Gulf. The...

March 09, (THEWILL) — Nigeria’s consumer giants have survived currency shocks, border closures, fuel subsidy removals and recessions. Yet the high interest-rate environment of 2024–2025 may prove to be their most destructive challenge. At lending rates ranging between 38 percent...

March 09, (THEWILL) — The Central Bank of Nigeria (CBN) has announced that 30 banks have successfully met the new minimum capital requirements introduced under its ongoing banking sector recapitalisation programme, while three others are currently undergoing regulatory verification. The...

March 08, (THEWILL) — Transnational Corporation (Transcorp) PLC's 2025 performance, featuring 31 percent pre-tax growth to N175.9 billion and assets crossing N1 trillion, highlights the resilience of the service sector. This success, driven by power and hospitality, showcases robust...

March 08, (THEWILL) — Trading activities on the Nigerian Exchange (NGX) closed last week on a positive note, with key market indicators posting gains despite mixed investor sentiment across sectors. The NGX All-Share Index (ASI) and Market Capitalization appreciated by...

March 08, (THEWILL) — FCMB Group Plc has disclosed that it may experience delays in publishing its Audited Financial Statements on the Nigerian Exchange ahead of the March 31, 2026 deadline. In a notice filed on the Exchange, the group...

March 08, (THEWILL) — FMDQ Securities Exchange Limited has approved the listing of DLM SPV PLC's N7.30 billion Series 1 (Tranche A) and N1.70 billion Series 3 (Tranche B) Plain Vanilla Returns Sovereign Bond-Backed Composite Notes under its N30.00...

March 08, (THEWILL) — Nigeria’s biggest companies have rarely looked stronger. Their earnings are swelling, their margins are widening and their balance sheets are flush with cash. Yet across industrial corridors from Obajana to Ewekoro, expansion is cautious, capital...