Business

February 24, (THEWILL) — Nigeria’s total public debt has risen to ₦153.29 trillion ($103.94 billion) as of September 30, 2025, according to the Debt Management Office (DMO). This marks a ₦900 billion increase from the ₦152.39 trillion recorded at...

February 24, (THEWILL) — Fidelity Bank Plc has launched the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0), to equip Nigerian women with practical, income-generating skills and pathways to sustainable entrepreneurship. Unveiled ahead of...

February 24, (THEWILL) — The Federal Government of Nigeria is deepening negotiations with Chinese investors to secure up to $5.7 billion in strategic foreign capital as part of efforts to drive industrial growth, strengthen energy capacity and expand...

February 23, (THEWILL) — The Nigerian equities market opened the week on a cautiously mixed note, with gains and losses almost evenly matched as investors weighed profit-taking against ongoing sectoral demand. The market witnessed moderate activity as some investors consolidated...

February 23, (THEWILL) — Guinea Insurance Plc reported a substantial profit decline of 69.4 percent according to its financial statements for the period ending December 31, 2025. Within this time frame, the company’s post-tax profit fell to N286 billion...

February 23, (THEWILL) — Foreign exchange (FX) losses have wiped out much of the profit growth recorded by insurers in 2025, as currency depreciation offset gains from stronger underwriting performance and rising premium income. The insurance industry posted a combined...

February 23, (THEWILL) — Foreign investment into Nigeria’s manufacturing sector plunged by 54.11 percent in the first nine months of 2025, even as total capital inflows into the country more than doubled year-on-year, underscoring a widening disconnect between...

February 22, (THEWILL) — Nigeria’s capital market has recorded a historic expansion, with total market capitalisation rising to over ₦123.9 trillion and its contribution to the nation’s Gross Domestic Product (GDP) increasing to 33 percent. The Director-General of the Securities...

February 22, (THEWILL) — Ellah Lakes Plc has announced plans to refund investors after its ₦235 billion public offer failed to achieve the minimum subscription required for share allotment, marking a significant setback for the agribusiness firm’s capital-raising ambitions. The...

February 22, (THEWILL) — While the Nigerian National Petroleum Company (NNPC) Limited has initiated the process of privatising the underperforming state-owned refineries, members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) persist in their coercive...