Ogochukwu Onwaeze, THEWILL
NGX Extends Losing Streak as Investors Lose ₦878bn Amid Broad Selloff
July 2 (THEWILL) — The Nigerian Exchange (NGX) extended its bearish run on Thursday as sustained profit-taking and weak investor sentiment dragged key market...
CBN Targets N5.8tn Treasury Bills Sale in Biggest Liquidity Mop-Up This Year
July 2 (THEWILL) — The Central Bank of Nigeria (CBN) plans to raise N5.8 trillion through Treasury Bills (NTBs) between July and September, marking...
Customs Uncovers Fake NAFDAC Registration In ₦53.4bn Drug Seizure
July 2 (THEWILL) — The Nigeria Customs Service (NCS) has uncovered an attempt to smuggle unregistered pharmaceutical products into the country using a fake...
Agusto Upgrades MTN Nigeria To Top Aaa Rating Despite Recent Share Price Correction
July 2 (THEWILL) — MTN Nigeria Communications Plc has been upgraded to an Aaa long-term rating by Agusto & Co., the highest rating on...
Lagos Food Prices Mixed In June As Titus Fish Soars 93 Percent, Rice, Cooking...
July 2 (THEWILL) — Food prices across major Lagos markets posted mixed movements in June, with higher prices for fresh produce offset by declines...
PenCom, ICPC Recover Over ₦3bn In Unpaid Pension Contributions
July 2 (THEWILL) — The National Pension Commission (PenCom) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have recovered more than...
NNPC Revenue Drops By ₦636bn In May Despite Steady Oil Output
July 2 (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC) recorded a ₦636 billion decline in revenue in May despite maintaining stable crude...
CBN Limits Contract Suspensions For Troubled Banks To Two Business Days
July 2 (THEWILL) — The Central Bank of Nigeria (CBN) has capped the suspension of certain contractual obligations involving troubled banks at two business...
NGX Rebalances Key Market Indices in Half-Year Review
July 01 (THEWILL) — Nigerian Exchange Limited (NGX) has announced the outcome of its Half-Year 2025 review of its market indices.
This updated the composition...
IMF Flags Unreported Nigerian Public Spending Worth 2 Percent of GDP
July 01 (THEWILL) — The International Monetary Fund (IMF) has disclosed that Nigeria recorded public spending equivalent to about 2 percent of its Gross...