July 01 (THEWILL) — The Nigerian Exchange (NGX) closed lower on Wednesday, extending its bearish run as sustained selling pressure across key counters erased ₦2.39 trillion from investors’ wealth.
Market capitalisation declined from ₦147.217 trillion at the opening of trade...
July 1 (THEWILL) — Nigeria’s equities market entered the second quarter of 2026 on the back of one of its strongest rallies in nearly two decades. By May, the Nigerian Exchange (NGX) had pushed the benchmark All-Share Index (ASI)...
July 1 (THEWILL) — Nigeria’s equities market recorded its steepest monthly value loss on record in June 2026, with investors losing ₦13.29 trillion as widespread profit-taking, dividend adjustments and portfolio rebalancing triggered a broad-based selloff across the Nigerian Exchange...
July 1 (THEWILL) — The Tony Elumelu Foundation (TEF) says businesses supported through its flagship entrepreneurship programme have generated more than $4.2 billion in revenue, underscoring the growing contribution of African entrepreneurs to economic growth and job creation across...
July 1 (THEWILL) — The World Bank has approved a $1.25 billion Development Policy Financing (DPF) loan for Nigeria as part of a new six-year partnership framework to accelerate private sector-led growth, create jobs, and support key economic reforms.
The...
July 1 (THEWILL) — The Federal Government has set a target of generating ₦2.5 trillion in independent revenue in 2026 as part of efforts to improve fiscal discipline, curb revenue leakages and strengthen non-oil revenue generation.
The Acting Executive Chairman...
July 1 (THEWILL) — The World Bank will gradually phase out lending to China by 2031, marking a significant shift in its relationship with the world's second-largest economy as Beijing's economic development reduces its need for financial support.
According to...
June 30 (THEWILL) — The Nigerian Exchange (NGX) rebounded on Tuesday as renewed buying interest in blue-chip and consumer stocks lifted market capitalisation by ₦653 billion.
Market capitalisation rose from ₦146.564 trillion at the opening of trading to ₦147.217 trillion...
June 30 (THEWILL) — African airlines recorded an 8.9 percent year-on-year increase in international passenger demand in May 2026, outperforming most global regions despite a broader slowdown in global air travel triggered by the conflict in the Middle East.
The...
June 30 (THEWILL) — Global index provider FTSE Russell has placed Nigeria's planned reclassification to Frontier Market status under further review, citing concerns over the country's recent transition to a T+1 securities settlement cycle.
The decision, announced on Tuesday, delays...
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
