June 22 (THEWILL) — Company Income Tax (CIT) payments from Nigeria’s manufacturing sector plunged by 68.25 percent year-on-year in the first quarter of 2026, underscoring the mounting pressures facing producers amid a new tax framework, weak consumer demand and...
June 21 (THEWILL) —The Nigerian Exchange (NGX) closed the week on a bearish note as sustained sell pressure across major counters dragged key performance indicators lower, wiping approximately ₦5.64 trillion from investors’ wealth.
The NGX All-Share Index (ASI) depreciated by...
June 19 (THEWILL) — The Nigerian Exchange (NGX) ended Friday’s trading session on a negative note as sustained profit-taking in major banking and industrial stocks extended the market’s losing streak, eroding approximately ₦939 billion from investors’ wealth.
Market capitalisation declined from...
June 19 (THEWILL) — Oil prices fell sharply on Thursday, dropping to their lowest levels since the outbreak of the US-Iran conflict as easing geopolitical tensions improved expectations for global crude supply.
According to Reuters, Brent crude futures fell by...
June 19 (THEWILL) — President Bola Ahmed Tinubu has said the Federal Government remains on course to deliver a 1.1 million metric tonnes fertiliser programme to Nigerian farmers in 2026, as part of efforts to boost agricultural productivity and...
June 18 (THEWILL) — The Nigerian Exchange (NGX) closed lower on Thursday as sustained sell pressure across key counters dragged market performance deeper into negative territory, wiping off approximately ₦2.18 trillion from investors’ wealth.
Market capitalisation declined from ₦154.445 trillion...
June 18 (THEWILL) — Standard Bank Group, Africa’s largest lender by assets, is intensifying its focus on Nigeria and four other strategic African markets as it seeks to tap into an estimated 250 billion rand ($15.4 billion) revenue opportunity...
June 18 (THEWILL) — The Nigerian Exchange (NGX) has introduced a new framework that will significantly change how share prices move on the local bourse, setting minimum trading volume thresholds that must be met before stock prices can record...
June 18 (THEWILL) — The Central Bank of Nigeria (CBN) allotted ₦1.49 trillion at its June 17 Treasury Bills (NTB) primary market auction, raising stop rates across all three maturities as investors sought higher yields amid persistent inflationary pressures.
Auction...
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.
