March 18, (THEWILL) — Deposit money banks have begun adjusting savings rates following the recent Monetary Policy Rate cut by the Central Bank of Nigeria (CBN), with the benchmark savings deposit rate now at 7.95 percent per annum, representing...
March 18, (THEWILL) — The contribution of the Nigerian Railway Corporation (NRC) to Nigeria’s Gross Domestic Product fell sharply to -2.835 percent in the fourth quarter of 2025.
It marked a significant reversal from the 42.576 percent growth recorded...
March 18, (THEWILL) — The Central Bank of Nigeria (CBN) is set to raise ₦1.05 trillion at a Treasury Bills auction scheduled for March 18, bringing total short-term borrowing by the Federal Government to nearly ₦3 trillion within...
March 17, (THEWILL) — Nigeria’s payment system has experienced dramatic growth over the past decade, driven by regulatory reforms from the Central Bank of Nigeria (CBN) and technological innovation by the Nigeria Inter‑Bank Settlement System (NIBSS).
The backbone of the...
March 17, (THEWILL) — Nigeria’s stock market maintained its bullish momentum on Tuesday, as the NGX All-Share Index (ASI) rose to 202,559.41 points, up from 201,474.89 points at the previous session. Market capitalisation expanded to ₦130.03 trillion, reflecting strong...
March 17, (THEWILL) — Temi Popoola, the Group Managing Director and Chief Executive Officer of Nigerian Exchange Group (NGX Group), has said Nigeria’s capital market is undergoing a re-rating as global investors reassess the country’s economic prospects and investment...
March 17, (THEWILL) — Investments in Federal Government of Nigeria (FGN) securities rose by 16.7 percent, pushing total pension fund assets to about ₦28 trillion, according to the National Pension Commission (PenCom).
The increase reflects sustained allocation to government instruments,...
March 17, (THEWILL) — Nigeria recorded approximately $96 billion in cryptocurrency and other virtual asset transactions, underscoring the rapid growth of digital finance in the country, according to the Securities and Exchange Commission of Nigeria (SEC).
Director-General of the Commission,...
March 16, (THEWILL) — Nigeria’s equities market reached a historic milestone on Monday, as the NGX All‑Share Index climbed above the 200,000-point mark, driven by sustained investor demand and gains across major sectors.
The benchmark index advanced by 1.55 percent,...
March 16, (THEWILL) — The Nigerian equities market opened the week on a bullish note on Monday, as strong buying interest in large-cap stocks lifted the benchmark index above the 201,000-point threshold. Market capitalisation rose from ₦127.360 trillion to...
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.
