Business

January 16, (THEWILL) — The Nigerian equities market closed slightly higher on Friday, supported by modest buying interest that lifted key indicators. Market capitalisation opened at N106.323 trillion and edged up to N106.353 trillion at the close, while...

January 16, (THEWILL) — Nigeria’s Securities and Exchange Commission (SEC) has unveiled sweeping new capital requirements for operators in the capital market, significantly raising financial thresholds for fintech companies, digital asset firms, brokers, fund managers and other market participants. The...

January 16, (THEWILL) — Sterling Bank, Ecobank, and 22 other deposit money banks have met the recapitalisation thresholds set by the Central Bank of Nigeria (CBN), well ahead of the 2026 compliance deadline. The development signals growing preparedness within Nigeria’s...

January 16, (THEWILL) — The Nigerian Exchange (NGX), in partnership with Germany’s development finance institution DEG, has convened top corporate executives and investors in a bid to unlock up to $3 billion in net-zero climate capital for Nigeria’s economy. The...

January 16, (THEWILL) — Nigeria’s Securities and Exchange Commission (SEC) has issued a public warning against an online investment entity known as the Tunbosayo Okekunle Strategic Alpha Fund (TOSAF), flagging it as a suspected Ponzi-like scheme and urging the...

January 16, (THEWILL) — The International Monetary Fund (IMF) has backed Nigeria’s latest inflation data following a major revision of the Consumer Price Index (CPI) methodology by the National Bureau of Statistics (NBS), saying the changes enhance data credibility...

January 15, (THEWILL) — The Nigerian equities market closed lower on Thursday, as profit-taking across select stocks pressured overall performance. Market capitalisation declined from N106.780, at the open to N106.323 at the close, while the NGX All-Share Index (ASI)...

January 15, (THEWILL) — Nigeria’s headline inflation rose to 15.15 percent in December 2025 following a recalibration of the country’s inflation measurement methodology, the National Bureau of Statistics (NBS) said. The revision aims to provide a more accurate reflection...

January 15, (THEWILL) — The Nigerian Economic Summit Group (NESG) has projected that Nigeria’s inflation rate could fall to single-digit levels by 2029, contingent on the sustained implementation of key macroeconomic and structural reforms. NESG noted that the outlook depends...

January 15, (THEWILL) — An insider of Vitafoam Nigeria Plc has disposed of shares valued at approximately ₦33 million in transactions executed toward the end of the year, according to disclosures filed with the Nigerian Exchange Limited (NGX). The...