Business

December 05, (THEWILL) — Nigeria’s banking sector is facing a deepening crisis as non-performing loans (NPLs) surge despite falling short of macro-economic explanations. Data from the Central Bank of Nigeria (CBN) show widespread repayment failures in 2025 across small...

December 04, (THEWILL) — Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP) listings, following approval from the Securities and Exchange Commission, marking another significant expansion of its product suite in a year defined by accelerated innovation. This development deepens...

December 04, (THEWILL) — The Nigerian Exchange (NGX) closed Thursday, December 4, 2025, on a mixed note, with the All-Share Index (ASI) slightly higher than the previous day’s performance. Market capitalisation opened at N92.628 and closed at N92.725, while...

December 04, (THEWILL) — The Group Managing Director of Finchglow Holdings, parent company of six travel and aviation-focused businesses, Mr Bankole Bernard, has been appointed as the Chairman of the Cargo Accounts Settlement Systems (CASS), Nigeria Local Consultative...

December 04, (THEWILL) — The Federal Government has unveiled key macroeconomic assumptions that will guide the preparation of the 2026 national budget, signalling its fiscal outlook for the year ahead. According to the approved parameters, the government is projecting: Oil...

December 04, (THEWILL) — The Federal Executive Council’s (FEC) approval of the 2026-2028 Medium-Term Expenditure Framework (MTEF), with projected revenue of ₦34.33 trillion, provides an important macro-fiscal signal for Nigeria’s capital markets going into 2026. The MTEF, which outlines...

December 03, (THEWILL) — The Nigerian equity market closed positively today as sustained buying interest across several large and mid-cap counters lifted both the Market Capitalisation and the All-Share Index (ASI). Market Capitalisation opened at N92.376 trillion and closed higher...

December 03, (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB) has announced a $3 million cap on the amount any local oil and gas company can access from its newly established $100 million equity investment scheme. The limit,...

December 03, (THEWILL) — Nigerian investors will now enjoy full capital gains tax (CGT) relief when they reinvest proceeds from the sale of shares, following the implementation of updated tax rules aimed at boosting participation in the capital market. Under...

December 03, (THEWILL) — Input cost inflation in Nigeria eased to its lowest level in five years in the latest assessment of business conditions, according to a new report released this week. The slowdown signals a moderation in the...