Business

December 03, (THEWILL) — The Central Bank of Nigeria (CBN) has announced sweeping changes to the country’s cash-handling regulations, removing the limit on cash deposits and raising the cumulative weekly cash withdrawal limit across all channels for individuals from...

December 02, (THEWILL) — Presco Plc has announced the successful attraction of a $100 million Foreign Direct Investment (FDI) aimed at accelerating the company’s expansion plans and strengthening Nigeria’s agro-industrial value chain. The investment described as a significant vote of...

December 02, (THEWILL) — The Nigerian equities market closed on a mixed note today as the All-Share Index (ASI) dipped despite an improvement in overall market capitalisation. Market Capitalisation opened at N91.089, and closed higher at N92.376, reflecting renewed interest...

December 02, (THEWILL) — The Centre for Economic Accountability and Rescue (CEAR) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd.) for posting an impressive N5.4 trillion profit for 2024, describing it as one of the clearest indicators...

December 02, (THEWILL) — Nigeria’s economy expanded by 3.98 percent in the third quarter of 2025, supported largely by stronger-than-expected performance in the agricultural and industrial sectors, according to newly released data from the National Bureau of Statistics...

December 02, (THEWILL) — The naira weakened to N1,446 per US dollar at the official market in November, closing the month lower despite the Central Bank of Nigeria’s (CBN) continued monetary tightening aimed at stabilising the foreign-exchange market. The latest...

December 01, (THEWILL) — The Nigerian equities market extended its bearish performance as broad sell pressure pushed major indices lower. Market Capitalisation declined from N91.286, at the opening to N91.089 at the close. Likewise, the All-Share Index fell from...

December 01, (THEWILL) — The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has announced the opening of subscriptions for the latest tranche of the Federal Government of Nigeria (FGN) Savings Bond, offering retail investors...

December 01, (THEWILL) — Nigeria’s latest audit has revealed that the Central Bank of Nigeria (CBN) failed to recover N629.04 billion loaned out under the Anchor Borrowers’ Programme (ABP), raising serious concerns about transparency, accountability, and the sustainability of...

December 01, (THEWILL) — Guinea Insurance Plc recorded a massive post-tax profit decline of 93.2 percent in the nine months of the year. According to its interim Q3 2025 report filed with the Nigerian Exchange (NGX), the profit after...