Business

Stock Weekly: Equities Market Records Higher Turnover Despite 0.14 Percent Decline in ASI

Total Turnover A total of 4.140 billion shares worth N115.889 billion was traded this week on the floor of the Exchange, compared with 2.668 billion shares valued at N106.264 billion last week. Sector Activity Financial Services: 3.358 billion shares worth N81.175...

Cardoso Highlights Monetary Policy Priorities For 2026

November 29, (THEWILL) — The governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, has outlined the monetary policy priorities of the apex regulator for 2026, emphasising that there will be no return to governments deficit financing. Cardoso, disclosed this...

Tinubu Sets Up National Tax Policy Implementation Committee To Drive New Fiscal Reforms

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November 28, (THEWILL) — President Bola Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC), a strategic body mandated to coordinate and drive the implementation of the Federal Government’s newly enacted tax laws in line...

Stocks Close Friday’s Session Positive On Broad-Based Gains

November 28, (THEWILL) — The Nigerian equities market closed on Friday on a positive note as Market Capitalisation rose from N91.107 to N91.286, while the All-Share Index (ASI) advanced from 143,239.23 to 143,520.53, reflecting renewed buying interest across...

NBS: Nigeria’s Company Income Tax Shoots Up 38% In Six Months

November 28, (THEWILL) — Nigeria’s company income tax (CIT) revenue rose sharply in the first half of 2025, climbing by 38 percent, compared to the same period last year, according to new data released by the National Bureau...

Dangote Refinery Cuts Nigeria’s Fuel Import Costs by ₦10bn Annually — Official

November 28, (THEWILL) — The Dangote Petroleum Refinery is helping Nigeria save an estimated ₦10 billion annually in fuel import expenses, according to Mr Sunday Esan, Senior General Manager, Corporate Communications at Dangote Industries Ltd. Speaking during a policy dialogue...

Nigeria’s PMI Hits 56.4 in November — Economic Expansion Runs Full Year

November 28, (THEWILL) — According to the latest report from the Central Bank of Nigeria (CBN), Nigeria’s composite Purchasing Managers’ Index (PMI) surged to 56.4 points in November 2025, up from 55.4 in October. This marks 12 consecutive months...

CBN Orders Banks To Halt Misleading Adverts, Warns Against Public Deception

November 28, (THEWILL) — The Central Bank of Nigeria (CBN) has ordered all commercial, merchant, and payment-service banks to immediately withdraw any misleading, exaggerated, or non-compliant advertisements, following a rising number of promotional materials that the regulator says could...

World Bank Urges Nigeria To Reduce Import Tariffs To Curb Inflation

November 27, (THEWILL) — The World Bank has called on the Federal Government of Nigeria to lower high import tariffs and review existing import bans as part of urgent measures to tackle the country’s persistent inflation and ease the...

Edo Govt Denies Revocation Of Presco Plc Land Titles

November 27, (THEWILL) — The Edo State Government has denied claims that it revoked the land titles of Presco Plc, one of Nigeria’s leading agribusiness companies. Multiple sources quoted a senior government official who disclosed that the state only...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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