Business

November 27, (THEWILL) — Nigeria’s private-sector credit recorded a strong rebound in October 2025, rising to N74.41 trillion from N72.53 trillion in September, an increase of about N1.88 trillion or 2.6 percent, according to the latest data from the...

November 27, (THEWILL) — The Nigerian Exchange (NGX) has introduced a shorter settlement cycle for equity trades, a move that will allow investors to gain access to their funds and shares more quickly. Under the new system, transactions will now...

November 27, (THEWILL) — Sovereign Trust Insurance Plc has announced plans to raise N5 billion via a Rights Issue as part of its broader capitalisation and expansion strategy, following approval from its Board of Directors. The offer, awaiting final clearance...

November 26, (THEWILL) — The Nigerian equities market closed on Wednesday, November 26, 2025, on a mixed note as the All-Share Index (ASI) advanced despite a decline in overall market value. Market capitalisation opened at N91,440,644,361,693.83 and closed lower at...

November 26, (THEWILL) — At the end of the latest meeting of the Monetary Policy Committee (MPC), CBN Governor Olayemi Cardoso announced that 16 Nigerian banks have now met the apex bank’s revised recapitalisation requirements a sign of growing...

November 26, (THEWILL) — The National Bureau of Statistics (NBS) has announced that Nigeria’s Value Added Tax (VAT) collections reached N2.06 trillion in the second quarter of 2025. According to the VAT Q2 2025 Report released in Abuja, this...

November 25, (THEWILL) — The Central Bank of Nigeria (CBN) has mandated that commercial, merchant, and non-interest banks face a minimum penalty of N3 million if they fail to properly verify the status of customers before opening current accounts,...

November 25, (THEWILL) — The Nigerian equities market closed positively on Monday, as renewed demand across select mid- and large-cap stocks supported a mild recovery. Market capitalisation rose from approximately N91.346 trillion to N91.441 trillion, while the All-Share Index...

November 25, (THEWILL) — Farmers across the country are grappling with steep financial setbacks as the cost of key agricultural inputs surged by an average of 41% over the past season, sharply eroding already-thin profit margins. The spike driven by...

November 25, (THEWILL) — The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) at 27 per cent. CBN Governor, Olayemi Cardoso, announced the decision on Tuesday in...