Business

November 21, (THEWILL) — The Nigerian equities market closed lower on Thursday, November 20th as persistent sell-offs dragged key indicators further into negative territory. Market capitalisation declined from N92.002 trillion at the opening to N91.710 trillion at the close, while...

November 20, (THEWILL) — Nigeria’s equities market came under intense pressure this week as a wave of sell-offs in banking stocks dragged the broader market lower, pushing key indicators deeper into negative territory. The banking index posted one of its...

November 20, (THEWILL) — The Presidential Fiscal Policy and Tax Reforms Committee, chaired by Taiwo Oyedele, has announced that virtual currencies, including cryptocurrencies, will now be liable to tax under Nigeria’s revised tax system. Speaking at an online lecture...

November 20, (THEWILL) — Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has defended the new Capital Gains Tax (CGT) regime, arguing that it will make Nigeria’s capital market more competitive and investor-friendly. Speaking...

November 20, (THEWILL) — The Federation Account Allocation Committee (FAAC) has shared N2.094 trillion from October 2025 revenues among the three tiers of government: the Federal Government, the 36 states, and the 774 Local Government Councils. According to the FAAC...

November 19, (THEWILL) — The Nigerian equities market closed lower on Wednesday, November 19, 2025, as sustained sell pressure dragged key performance indicators into negative territory. Market Capitalisation opened at N92.218 trillion and slipped to N92.002 trillion, while the All-Share...

November 19, (THEWILL) — Thirteen-year-old Ebunoluwa Seth Oluwatimilehin of Igando Community Senior High School, Lagos, has emerged winner of the 15th UBA Foundation National Essay Competition, becoming the youngest student ever to claim the top prize. Seth, an SS2...

November 19, (THEWILL) — The Federal Government has initiated User Acceptance Testing (UAT) for the National Single Window (NSW) project, a key milestone as the trade‑facilitation platform moves closer to its planned launch in March 2026. During the testing phase,...

November 19, (THEWILL) — Nigeria’s pension fund assets recorded 22.03 percent growth as of the end of the third quarter, rising by more than N4.71 trillion. This is as Pension Fund Administrators deepened their allocation to Federal Government securities,...

November 19, (THEWILL) — Nigeria has achieved crude oil production levels of 1.7 million barrels per day (bpd) multiple times in 2025, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The Commission stated that the improvement reflects a...