Business

Equities Market Extends Losing Streak As Investors Sustain Sell Pressure

November 10, (THEWILL) — The Nigerian Exchange (NGX) opened the week on a bearish note as selloffs across key blue-chip stocks dragged the market further into negative territory. The All-Share Index (ASI) dipped by 0.50 percent, closing at 148,781.90 points...

Purchasing Power Slump Undermines Impact Of Falling Food Prices In Abuja

November 10, (THEWILL) — Despite recent declines in food prices across major markets in the Federal Capital Territory (FCT), many households have yet to experience meaningful relief, as stagnant incomes and persistent inflation continue to weaken purchasing power. The News...

Federal Government Unveils N1trn Real Estate Investment For NGX Listing

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November 10, (THEWILL) — The Federal Government has announced plans to list a N1 trillion real estate investment initiative on the Nigerian Exchange (NGX) as part of efforts to deepen the nation’s capital market and unlock new funding channels...

Agbakoba Unveils Plan To Stabilise Naira Through Asset Reforms, Credit Expansion and Mechanised Farming

November 10, (THEWILL) — Constitutional lawyer, Olisa Agbakoba (SAN), has urged the Federal Government to adopt a three-pronged strategy to stabilise the naira and strengthen the economy. In an open letter to the Minister of Finance, Agbakoba noted that the...

Capital Gains Tax: Investors Consider Asset Sell-Off As FG Adjusts Revenue Scope

November 10, (THEWILL) — Nigeria’s planned overhaul of the capital gains tax regime is prompting investors to reassess their portfolios, with a noticeable increase in asset sales as market players move to avoid higher tax liabilities. Under reforms proposed by...

NIBSS’ National Payment Stack Records First Live Transaction

November 10, (THEWILL) — Approximately five months following the launch of the National Payment Stack (NPS) by the Nigeria Inter-Bank Settlement System (NIBSS) in June 2025, this innovative digital payment infrastructure has achieved its inaugural successful transaction – a...

MAGGI Powers Africa’s Culinary Creators with MAGGIVerse 2.0

November 10, (THEWILL) — MAGGI, Nigeria’s leading culinary brand from Nestlé, has reaffirmed its leadership in driving Africa’s creator economy with the successful second edition of the MAGGI Creators Conference, themed “The MAGGIVerse 2.0.” Held from November 1–2, 2025, at...

Nigeria’s New Capital Gains Law Rewrites Investment Playbook for Oil Majors, Private Equity Firms

November 09, (THEWILL) — Nigeria’s sweeping overhaul of its capital gains tax (CGT) regime has redrawn the map for investors, oil giants, and private equity funds eyeing exits in Africa’s biggest economy. The new law, part of the Nigeria Tax...

UPDATED: NIBSS’s National Payment Stack Completes First Successful Transaction

November 09, (THEWILL) — The National Payment Stack (NPS), developed by the Nigeria Inter-Bank Settlement System (NIBSS), has successfully completed its first live transaction at 11:56 a.m. on Friday, November 7, 2025. The National Payment Stack is designed to...

First HoldCo Plc Eyes N30tn Assets on Strong 9M Performance

November 09, (THEWILL) — First HoldCo Plc has reported a robust financial performance for the nine months ending September 30, 2025, moving closer to a N30 trillion balance sheet by the end of the year. This follows the growth...
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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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