Business

October 17, (THEWILL) — The Central Bank of Nigeria (CBN) is preparing to relaunch a long-standing plan to allow bilateral trade in local currencies after earlier attempts failed to yield desired results, Olayemi Cardoso has announced. Speaking...

October 17, (THEWILL) — The Nigerian Exchange (NGX) closed the week on a positive note as renewed investor interest in select mid- and large-cap stocks lifted the benchmark index higher on Friday, October 17, 2025. The All-Share Index (ASI) advanced...

October 17, (THEWILL) — Nigeria has been excluded from the International Monetary Fund’s (IMF) latest list of Africa’s fastest-growing economies, despite recent policy reforms and improved growth projections that analysts believed would boost its standing. At a press briefing for...

October 17, (THEWILL) — Nigeria is finalizing plans to issue a $2.3 billion Eurobond before the end of 2025 to refinance part of its external debt and enhance fiscal stability amid tightening global financial conditions. According to senior officials at...

October 16, (THEWILL) — The Nigerian Exchange (NGX) sustained its positive momentum on Thursday, October 16, 2025, as renewed buying interest in select large and mid-cap stocks lifted the market further into the green. The All-Share Index (ASI) rose by...

October 15, (THEWILL) — The International Monetary Fund (IMF) has raised a fresh alarm about the trajectory of global public debt, projecting that aggregate government borrowing will exceed 100% of world GDP by 2029 — the highest level since...

October 15, (THEWILL) — The International Monetary Fund (IMF) has raised Nigeria’s economic growth outlook, projecting a 3.9 percent expansion in 2025 and 4.2 percent in 2026, an upward revision from its July forecast of 3.4 percent. The new projections...

October 14, (THEWILL) — The Nigerian equities market closed marginally lower on Tuesday, October 14, extending its cautious start to the week as investors continued to take profits in bellwether stocks. The market capitalisation dipped slightly from (N93,760,552,885,650.41) to...

October 14, (THEWILL) — Nigeria’s foremost banker and philanthropist, Tony Elumelu, has said Africa’s sustainable development will only come from investment and shared prosperity, not dependency on foreign aid. Elumelu, who chairs Heirs Holdings and the United Bank for...

October 14, (THEWILL) — Zenith Bank Plc has reaffirmed its dominance in Nigeria’s financial sector with a ₦51.3bn interim dividend payout for the first half of 2025 — a move that signals resilience in a year marked by tighter...