Business

October 07, (THEWILL) — The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has announced a remarkable rebound in its operations, which has resulted in the facilitation of over N70 billion in commercial financing for agribusiness...

October 07, (THEWILL) — Nigeria’s planned rollout of excise tax stamps on alcoholic and non-alcoholic beverages has drawn opposition from manufacturers, who warn the measure could drive up production costs, worsen inflation, and dampen consumer demand at a...

October 07, (THEWILL) — The World Bank has raised its 2025 growth forecast for Nigeria and Ethiopia to 3.8%, underscoring an improving macroeconomic outlook across Sub-Saharan Africa driven by easing inflation, stabilised currencies, and renewed investor confidence. According to the...

October 07, (THEWILL) — The Central Bank of Nigeria (CBN) has announced new guidelines for Point-of-Sale (POS) agents across the country, introducing a daily transaction limit of N1.2 million as part of efforts to strengthen oversight and standardise operations...

October 06, (THEWILL) — The Nigerian Exchange Limited (NGX) opened the week on a strong note as investors piled into energy and insurance stocks, lifting both the market capitalisation and the All-Share Index (ASI) by 0.84 per cent on...

October 06, (THEWILL) — The Managing Director/Chief Executive Officer of the Nigeria Interbank Settlement System (NIBSS), Premier Oiwoh, has announced plans to eliminate transfer fees on the NIBSS Instant Payment (NIP) platform to accelerate Nigeria’s transition from a cash-heavy...

October 06, (THEWILL) — Vice President Kashim Shettima has warned that Nigeria’s economic future could be in jeopardy if the country continues to undermine or politicise the efforts of indigenous investors, particularly Africa’s richest man, Aliko Dangote. Speaking on Monday...

October 06, (THEWILL) — The shares of First HoldCo Plc rallied 12.3 percent on the Nigerian Exchange (NGX) as of September 30, 2025, setting the tone for another stellar performance in Q3 results, after the impressive record that hit...

October 06, (THEWILL) — The Nigerian Exchange (NGX) recorded a shortened four-day trading week as Wednesday, October 1 was observed as a public holiday. Despite the shorter trading period, activity levels remained elevated, with total turnover of 8.403 billion...

October 06, (THEWILL) — The Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson Sunday, has said that the corporation currently provides full insurance cover for 98.98 percent of Deposit Money Banks’ total deposits. Sunday revealed this at the NDIC Special...