Business

May 18, (THEWILL) — Nigeria’s Debt Management Office (DMO) is auctioning ₦600 billion worth of reopened Federal Government bonds today, May 18, 2026, offering investors yields of up to 22.60 percent amid sustained tight monetary conditions in the fixed-income...

May 18, (THEWILL) — Africa’s richest man, Aliko Dangote, has increased the planned investment in his proposed fertiliser plant in Ethiopia to more than $4 billion, nearly doubling the original project estimate and reinforcing his push to expand industrial...

May 18, (THEWILL) — Nigeria’s fixed-income market offered investors some of the highest sovereign returns seen in years during the first quarter of 2026, before the Central Bank of Nigeria’s (CBN) easing cycle triggered a steady decline in yields...

May 18, (THEWILL) — Investment banking and research firm, Chapel Hill Denham, has raised concerns over the Central Bank of Nigeria’s (CBN) banking structure, saying the current framework places Nigerian lenders at a disadvantage, while giving foreign banks and...

May 18, (THEWILL) — Fidelity Bank Plc's shares experienced a significant increase of 20.5 percent (Year-to-Date) on the Nigerian Exchange (NGX) at the conclusion of trading on Friday, May 15, 2026. This highlights the rush among investors for the...

May 18, (THEWILL) — Nigeria’s record-breaking equity rally is masking a structural shift in capital behaviour. Beneath the surge in valuations and a historic run toward 242,000 points on the Nigerian Exchange (NGX), foreign investors are quietly executing a...

May 18, (THEWILL) — The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to refrain from further interest rate hikes, warning that additional monetary tightening could slow economic recovery and deepen...

May 17, (THEWILL) — Nigeria’s oldest financial institution, First Bank of Nigeria, has partnered with global payments giant, Visa, to launch Visa Signature, a premium card product tailored for Nigeria’s affluent and globally mobile customers. The new offering is designed...

May 17, (THEWILL) — Stakeholders in Nigeria’s aviation industry have intensified calls for government incentives and financial relief for ground handling companies, warning that the subsector is facing increasing financial pressure from about ₦9 billion in debts owed by...

May 17, (THEWILL) — The recent declaration by the Nigerian National Petroleum Company Limited (NNPCL) regarding its new agreement with Chinese companies to restore two of the country's long-neglected refineries has raised concerns among stakeholders and the general public. The...