Business

March 17, (THEWILL) — Investments in Federal Government of Nigeria (FGN) securities rose by 16.7 percent, pushing total pension fund assets to about ₦28 trillion, according to the National Pension Commission (PenCom). The increase reflects sustained allocation to government instruments,...

March 17, (THEWILL) — Nigeria recorded approximately $96 billion in cryptocurrency and other virtual asset transactions, underscoring the rapid growth of digital finance in the country, according to the Securities and Exchange Commission of Nigeria (SEC). Director-General of the Commission,...

March 16, (THEWILL) — Nigeria’s equities market reached a historic milestone on Monday, as the NGX All‑Share Index climbed above the 200,000-point mark, driven by sustained investor demand and gains across major sectors. The benchmark index advanced by 1.55 percent,...

March 16, (THEWILL) — The Nigerian equities market opened the week on a bullish note on Monday, as strong buying interest in large-cap stocks lifted the benchmark index above the 201,000-point threshold. Market capitalisation rose from ₦127.360 trillion to...

March 16, (THEWILL) — The Federal Government of Nigeria has pledged to support the development of Ethiopia’s emerging capital market by sharing its legal and institutional framework for resolving investment disputes. The Chairman of the Investments and Securities Tribunal (IST),...

March 16, (THEWILL) — First Bank of Nigeria Limited has opened a new mortgage window that allows Nigerians to access up to N100 million in housing loans through the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), a...

March 16, (THEWILL) — Despite a highlighted profit rebound, Nigerian Breweries Plc’s financial statements for 2025 showed that the foremost brewer experienced a shrink of N72.15 billion in its assets value to N1.06 trillion from N1.13 trillion in the...

March 16, (THEWILL) — Zenith Bank Plc has announced the opening of a new branch in Manchester, as part of efforts to strengthen investment flows and deepen financial connections between businesses in the United Kingdom and Nigeria. The official opening...

March 16, (THEWILL) — Nigeria’s telecommunications sector has hit a major milestone, generating about ₦13 trillion in revenue, reflecting rapid growth in digital services, data usage, and mobile connectivity. According to the Nigerian Communications Commission and industry reports, the...

March 16, (THEWILL) — Currency held outside Nigeria’s banking system dropped by about ₦198 billion, reflecting a slight moderation in cash demand and tightening liquidity conditions in the financial system. Latest money and credit statistics released by the Central Bank...