Business

March 07, (THEWILL) — The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the ongoing banking sector recapitalisation programme is progressing according to schedule, with compliance activities accelerating as the March 31, 2026, deadline approaches. Cardoso...

March 06, (THEWILL) — ​ The Nigerian equities market closed the week with modest gains, as selective buying in key counters offset profit-taking in several mid-cap and blue-chip stocks. The trading session on Friday opened with the Market Capitalisation at...

March 06, (THEWILL) — Union Dicon Salt Plc has said it is taking steps to revive its operations and meet regulatory requirements as it works to avoid being delisted from the Nigerian Exchange Limited (NGX) after years of inactivity. In...

March 06, (THEWILL) — Nigeria’s pension industry has recorded a significant milestone, with total pension fund assets rising to ₦28.04 trillion while the number of contributors under the Retirement Savings Account (RSA) system has exceeded 11 million, according to...

March 05, (THEWILL) — The Nigerian equities market closed on a mildly positive note on Thursday, as the benchmark indicators posted modest gains, although market breadth signalled underlying weakness. Market capitalisation opened the session at ₦126.097 trillion and closed higher...

March 05, (THEWILL) — In January 2026, Nigerian states recorded a significant increase in their share of Value Added Tax (VAT) revenue, receiving a total of about ₦551 billion. This sharp rise followed the implementation of new tax laws...

March 05, (THEWILL) — Global crude oil prices climbed toward $84 per barrel, rising above Nigeria’s 2026 budget benchmark and raising expectations of improved government revenue from oil exports. The rally was driven largely by heightened geopolitical tensions in...

March 05, (THEWILL) — Credit to Nigeria’s private sector declined slightly to N75.24 trillion in January 2026, reflecting a slowdown in lending activities at the start of the year, according to the latest Money and Credit Statistics released...

March 05, (THEWILL) — The Federal Government has announced the commencement of Batch B recruitment for the Youth Economic Intervention and De-Radicalisation Programme (YEIDEP), set to begin nationwide on Monday, March 9. The initiative aims to empower 20...

March 05, (THEWILL) — Recent budget defence sessions at Nigeria’s National Assembly have revealed significant funding challenges affecting several Ministries, Departments and Agencies (MDAs), raising concerns about the government’s ability to implement approved projects. During the defence of the...