Business

February 22, (THEWILL) — The Nigerian equities market recorded another impressive performance last week, extending its bullish momentum as strong liquidity inflows and sustained investor demand pushed key indicators significantly higher. Broad-based buying across major sectors supported price appreciation,...

February 22, (THEWILL) — Following the recently held Court-Ordered Meeting and subsequent overwhelming endorsement, the merger and business combination between Unity Bank Plc and Providus Bank Limited remains firmly on course. Analysts appraising the ongoing recapitalisation programme believe that the...

February 22, (THEWILL) — The Capital Market Academics of Nigeria (CMAN) commends President Bola Ahmed Tinubu for his bold and historic decision to restore 60 percent of the proceeds from profit oil and gas under Production Sharing Contracts (PSCs)...

February 21, (THEWILL) — Nigeria’s combined domestic and external debts rose to N153.29 trillion as of September 30, 2025, representing an increase of N900 billion or 0.59 percent within three months, according to the Debt Management Office (DMO)....

February 20, (THEWILL) — The remittance of the 1% Nigerian Content Development Levy remains mandatory, according to the Nigerian Content Development and Monitoring Board (NCDMB). The Board reaffirmed that all operators, contractors, subcontractors, alliance partners, and other entities involved in...

February 20, (THEWILL) — The Nigerian equities market sustained its upward momentum on Friday, closing the week on a positive note as buying interest across key sectors supported price appreciation and strengthened investor sentiment. The session opened with Market...

February 20, (THEWILL) — The Federal Government has commenced payments for outstanding capital projects under the 2024 budget, signalling renewed commitment to timely project execution and fiscal accountability. Sunday Dare, the Special Adviser on Media and Public Communication to President...

February 20, (THEWILL) — Nigeria’s fixed income and currency market recorded a total turnover of N676.71 trillion on the FMDQ Exchange between January and December 2025, underscoring sustained activity across the country’s debt and foreign exchange segments. The turnover was...

February 20, (THEWILL) —The Authorised Economic Operator (AEO) programme has significantly strengthened Nigeria’s trade ecosystem, contributing an impressive N362.8 billion in additional Customs revenue. Launched by the Nigeria Customs Service (NCS), the AEO programme is designed to enhance trade facilitation,...

February 20, (THEWILL) —The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has warned that the rapid growth of stablecoins and private digital payment platforms could heighten foreign exchange volatility and weaken monetary policy effectiveness in emerging economies. Cardoso...