Business

February 16, (THEWILL) — The Nigerian equities market opened the week on a strongly bullish note, recording a sharp rally across key performance indicators as renewed investor demand pushed prices higher across major sectors. The market capitalisation advanced from ₦117.027...

February 16, (THEWILL) — Foreign Direct Investment (FDI) inflows into the telecom sector rebounded sharply to $208.51 million in the third quarter of 2025, signaling renewed investor confidence in the industry after a period of subdued activity. According to official...

February 16, (THEWILL) — Nigeria’s headline inflation rate declined by 12.51 percentage points year-on-year to 15.1 percent in January 2026, underscoring a sustained moderation in price pressures across the economy, according to the latest Consumer Price Index (CPI) report...

February 16, (THEWILL) — As Nigeria’s banking industry enters the final stretch of the Central Bank of Nigeria’s (CBN) recapitalisation programme, the scale of capital already raised underscores one of the most ambitious balance sheet overhauls in the sector’s...

February 16, (THEWILL) — By early 2026, Nigeria’s manufacturing sector is undergoing a quiet but profound structural shift. After suffering unprecedented foreign exchange (FX)-induced losses in 2024, major manufacturers are re-engineering their operations around locally sourced raw materials in...

Governors of central banks from 12 West African countries, including the Governor of the Central Bank of Nigeria (CBN), are meeting in Monrovia, Liberia, to advance technical and institutional preparations for the launch of the long-awaited Eco regional currency...

February 16, (THEWILL) — Nigeria recorded a great improvement in capital inflows in the third quarter of 2025, with total capital importation rising to US$6.01 billion, the National Bureau of Statistics (NBS) reported on Monday, February 16. The NBS...

February 16, (THEWILL) — The Nigeria Revenue Service (NRS) has clarified that the Nigeria Tax Act 2025 does not impose a 25 per cent tax on building materials, construction funds, or related transactions, dismissing circulating claims as false...

February 16, (THEWILL) — For the first time in over a decade, Nigeria’s food inflation is on the brink of returning to single digits. A milestone last achieved in May 2015. Fresh projections reported by BusinessDay show that food...

February 16, (THEWILL) — Nigeria’s daily petrol import volume slumped by 42.2 percent in January 2026, falling to 24.8 million liters per day from 42.8 million liters per day recorded in December 2025, according to the latest Nigerian...