Nigeria's external reserves rose to $52.02bn on July 20, marking their highest level since January 2009 and exceeding the Central Bank of Nigeria's projected reserve target for the end of 2026.
The country's reserves have expanded by about...
NNPCL's audited 2024 financial statements have sparked fresh scrutiny after revealing N7.13tn in energy security spending.
The ADC and former Vice President Atiku Abubakar have questioned the spending, arguing that the figures raise fresh concerns over transparency.
Energy...
The House of Representatives has launched an investigation into the human and economic losses suffered by Nigerians in repeated xenophobic attacks in South Africa
Lawmakers also urged stronger diplomatic engagement to safeguard Nigerians in South Africa amid renewed...
PEBEC says reforms have shifted from policy design to execution, with faster approvals, regulatory reforms and digital government services now taking centre stage.
New initiatives, including ReportGov, port reforms and regulatory impact assessments, are aimed at reducing business...
NGX gained ₦307 billion as market capitalisation rose to ₦159.119 trillion, while the All-Share Index advanced 0.19 percent to 246,659.56 points on sustained buying interest.
Market breadth remained positive with 34 gainers against 22 losers, as investors accumulated...
CSCS has declared its first-ever interim dividend of ₦1 per share after delivering a record first-half financial performance
The capital market infrastructure company reported a 115 percent increase in profit before tax to ₦13.21 billion, driven by stronger...
The Nigerian Exchange (NGX) delivered a 47.43 percent return in the first half of 2026, making it Africa's second-best performing major stock market behind only Ghana and outperforming the average return recorded across six leading African exchanges.
Strong...
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, extending its cautious monetary policy stance as inflation continues to moderate and foreign exchange market conditions improve.
The Monetary Policy Committee (MPC)...
July 21, (THEWILL) — Nigeria's economy has shown signs of recovery in 2026, with stronger government revenue, rising foreign reserves, improved oil production and continued reforms across several sectors.
Yet for many Nigerians, the benefits remain difficult to see in...
Access Bank will host its maiden MSME Conference bringing together entrepreneurs, policymakers and technology leaders to explore how artificial intelligence can help small businesses improve productivity.
The bank will also unveil the Access SME App, a new digital...
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.