Business

March 13, (THEWILL) — Nigeria’s banking sector witnessed a significant surge in excess liquidity this week as commercial banks deposited nearly ₦7 trillion with the Central Bank of Nigeria through its Standing Deposit Facility (SDF). The development highlights the...

March 12, (THEWILL) — The Nigerian equities market closed Thursday’s trading session on a positive note as renewed buying interest lifted key market indicators, reversing the losses recorded in the previous session. At the close of trading, market capitalisation increased...

March 12, (THEWILL) — Nigeria’s electricity distribution companies are under renewed financial pressure after the Nigerian Electricity Regulatory Commission (NERC) directed them to refund ₦20.33 billion to customers who paid for prepaid meters under the Meter Asset Provider (MAP)...

March 12, (THEWILL) — Nigeria’s crude oil production fell to 1.31 million barrels per day (bpd) in February 2026, representing a 10.7 percent decline from January’s 1.45 million bpd, according to the latest figures from the Organisation of...

March 12, (THEWILL) — Fertiliser prices have surged by about 11 percent just weeks before the planting season, raising fresh concerns that food inflation could accelerate in the coming months as farmers grapple with rising production costs. Market surveys show...

March 12, (THEWILL) — The Federal Government of Nigeria has ruled out any plan to regulate petrol prices despite growing concerns over the impact of escalating tensions in the Middle East on global oil markets. The Minister of Finance and...

March 12, (THEWILL) — Global oil prices climbed above the $100-per-barrel threshold after attacks linked to Iran heightened fears of supply disruptions in the Middle East, offsetting efforts by the International Energy Agency (IEA) to stabilise markets through a...

March 11, (THEWILL) — The Nigerian equities market closed Wednesday’s trading session on a negative note as sustained selling pressure across several counters weighed on market performance. At the close of trading, market capitalisation declined from ₦125.857 trillion at the...

March 11, (THEWILL) — Bank of Industry (BoI) and Global Entrepreneurship Network Nigeria (GEN Nigeria) have reaffirmed their commitment to deepening collaboration to expand opportunities for micro, small and medium enterprises (MSMEs) across the country. The renewed partnership was...

March 11, (THEWILL) — Leaders from Nigeria’s financial ecosystem, government, and the private sector gathered in Lagos on Tuesday, March 10, 2026, as the Nigerian Exchange Group (NGX Group) convened stakeholders for the 2026 Ring the Bell for...