Business

May 18, (THEWILL) — The Nigerian equities market opened the week on a marginally bearish note as mild profit-taking activity dragged key performance indicators lower on the Nigerian Exchange Limited. Market capitalisation declined slightly from ₦160.443 trillion to ₦160.362 trillion,...

May 18, (THEWILL) — The Nigerian Exchange Group has strengthened its investor education campaign with a new digital engagement initiative aimed at improving financial literacy and expanding retail participation in Nigeria’s capital market. As part of the effort, the Group...

May 18, (THEWILL) — Nigeria’s Debt Management Office (DMO) is auctioning ₦600 billion worth of reopened Federal Government bonds today, May 18, 2026, offering investors yields of up to 22.60 percent amid sustained tight monetary conditions in the fixed-income...

May 18, (THEWILL) — Africa’s richest man, Aliko Dangote, has increased the planned investment in his proposed fertiliser plant in Ethiopia to more than $4 billion, nearly doubling the original project estimate and reinforcing his push to expand industrial...

May 18, (THEWILL) — Nigeria’s fixed-income market offered investors some of the highest sovereign returns seen in years during the first quarter of 2026, before the Central Bank of Nigeria’s (CBN) easing cycle triggered a steady decline in yields...

May 18, (THEWILL) — Investment banking and research firm, Chapel Hill Denham, has raised concerns over the Central Bank of Nigeria’s (CBN) banking structure, saying the current framework places Nigerian lenders at a disadvantage, while giving foreign banks and...

May 18, (THEWILL) — Fidelity Bank Plc's shares experienced a significant increase of 20.5 percent (Year-to-Date) on the Nigerian Exchange (NGX) at the conclusion of trading on Friday, May 15, 2026. This highlights the rush among investors for the...

May 18, (THEWILL) — Nigeria’s record-breaking equity rally is masking a structural shift in capital behaviour. Beneath the surge in valuations and a historic run toward 242,000 points on the Nigerian Exchange (NGX), foreign investors are quietly executing a...

May 18, (THEWILL) — The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to refrain from further interest rate hikes, warning that additional monetary tightening could slow economic recovery and deepen...

May 17, (THEWILL) — Nigeria’s oldest financial institution, First Bank of Nigeria, has partnered with global payments giant, Visa, to launch Visa Signature, a premium card product tailored for Nigeria’s affluent and globally mobile customers. The new offering is designed...