Business

February 12, (THEWILL) — Nigeria attracted $21 billion in capital importation between January and October 2025, marking a sharp rise in foreign investment inflows and signalling renewed investor confidence in the economy, the Minister of Industry, Trade and Investment...

February 12, (THEWILL) — Nigeria has maintained its position as Africa’s largest crude oil producer, with output rising to 1.459 million barrels per day (bpd) in January 2026, according to the latest Monthly Oil Market Report (MOMR) released by...

February 11, (THEWILL) — The Nigerian equities market sustained its upward trajectory on Wednesday, posting another solid gain as investors maintained strong buying momentum across key counters. The market Capitalisation on Wednesday opened at N113.496 trillion and closed at N114.377...

February 11, (THEWILL) — To ease liquidity pressure, the Nigeria’s National Pension Commission (PenCom) has raised the allowable investment limits for ordinary shares across key Retirement Savings Account (RSA) fund categories. The adjustment was announced in an addendum...

February 11, (THEWILL) — The Central Bank of Nigeria (CBN) has reopened the foreign exchange (FX) sales window to Bureau De Change (BDC) operators in a renewed effort to narrow the widening gap between the official and parallel market...

February 11, (THEWILL) — The Nigeria Revenue Service (NRS) has set a ₦40.71 trillion revenue target for the 2026 fiscal year, representing a 44% increase over the ₦28.3 trillion it collected in 2025, signalling renewed momentum in the country’s...

February 10, (THEWILL) — The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM) as part of efforts to improve foreign exchange liquidity in the...

February 10, (THEWILL) — The Nigerian equities market extended its bullish run on Tuesday, closing the session firmly higher as strong buying interest drove broad-based gains across the market. The market session for Tuesday opened with the market Capitalisation standing...

February 10, (THEWILL) — The Federal Airports Authority of Nigeria (FAAN) has announced a reduction in cargo port charges at the Murtala Muhammed International Airport (MMIA), Lagos, lowering the fee to ₦15 per kilogram following weeks of negotiations with...

February 10, (THEWILL) — The Central Bank of Nigeria (CBN) has announced that it will hold the 304th meeting of its Monetary Policy Committee (MPC) on Monday and Tuesday, February 23 and 24, 2026. A circular published on its official...