Business

March 16, (THEWILL) — Currency held outside Nigeria’s banking system dropped by about ₦198 billion, reflecting a slight moderation in cash demand and tightening liquidity conditions in the financial system. Latest money and credit statistics released by the Central Bank...

March 16, (THEWILL) — Nigerian manufacturers and other import-dependent businesses are expected to save about $1.4 billion annually following the removal of tariffs on selected Chinese imports, a development aimed at reducing production costs and boosting industrial growth. The tariff...

Stock Records 4.98% Gain on NGX March 15, (THEWILL) — Market operators, investors, analysts, and industry observers have responded to the announcement made by FCMB Group regarding the successful completion of the recapitalisation of its banking subsidiary, First City Monument...

March 15, (THEWILL) — A total turnover of 3.321 billion shares worth ₦164.845 billion was traded this week by investors on the floor of the Nigerian Exchange Group, in contrast to a total of 3.695 billion shares valued at...

March 15, (THEWILL) — The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said the country’s banking sector is now positioned to support the scale of investment required for Nigeria’s economic transformation. According to Cardoso, Nigeria's financial...

March 15, (THEWILL) — Champion Breweries Plc delivered a record financial performance in 2025, reporting strong revenue growth, sharply improved profitability and a significantly expanded balance sheet, following the strategic acquisition of the Bullet beverage brand. The brewer’s audited results...

March 15, (THEWILL) — Shell’s Nigerian deepwater subsidiary has resumed production at the Bonga field, one of sub-Saharan Africa’s most significant offshore oil developments. This is after completing a major maintenance overhaul eleven days ahead of schedule, a result...

March 13, (THEWILL) — President Bola Tinubu, has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce to design and sequence the next phase of structural reforms in Nigeria's petroleum sector. A statement signed on...

March 13, (THEWILL) — Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Thursday said the macroeconomic reforms and policy buffers built over the past two years have placed Nigeria in a stronger position to...

March 13, (THEWILL) — The Nigerian equities market ended the week on a bullish note on Friday, with renewed buying interest across select counters lifting key market indicators. The market cap opened at ₦126.398 trillion and closed at ₦127.360...