Business

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...

March 13, (THEWILL) — The Central Bank of Nigeria (CBN) has taken decisive action to protect the stability of the nation’s banking system by directing banks to restrict access to credit and certain financial services for borrowers with large...

March 13, (THEWILL) — Nigeria’s telecommunications operators are increasingly expanding into financial services, but their ambitions to dominate the fintech space are meeting the realities of a highly competitive and tightly regulated market. Over the past few years, major telecom...

March 13, (THEWILL) — Fintech firm, OPay, has reacted to reports suggesting that its offices were shut down by Nigeria’s tax authorities, clarifying that the development relates to a broader regulatory notice affecting multiple operators in the financial technology...

March 13, (THEWILL) — PalmPay has reaffirmed its commitment to gender inclusion in the tech ecosystem with the third edition of its Purple Woman programme, Purple Woman 3.0, to empower young women with digital and technical skills. The initiative focuses...

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...