Business

February 04, (THEWILL) — Nigeria’s financial markets are set to receive a major liquidity boost of ₦8.61 trillion as Treasury bills (T-bills) and Central Bank of Nigeria (CBN) Open Market Operation (OMO) instruments mature in the coming weeks. The maturities,...

February 04, (THEWILL) — A Tony Elumelu-backed Nigerian fintech startup, Redtech Ltd., is considering raising up to $100 million in fresh capital to accelerate its expansion across Africa, according to media reports. The Lagos-based payments and agency-banking company, plans to...

February 04, (THEWILL) — The Central Bank of Nigeria (CBN) intensified its tight monetary stance in January 2026, withdrawing an estimated ₦15 trillion from the financial system in one of its most aggressive liquidity-sterilisation efforts in recent years, as...

February 04, (THEWILL) — President Bola Ahmed Tinubu has told a high-level World Bank delegation that Nigeria’s economic reforms are irreversible and necessary for long-term growth and stability, underscoring the government’s resolve to stay the course despite initial difficulties...

February 04, (THEWILL) — The World Bank has declared Nigeria’s ongoing economic reforms under President Bola Tinubu as a global reference point for steady and credible leadership, citing the government’s resolve to stay the course despite initial challenges. The commendation...

February 03, (THEWILL) — The Nigerian equities market closed on a positive note on Tuesday, as Market Capitalisation advanced from ₦106.162 to ₦106.494, while the NGX All-Share Index (ASI) rose from 165,384.64 to 165,901.57. Market breadth reflected a tight trading...

February 03, (THEWILL) — Airtel Nigeria has unveiled plans to significantly enhance the country’s digital infrastructure, aiming to expand network capacity, support faster internet speeds, and improve connectivity across urban and rural areas. The initiative comes at a critical...

February 03, (THEWILL) — The Nigerian Economic Summit Group (NESG) has projected that Nigeria’s economy could expand by 5.5 percent in the medium term, driven by reforms, improved macroeconomic stability, and stronger performance across key non-oil sectors. According to the...

February 03, (THEWILL) — The Federal Government has formally handed over the headquarters building of the Africa Energy Bank (AEB) in Abuja, reaffirming its commitment to ensuring the institution commences operations by June. The handover marks a significant milestone in...

February 02, (THEWILL) — The naira strengthened against the United States dollar at the parallel market on Tuesday, appreciating to N1,465/$ amid improved dollar supply and easing demand pressures. Market operators attributed the marginal gain to increased foreign currency...