Business

January 19, (THEWILL) — The domestic equities market closed marginally lower on Monday, despite a positive market breadth driven by a higher number of gainers than losers. Market capitalisation opened at N106.353 trillion and eased slightly to close at N106.342...

January 19, (THEWILL) — The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast for 2026 upward to 4.4 per cent, from its earlier projection of 4.2 per cent, signaling increased confidence in the country’s medium-term economic...

January 19, (THEWILL) — First City Monument Bank (FCMB) is pushing towards the N500 billion threshold meant for international banking licences which it aims to achieve within the March 31, 2026 recapitalisation deadline announced by the Central Bank of...

January 19, (THEWILL) — The Nigerian Exchange (NGX) has crossed a historic threshold, cementing its place among the world’s fastest-rising equity markets at the start of 2026. In just the first two weeks of the year, total market capitalisation...

Says digitisation is pulling more youths into the stock market January 19, (THEWILL) — The Group Managing Director of Afrinvest (West Africa) Limited, Dr. Ike Chioke, has explained that the decision to rename the firm’s digital investment platform from Optimus...

January 19, (THEWILL) — The Securities and Exchange Commission (SEC) has clarified that fund and portfolio managers will be required to hold 0.1% of Assets Under Management (AUM) as regulatory capital and not 10% as initially stated in its...

January 19, (THEWILL) — Automated Teller Machine (ATM) transactions in Nigeria rose to ₦36.34 trillion in the first six months of the year, underscoring sustained reliance on cash withdrawals despite the introduction of additional ATM fees. Data from the...

January 19, (THEWILL) — Recent adjustments to Nigeria’s tax incentive framework are driving a wave of corporate restructuring as companies reposition to optimise costs, compliance, and long-term growth, according to market watchers. Businesses across manufacturing, energy, technology, and financial...

January 18, (THEWILL) — The total budgets for Nigeria's 36 states in 2026 have risen by N12 trillion within a year, increasing from N25.03 trillion in 2025 to N37.01 trillion this year, which indicates a rise of 47.8 percent....

January 18, (THEWILL) — The Nigerian equities market closed the week on a positive note, supported by improved trading activity and broad-based gains across most indices. A total turnover of 4.607 billion shares worth N130.636 billion was recorded during...