Business

NGX Pension Index Climbs 6,677.28 Points On Tech-Driven Reforms

September 29, (THEWILL) — The Nigerian Exchange (NGX) Pension Index recorded a robust performance in September – hitting 6,677.28 points on Friday, September 26 – a 17.63 points increase from the 6,659.65 the market closed on August 29, 2025....

Job-Less GDP Growth: Agric Imports Climb 28.6% to N1.84trn in Six Quarters

September 28, (THEWILL) — Despite the continued growth of Nigeria’s gross domestic product (GDP) in the last six quarters (Q1 2024 to Q2 2025), when agriculture also recorded significant expansion in real terms, the value of imported agricultural products...

Equities Market Ends Week Slightly Higher Amid Cautious Trading

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September 28, (THEWILL) — The Nigerian equities market closed the week ended Friday, September 26, on a mildly positive note, buoyed by gains in select mid- and small-cap stocks despite a bearish start. The week’s performance reflects cautious optimism among...

Polaris Bank Hosts Global Trade Forum to Boost Exports

September 28, (THEWILL) — Polaris Bank has hosted corporate customers in the non-oil sector at its Global Trade Forum in Lagos. The event was designed to foster stronger stakeholder relationships, address trade-related challenges, and explore innovative solutions to drive business...

Research Commercialization Key to Nigeria’s Economic Growth – NASENI

September 28, (THEWILL) — The Executive Vice Chairman and Chief Executive Officer, National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, has reaffirmed that research commercialization remains central to Nigeria’s economic development. Speaking at the North-Central Sensitization...

DBN Disburses N1.1trn to 700,000 Businesses

September 28, (THEWILL) — The Development Bank of Nigeria (DBN) has disbursed about N1.1 trillion to Micro, Small, and Medium Enterprises (MSMEs) across the country. The Managing Director of the bank, Dr. Tony Okpanachi, disclosed this at the sixth annual...

NDIC, NSIA, NCS, LBS, Hail FICAN’s Resilience in Transforming Finance Journalism

September 28, (THEWILL) — For marking its 35th Anniversary, the Nigeria Deposit Insurance Corporation (NDIC), Nigeria Sovereign Investment Authority (NSIA), Nigeria Customs Service (NCS) and Lagos Business School (LBS), during the weekend joined other stakeholders to commend the Finance...

Glo Renews Sponsorship of Ofala, Outlines Plan to Assume Global Stage 

September 28, (THEWILL) — Globacom, Nigeria's major telecom provider,  has announced the sponsorship of this year’s edition of Ofala Festival, which is being held in Onitsha, Anambra State, in October, 2025. The annual Ofala festival is a customary obligation performed by...

Shareholders Endorse Providus–Unity Business Combination, Boosting Confidence in CBN’s Banking Reforms

September 26, (THEWILL) — Shareholders of Providus Bank and Unity Bank on Friday unanimously approved the proposed business combination of the two financial institutions at a court-ordered Extraordinary General Meeting (EGM). The endorsement by both banks’ boards and shareholders...

Recapitalisation: Otedola Increases Stake In First HoldCo By N2.01bn

September 25, (THEWILL) — Femi Otedola, Chairman and key stakeholder in First HoldCo Plc, has expanded his stake in the company with the acquisition of an additional 64,878,668 shares, valued at N2.01 billion. FBN Holdings disclosed the transaction in two...