Business

October 29, (THEWILL) — The Central Bank of Nigeria (CBN) has denied reports that it disbursed $1.259 billion to major oil operators for the importation of refined petroleum products, describing the claims as false and misleading. In a statement...

October 28, (THEWILL) — Foreign investors have reawakened interest in Nigerian equities, with total portfolio inflows crossing N1 trillion between January and September 2025, signalling renewed confidence in the country’s capital market after years of subdued participation. According to data...

October 28, (THEWILL) — United Bank for Africa (UBA) Plc is set to conclude its 2025 UBA Business Series with a focus on helping entrepreneurs and small business owners harness the power of digital marketing to drive growth and...

October 28, (THEWILL) — The Federal High Court in Lagos has ordered the Chief of Naval Staff, the Inspector General of Police, and the Department of State Services (DSS) to enforce a Mareva injunction freezing the assets and bank...

October 27, (THEWILL) — Nigeria’s Access Holdings Plc has confirmed that its subsidiary, Access Bank Plc, expended approximately N179.1 billion (US$109.6 million) for the complete acquisition of the National Bank of Kenya (NBK) from the KCB Group Plc. The deal...

October 27, (THEWILL) — The Nigerian Exchange (NGX) opened the week on a quiet note, closing slightly negative as investors booked profits from recent gains across select large- and mid-cap stocks. Sentiment remained cautious following a week of strong...

October 27, (THEWILL) — Transnational Corporation Plc (Transcorp Group), one of Africa’s foremost listed conglomerates, has reported a robust financial performance for the third quarter of 2025, reflecting its resilience, innovation, and strategic diversification across multiple sectors. According to its...

October 27, (THEWILL) — Currency dealers across Nigeria’s Bureau de Change (BDC) network are facing mounting pressure as the Central Bank of Nigeria (CBN) reduces U.S. dollar allocations — a move that has drained market liquidity and raised...

May Not Pay Dividend for Second Year October 27, (THEWILL) — Nigerian Breweries Plc has posted a profit after tax (PAT) of N85.5 billion for the nine months ended September 30, 2025, sharp rebound from a N149.5 billion loss recorded...

October 27, (THEWILL) — The Central Bank of Nigeria (CBN) says Nigeria’s removal from the Financial Action Task Force (FATF) grey list will enhance investor confidence, ease access to global finance, and strengthen the credibility of the country’s...