Business

December 04, (THEWILL) — The Federal Government has unveiled key macroeconomic assumptions that will guide the preparation of the 2026 national budget, signalling its fiscal outlook for the year ahead. According to the approved parameters, the government is projecting: Oil...

December 04, (THEWILL) — The Federal Executive Council’s (FEC) approval of the 2026-2028 Medium-Term Expenditure Framework (MTEF), with projected revenue of ₦34.33 trillion, provides an important macro-fiscal signal for Nigeria’s capital markets going into 2026. The MTEF, which outlines...

December 03, (THEWILL) — The Nigerian equity market closed positively today as sustained buying interest across several large and mid-cap counters lifted both the Market Capitalisation and the All-Share Index (ASI). Market Capitalisation opened at N92.376 trillion and closed higher...

December 03, (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB) has announced a $3 million cap on the amount any local oil and gas company can access from its newly established $100 million equity investment scheme. The limit,...

December 03, (THEWILL) — Nigerian investors will now enjoy full capital gains tax (CGT) relief when they reinvest proceeds from the sale of shares, following the implementation of updated tax rules aimed at boosting participation in the capital market. Under...

December 03, (THEWILL) — Input cost inflation in Nigeria eased to its lowest level in five years in the latest assessment of business conditions, according to a new report released this week. The slowdown signals a moderation in the...

December 03, (THEWILL) — The Central Bank of Nigeria (CBN) has announced sweeping changes to the country’s cash-handling regulations, removing the limit on cash deposits and raising the cumulative weekly cash withdrawal limit across all channels for individuals from...

December 02, (THEWILL) — Presco Plc has announced the successful attraction of a $100 million Foreign Direct Investment (FDI) aimed at accelerating the company’s expansion plans and strengthening Nigeria’s agro-industrial value chain. The investment described as a significant vote of...

December 02, (THEWILL) — The Nigerian equities market closed on a mixed note today as the All-Share Index (ASI) dipped despite an improvement in overall market capitalisation. Market Capitalisation opened at N91.089, and closed higher at N92.376, reflecting renewed interest...

December 02, (THEWILL) — The Centre for Economic Accountability and Rescue (CEAR) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd.) for posting an impressive N5.4 trillion profit for 2024, describing it as one of the clearest indicators...