Business

October 03, (THEWILL) — Ellah Lakes Plc has announced an agreement to acquire Agro-Allied Resources & Processing Nigeria Limited (ARPN) from ARPN PTE Ltd, Singapore. Tolaram Africa PTE Ltd and Valuestar Holdings PTE Ltd jointly own ARPN PTE....

October 02, (THEWILL) — The Nigerian stock market sustained its positive trajectory on Thursday, October 2, 2025, closing the session on a firmer note as investors rotated into select mid- and large-cap counters. The All-Share Index (ASI) advanced from...

October 02, (THEWILL) — In a strategic move to deepen transparency and efficiency in Nigeria’s financial ecosystem, the Central Bank of Nigeria (CBN) has announced a phased operational overhaul of the Nigerian Fixed Income Market commencing from the third...

October 02, (THEWILL) —The naira, on Thursday, October 2, 2025, recorded an improvement against the United States dollar in the parallel market, with traders quoting a buying rate of N1,435 and a selling rate of N1,453 as of 3:35...

September 30, (THEWILL) — The Nigerian equities market opened on Tuesday, September 30, with the NGX ASI standing at 142,377.56 points and appreciated by 0.23% to 142,710.48 points. The market capitalisation opened at 90.1 trillion, appreciated by 0.52% and...

September 30, (THEWILL) — President Bola Tinubu on Monday held a high-level investment meeting in Lagos with two globally renowned Nigerian financiers, Hakeem Belo-Osagie and Bayo Ogunlesi. Belo-Osagie is Chairman of Metis Capital Partners and a Senior Lecturer at Harvard...

September 30, (THEWILL) — The Federal Government has introduced a new rule clarifying the application of Capital Gains Tax (CGT) on share disposals, aimed at discouraging capital flight from equities into fixed-income assets. Under the rule, a 25% CGT will...

September 30, (THEWILL) — The Federal Government’s marathon meeting with Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) ended in a deadlock late Monday, after nearly nine hours of negotiations. The closed-door session, which...

September 29, (THEWILL) — The Nigerian equities market closed on a positive note on Monday, with the benchmark All-Share Index (ASI) recording a slight increase of 0.17%. The ASI opened at 142,133.00 points and closed at 142,377.54, reflecting a...

September 29, (THEWILL) — Ten Nigeria’s quoted companies, all in the consumer goods sector, recorded an aggregate of  N50.3billion in the first-half of the year (H1 2025) against the massive loss they experienced in the corresponding period of 2024. The...