Business

December 02, (THEWILL) — Nigeria’s economy expanded by 3.98 percent in the third quarter of 2025, supported largely by stronger-than-expected performance in the agricultural and industrial sectors, according to newly released data from the National Bureau of Statistics...

December 02, (THEWILL) — The naira weakened to N1,446 per US dollar at the official market in November, closing the month lower despite the Central Bank of Nigeria’s (CBN) continued monetary tightening aimed at stabilising the foreign-exchange market. The latest...

December 01, (THEWILL) — The Nigerian equities market extended its bearish performance as broad sell pressure pushed major indices lower. Market Capitalisation declined from N91.286, at the opening to N91.089 at the close. Likewise, the All-Share Index fell from...

December 01, (THEWILL) — The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has announced the opening of subscriptions for the latest tranche of the Federal Government of Nigeria (FGN) Savings Bond, offering retail investors...

December 01, (THEWILL) — Nigeria’s latest audit has revealed that the Central Bank of Nigeria (CBN) failed to recover N629.04 billion loaned out under the Anchor Borrowers’ Programme (ABP), raising serious concerns about transparency, accountability, and the sustainability of...

December 01, (THEWILL) — Guinea Insurance Plc recorded a massive post-tax profit decline of 93.2 percent in the nine months of the year. According to its interim Q3 2025 report filed with the Nigerian Exchange (NGX), the profit after...

December 01, (THEWILL) — Nigeria’s total public debt stock rose to N152.39 trillion in the second quarter of 2025, driven largely by an uptick in domestic borrowing, according to figures published on Monday by the National Bureau of Statistics...

December 01, (THEWILL) — First HoldCo, chaired by billionaire investor, Femi Otedola, has finalised the divestment of its entire stake in FBNQuest Merchant Bank to EverQuest Acquisition LLP, a consortium comprising Custodian Investments, Aion Investments and Evercorp Industries. The sale,...

December 01, (THEWILL) — Ellah Lakes Plc has launched a N235 billion public offer as the agribusiness firm pushes to deepen its transition into a fully integrated agricultural and processing company. Approved by the Securities and Exchange Commission...

December 01, (THEWILL) — The Nigerian equity market closed November on a weak note as the NGX All-Share Index (ASI) posted its worst monthly performance of 2025, falling by 6.88% to close at 143,520.53 points, down from 154,126.46 at...