Business

November 24, (THEWILL) — The Nigerian equities market extended its bearish performance today as sustained cautious sentiment pushed key indicators into the red. The All-Share Index (ASI) dipped from 143,722.62 to 143,614.61, while the market capitalisation declined from about...

November 24, (THEWILL) — Nigeria’s planned ban on sachet and small-volume (under 200 ml) alcoholic drinks, scheduled to be enforced by December 2025, is triggering sharp warnings from business analysts, who predict a liquidity crisis for manufacturers in the alcoholic...

November 24, (THEWILL) — The Federal Government raked in N47.87 billion from digital cash switch fee, otherwise called Electronic Money Transfer Levy (EMTL) in November, 2025, a whopping 217.8 percent rise against N15.06 billion garnered in the equivalent period...

November 24, (THEWILL) — Nigeria’s equity market has entered one of its most explosive phases in recent history, as turnover on the domestic bourse surged to nearly N10 trillion within the first ten months of 2025 —a performance analysts...

November 24, (THEWILL) — The Federal Inland Revenue Service has dismissed allegations by former Vice President Atiku Abubakar claiming that the appointment of Xpress Payments as a payment channel for federal revenue collection was politically motivated. The revenue collection agency...

November 24, (THEWILL) — The Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, has raised fresh alarm over the growing instability in Nigeria’s financial sector, warning that the combined impact of the ‘japa’ syndrome, recapitalisation pressures,...

November 24, (THEWILL) — Markets are bracing for a further interest-rate cut as Nigeria’s Monetary Policy Committee (MPC) convenes for its final meeting of 2025. Inflation appears to be cooling and foreign-exchange liquidity is improving, leading many analysts to...

November 24, (THEWILL) — Nigeria’s fiscal landscape is facing renewed uncertainty as President Bola Tinubu’s administration disrupts the nation’s fragile January–December budget cycle, raising concerns about governance discipline, public-sector planning, and macroeconomic stability. The break in the budget timeline restored...

November 23, (THEWILL) — Recently, the global economy has focused on the Nigeria Inter-Bank Settlement System (NIBSS). This attention stems from the energy and dedication the organisation has shown in promoting the digital payment system across Africa. NIBSS offers the...

November 23, (THEWILL) — Equities market closed the week lower as sustained selling pressure and reduced investor participation dragged major indicators into negative territory. A total turnover of 2.668 billion shares worth ₦106.264 billion was traded last week, representing...