Business

November 18, (THEWILL) — Africa’s labelled-debt market expanded by an estimated $13 billion, propelled largely by the rapid rise of green bond issuances as governments and corporates increasingly turn to sustainable financing to close infrastructure gaps and attract climate-focused...

November 18, (THEWILL) — The Nigerian equities market closed slightly lower today as cautious trading and mild sell pressure across select sectors pulled the broader indices into negative territory. Market capitalisation slipped from N92.328 trillion to N92.218 trillion, while...

November 18, (THEWILL) — The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that the bank’s foreign reserves increased to $46.7 billion as of November 2025, the highest in about eight years, providing Nigeria with...

November 18, (THEWILL) — Nigeria’s inflation rate dropped to 16.1% year-on-year in October 2025, marking the seventh consecutive monthly decline, according to data from the National Bureau of Statistics (NBS). This sharp slowdown came in well below economists’...

November 17, (THEWILL) — Xpress Payment Solutions Limited, one of Nigeria’s leading financial technology companies, has been officially appointed as the Collecting Agent for the Federal Inland Revenue Service under the Treasury Single Account framework. The appointment enables all...

November 17, (THEWILL) — The Nigerian equities market closed negatively today as sustained sell pressure in major large-cap stocks particularly industrial goods pushed the benchmark indicators lower. The NGX All-Share Index (ASI) declined from 145,159.77 points compared to the opening...

November 17, (THEWILL) — The Centre for the Promotion of Private Enterprise (CPPE) has urged the Nigerian government to immediately reinstate the 15 percent import duty on petrol (PMS) and diesel, warning that its suspension jeopardizes the future of...

November 17, (THEWILL) — Dangote Petroleum Refinery has dismissed as false a widely circulating video suggesting that the company has introduced a motorcycle-based fuel delivery service. The company described the footage and accompanying claims as fabricated and not connected...

November 17, (THEWILL) — Standard & Poor’s (S&P) has revised Nigeria’s sovereign credit outlook from “stable” to “positive”, signalling growing confidence in the country’s economy. While Nigeria’s long- and short-term ratings remain at B-/B,(the Long-term and Short-term ratings) upgrade...

November 17, (THEWILL) — The Dangote Petroleum Refinery has dismissed reports suggesting that the recent reduction in petrol pump prices nationwide was influenced by the Federal Government’s suspension of the 15 percent import tariff on fuel. The company, in...