Business

November 07, (THEWILL) — Mounting fears over the planned enforcement of Capital Gains Tax (CGT) on share transactions have rattled the Nigerian equities market, triggering a sharp sell-off that has erased about ₦1.8 trillion in market value within just...

November 07, (THEWILL) — Nigerian Exchange Limited (NGX) has reaffirmed its leadership in advancing Africa’s Islamic finance ecosystem through the strategic expansion of its Non-Interest Finance Board and active engagement at the 7th African International Conference on Islamic Finance...

November 06, (THEWILL) — The Nigerian equities market closed lower on Wednesday, November 6, extending its bearish run as investors continued to take profits in major blue-chip and mid-tier stocks. The benchmark All-Share Index (ASI) fell by 0.36 percent,...

November 06, (THEWILL) — The naira sustained its momentum against the United States dollar in the parallel market, closing October at ₦1,427.50 per dollar marking its best monthly performance since January 2025. According to market observers, the local currency’s steady...

November 06, (THEWILL) — The Federal Government has concluded a $2.35 billion Eurobond issuance in the international capital markets, despite recent remarks by United States President, Donald Trump, threatening sanctions and military action over alleged religious violence in the...

November 06, (THEWILL) — The Central Bank of Nigeria (CBN) has announced a sweeping overhaul of the country’s fixed-income market, a move aimed at enhancing transparency, efficiency, and monetary policy transmission, but one that has ignited tensions with market...

November 05, (THEWILL) — The Nigerian stock market recorded losses on Wednesday, with the All Share Index (ASI) and Market Capitalisation closing lower following a session dominated by declines across key sectors. The market capitalisation opened at N96.970 trillion and...

November 04, (THEWILL) — Foreign portfolio investors (FPIs) have injected over ₦1 trillion into Nigerian equities so far in 2025, marking a sharp rebound in offshore participation and signalling renewed confidence in Africa’s largest economy. According to data from the...

November 04, (THEWILL) — Woodhall Capital has announced plans to mobilise $50 billion in investments to support infrastructure, energy, trade, and small business development across Nigeria. The announcement was made at a pre-investor forum at the presidential villa, attended...

November 04, (THEWILL) — In a major move to ease the tax burden on ordinary Nigerians and support small businesses, the Presidential Fiscal Policy and Tax Reforms Committee has announced 50 tax exemptions and reliefs set to take effect...