Business

October 29, (THEWILL) — The Nigerian Exchange (NGX) closed in the red on Wednesday, October 29, as renewed sell pressure across key sectors dragged the benchmark All-Share Index (ASI) down by 0.7 percent, settling at 154,260.96 points from 155,353.20...

October 29, (THEWILL) — The Federal High Court in Lagos has adjourned the hearing in the N100 billion lawsuit filed by Dangote Petroleum Refinery against the Nigerian National Petroleum Company Limited (NNPCL) and several major oil marketers to November...

October 29, (THEWILL) — Commodity prices are projected to fall to their lowest level in six years by 2026, marking the fourth straight year of decline, the World Bank Group said in its latest Commodity Markets Outlook. According to the...

October 29, (THEWILL) — Despite renewed optimism about Nigeria’s economic outlook heading into the fourth quarter of 2025, the country’s manufacturing sector continues to face steep challenges. Persistent inflation, rising production costs, foreign exchange instability, and weak consumer demand...

October 29, (THEWILL) — The Central Bank of Nigeria (CBN) has denied reports that it disbursed $1.259 billion to major oil operators for the importation of refined petroleum products, describing the claims as false and misleading. In a statement...

October 28, (THEWILL) — Foreign investors have reawakened interest in Nigerian equities, with total portfolio inflows crossing N1 trillion between January and September 2025, signalling renewed confidence in the country’s capital market after years of subdued participation. According to data...

October 28, (THEWILL) — United Bank for Africa (UBA) Plc is set to conclude its 2025 UBA Business Series with a focus on helping entrepreneurs and small business owners harness the power of digital marketing to drive growth and...

October 28, (THEWILL) — The Federal High Court in Lagos has ordered the Chief of Naval Staff, the Inspector General of Police, and the Department of State Services (DSS) to enforce a Mareva injunction freezing the assets and bank...

October 27, (THEWILL) — Nigeria’s Access Holdings Plc has confirmed that its subsidiary, Access Bank Plc, expended approximately N179.1 billion (US$109.6 million) for the complete acquisition of the National Bank of Kenya (NBK) from the KCB Group Plc. The deal...

October 27, (THEWILL) — The Nigerian Exchange (NGX) opened the week on a quiet note, closing slightly negative as investors booked profits from recent gains across select large- and mid-cap stocks. Sentiment remained cautious following a week of strong...