Business

FG Unveils Digital Trustmark To Verify Online Businesses, Tackle e-Commerce Fraud

October 10, (THEWILL) — The Federal Government has launched the National Digital Trustmark (NDTM), a new framework designed to authenticate online businesses, protect consumers, and curb the rising cases of e-commerce fraud across Nigeria. The initiative, developed by the...

Equities Market Extends Gains As ASI Rises 0.33% On Renewed Buying Interest

October 09, (THEWILL) — The Nigerian Exchange (NGX) sustained its positive momentum on Thursday, as renewed buying interest lifted the benchmark All-Share Index (ASI) by 0.33 percent to close at 146,203.40 points, from 145,719.09 points recorded in the previous...

NEPZA Places 10-Year Ban On Strikes, Lockouts In Dangote Refinery

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October 09, (THEWILL) — The Nigeria Export Processing Zones Authority (NEPZA) says its law enforces a 10-year ban on industrial strikes and lockouts in the Free Trade Zones. The Managing Director of the Authority, Olufemi Ogunyemi, provided clarification in reaction...

Services, Agriculture Drive Nigeria’s PMI To 54.0 In September

October 09, (THEWILL) — Nigeria’s private sector continued its steady recovery in September 2025, as the Stanbic IBTC Purchasing Managers’ Index (PMI) rose to 54.0, up from 53.7 in August, marking the 10th consecutive month of expansion. The sustained...

World Bank Raises Concerns Over Nigeria’s Rising Revenue Collection Costs

October 09, (THEWILL) — The World Bank has raised fresh concerns over Nigeria’s ballooning cost of revenue collection, warning that the country risks eroding its fiscal efficiency despite recent gains in non-oil revenue mobilisation and digital tax reforms. According to...

CSCS Celebrates Customer Service Week 2025 With Theme Mission Possible

October 09, (THEWILL) — The Central Securities Clearing System Plc (CSCS), Nigeria’s capital market infrastructure, joins the world in celebrating Customer Service Week 2025, themed “Mission: Possible”. The theme underscores the importance of resilience, innovation, and unwavering commitment to...

Banks’ SDF Balances Plunge 42% On CBN’s Aggressive Mop-Up

October 09, (THEWILL) — The Central Bank of Nigeria’s (CBN) intensified liquidity mop-up has caused commercial banks’ placements in its Standing Deposit Facility (SDF) to plunge by 42.3 percent within a week — from N6.07 trillion on October 2,...

World Bank Urges Social Safety Nets As 139m Nigerians Live In Poverty

October 09, (THEWILL) — The World Bank has disclosed that about 139 million Nigerians are still living in poverty despite recent economic reforms by the Federal Government. In its latest report, “From Policy to People: Bringing the Reform Gains Home”,...

Equities Market Extends Gains As ASI, Market Cap Rise 0.50%

October 08, (THEWILL) — The Nigerian Exchange (NGX) sustained its positive momentum on Wednesday, October 8, as key performance indicators closed higher, driven by renewed investor appetite for mid- and large-cap stocks across the industrial, energy, and financial sectors. The...

Access Bank Expands Salary 4 Life Reward Scheme

October 08, (THEWILL) — Access Bank Plc has strengthened its long-running DiamondXtra reward initiative, disbursing over N6.6 billion to customers and expanding the flagship “Salary 4 Life” prize as part of a broader strategy to retain retail depositors...