Business

The Nigerian Exchange (NGX) delivered a 47.43 percent return in the first half of 2026, making it Africa's second-best performing major stock market behind only Ghana and outperforming the average return recorded across six leading African exchanges. Strong...

The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, extending its cautious monetary policy stance as inflation continues to moderate and foreign exchange market conditions improve. The Monetary Policy Committee (MPC)...

July 21, (THEWILL) — Nigeria's economy has shown signs of recovery in 2026, with stronger government revenue, rising foreign reserves, improved oil production and continued reforms across several sectors. Yet for many Nigerians, the benefits remain difficult to see in...

Access Bank will host its maiden MSME Conference bringing together entrepreneurs, policymakers and technology leaders to explore how artificial intelligence can help small businesses improve productivity. The bank will also unveil the Access SME App, a new digital...

First HoldCo posted a record ₦653.5 billion pre-tax profit in the first half of 2026, driven by stronger fee income, lower impairment charges, and improved operating efficiency. The banking group restored FirstBank's Capital Adequacy Ratio ahead of schedule...

Investor wealth surged by ₦1.76 trillion as renewed buying in banking, insurance and industrial stocks lifted the NGX All-Share Index to 246,183.96 points, reversing last week’s cautious trading. Custodian, NEM Insurance, BUA Cement and First Holdco topped the...

July 20, (THEWILL) — Nigeria's economic landscape has changed significantly in 2026. Across banking, taxation, foreign exchange, digital assets, corporate governance and industrial development, regulators have accelerated reforms aimed at strengthening the economy, improving transparency and attracting investment. While some...

Ex-NACCIMA boss Dele Oye warns that government agency proliferation is crippling business growth and stalling investment. Over 900 federal MDAs are actively competing to inspect, fine, and license local products under overlapping mandates. Revenue agencies extracted N658 billion...

Nigerian crude grades strengthened after renewed US-Iran hostilities heightened fears of supply disruptions through the Strait of Hormuz, a vital global oil shipping route. European refiners are paying stronger premiums for Nigerian crude as Atlantic Basin supplies offer...

First HoldCo has recorded one of the strongest rallies on the Nigerian Exchange this year, surging 46 percent in four consecutive trading sessions before extending its gains to ₦105.50 per share. The remarkable rally has been fuelled by...