Business

July 3 (THEWILL) — The Nigerian Exchange (NGX) rebounded strongly on Friday, reversing the previous session’s losses as renewed buying interest across key counters lifted market performance and added ₦3.16 trillion to investors’ wealth. Market capitalisation advanced by 2.19 percent...

July 3 (THEWILL) — The Securities and Exchange Commission (SEC) has granted Approval-in-Principle (AIP) to seven digital asset companies under its Accelerated Regulatory Incubation Programme (ARIP), expanding the number of firms operating within its regulatory sandbox as Nigeria strengthens...

July 3 (THEWILL) — Enactus Nigeria has partnered with key public and private sector organisations to accelerate the commercialisation of locally developed engineering innovations aimed at addressing Nigeria's development challenges. The initiative, anchored on the Nigerian Engineering Olympiad (NEO), seeks...

July 3 (THEWILL) — The Federal Government has increased its domestic borrowing target for the third quarter of 2026 by 241 percent year-on-year, with plans to raise ₦5.8 trillion through Treasury Bills (TBs) to support budget financing. The borrowing programme,...

July 3 (THEWILL) — The Federal Government has called for stronger development finance and greater mobilisation of private capital to support its ambition of growing Nigeria into a $1 trillion economy, saying public funds alone cannot finance the country's...

July 3 (THEWILL) — The Federal Government has inaugurated Nigeria’s largest lithium processing plant, a facility with a daily processing capacity of 6,000 metric tonnes, as part of efforts to deepen local mineral beneficiation and strengthen the country’s industrial...

July 3 (THEWILL) — A forecast by Citigroup that Brent crude could fall to $60 per barrel by the end of 2026 has heightened concerns over Nigeria's fiscal outlook and the sustainability of its budget assumptions. The projection comes as...

July 3 (THEWILL) — Shell Nigeria Exploration and Production Company Limited (SNEPCo) has partnered with nine Nigerian banks to launch a $3 billion contract finance facility for indigenous oil and gas contractors. The financing scheme, unveiled in Lagos on Thursday,...

July 2 (THEWILL) — The Nigerian Exchange (NGX) extended its bearish run on Thursday as sustained profit-taking and weak investor sentiment dragged key market indicators lower, wiping ₦878 billion off investors’ wealth. Market capitalisation declined by 0.61 percent to ₦143.946...

July 2 (THEWILL) — The Central Bank of Nigeria (CBN) plans to raise N5.8 trillion through Treasury Bills (NTBs) between July and September, marking its largest quarterly issuance programme in 2026. The issuance programme, contained in the apex bank's Q3...