Business

The House of Representatives has launched an investigation into the human and economic losses suffered by Nigerians in repeated xenophobic attacks in South Africa Lawmakers also urged stronger diplomatic engagement to safeguard Nigerians in South Africa amid renewed...

PEBEC says reforms have shifted from policy design to execution, with faster approvals, regulatory reforms and digital government services now taking centre stage. New initiatives, including ReportGov, port reforms and regulatory impact assessments, are aimed at reducing business...

The Central Bank of Nigeria says its decision to revoke the licences of 46 microfinance banks was aimed at protecting depositors and strengthening regulatory compliance across the financial sector. Governor Olayemi Cardoso also assured customers those banks yet...

The Central Bank of Nigeria retained its benchmark interest rate at 26.5%, signalling that the battle against inflation is not yet over despite signs of easing price pressures. Governor Olayemi Cardoso said the MPC remains focused on preserving...

NGX gained ₦307 billion as market capitalisation rose to ₦159.119 trillion, while the All-Share Index advanced 0.19 percent to 246,659.56 points on sustained buying interest. Market breadth remained positive with 34 gainers against 22 losers, as investors accumulated...

Nigeria’s airtime credit market is worth hundreds of billions of naira, with millions of users depending on “borrow airtime” services when they run out of credit. A Federal High Court ruling has now clarified who regulates what in...

CSCS has declared its first-ever interim dividend of ₦1 per share after delivering a record first-half financial performance The capital market infrastructure company reported a 115 percent increase in profit before tax to ₦13.21 billion, driven by stronger...

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...