Nigeria to lead G-24 as Wale Edun succeeds Argentina’s Pablo Quirno as chair

The Central Bank of Nigeria (CBN) says Nigeria will take over the chairmanship of the Intergovernmental Group of Twenty-Four (G-24) from Argentina on November 1. In a statement on Wednesday, the apex bank said Nigeria will formally reveal its work...

BOI, Bumpa seal pact to expand MSMEs’ market access

The Bank of Industry (BOI) and Bumpa, a digital platform, have signed a Memorandum of Understanding (MoU) to boost digital market access, e-commerce growth and job creation for youth-owned Micro, Small and Medium Enterprises (MSMEs), aiming to...

Wema Bank concludes capital raise as second tranche of N50b fully subscribed

Wema Bank Plc has received all requisite regulatory approvals for its N50 billion private placement capital raise. The bank said this is in addition to the earlier N150 billion rights issue that was successfully completed in September 2025. The...

Bluebulb named best quality financial solution 2025

Nigeria owned and United Kingdom regulated company powering Africa’s Global payments and treasury management, Bluebulb, has been announced as the winner of the African Sustainability Excellence Award for Best Quality Financial Solution 2025....

Bank champions balanced energy future for Africa

As Africa grapples with deep-rooted energy poverty and mounting climate pressures, financial services provider Standard Bank is positioning itself as a key enabler of a pragmatic just energy transition. For Africa’s largest lender, this does not...

Threads of Change: Nigeria’s Fashion Industry Weaves a Sustainable Future

The Nigerian fashion industry, known for its vibrant colors, bold patterns, and eclectic styles, is poised to take a giant leap towards sustainability. With the launch of a pioneering report on circular fashion, industry leaders are embracing a...

‘AI, digital innovation key to climate-smart finance’

Nigeria’s financial sector is leading innovative solutions to address economic growth and climate resilience through technology-driven approaches, stakeholders have said. They disclosed this at the Stanbic IBTC Sustainable Finance Summit 2.0, held...

Fewer shoppers switch as FMCG market rebounds on consumption, value growth

Nigeria’s fast-moving consumer goods (FMCG) sector is witnessing a notable rebound in 2025, as consumption and value growth return to positive territory following months of economic strain and fluctuating prices. Speaking at the third yearly...

Life After Cancer: How Beiersdorf’s Partnership with BRICON Foundation is Aiding Rehabilitation for Nigeria’s Cancer Survivors

When cancer treatment ends, the real journey begins. For many survivors in Nigeria, the aftermath of cancer treatment can be just as daunting as the diagnosis itself. Financial burdens, emotional trauma, and social isolation can all take a toll on...

Nordic Nigeria Connect plans business forum

Global government leaders, innovators and private sector executives are set to converge at the Nordic Nigeria Connect (NNC) 2025 fourth business forum in Nigeria to spotlight opportunities for collaboration across key sectors, from digital...

Pitstop unveils lifestyle village, boosts Nigeria’s hospitality sector

To redefine Nigeria’s culinary, leisure and hospitality business, Pitstop Restaurant recently unveiled its Lifestyle Village and ‘Phoenix by Pitstop’ restaurant in Ikoyi, Lagos. Attracting key stakeholders in the food and beverage industry, the...

Nigeria Wins Double Honours at 2025 OGP Global Summit, Emerges Global Leader in Digital Governance

Nigeria has once again captured the world’s attention with a landmark achievement in digital governance, securing two major international awards at the 2025 Open Government Partnership (OGP) Global Summit held in Spain. The recognition marks a...

Festac Demolition: Businessman Cries Out as FHA, Task Force Raze ₦500 Million Mansion

Uzoma Mba A Lagos-based civil engineer, Mr. McDonald Ejiofor, is counting his losses after officials of the Federal Housing Authority (FHA), backed by policemen and operatives of the Lagos State Taskforce, demolished his ₦500 million home at 6th...

Outrage as Saudi Arabia announces how many slots Nigeria will get for 2026 Hajj

Saudi Arabia reduced Nigeria’s Hajj quota from 95,000 to 66,910 for 2026, sparking outrage among Muslim faithful and state officials NAHCON confirmed that the cut followed Nigeria’s failure to fully utilise its allocated slots during the 2024 and...

Reviving Northern Economy Through Investment Summits -By Ibrahim Mustapha Pambegua

Northern Nigeria which is being plagued by numerous challenges such as insecurity, poverty and high level of illiteracy will soon find a respite. Although, the region is blessed with abundant fertile arable land suitable for agricultural...

High bank charges, multiple taxes, others squeeze Nigerian businesses – CBN

Nigerian businesses are facing mounting operational costs, with high bank charges, multiple taxation, and poor infrastructure ranking as the top challenges stifling growth in September 2025. This was revealed in the latest Business Expectations...

Polaris Bank reinforces commitment to exceptional customer experience  

Polaris Bank has reaffirmed its commitment to delivering exceptional customer experience through deeper engagement and partnership with its clients. This was demonstrated on Thursday when the Bank hosted a successful Global Trade Forum in Ibadan,...

Equities Market Extends Gains As ASI Rises 0.41% On Renewed Buying Interest

October 16, (THEWILL) — The Nigerian Exchange (NGX) sustained its positive momentum on Thursday, October 16, 2025, as renewed buying interest in select large and mid-cap stocks lifted the market further into the green. The All-Share Index (ASI)...

Nigeria's easing inflation at 18.02% gives MPC wiggle room on rates

In a significant economic development, Nigeria’s headline inflation has decreased to 18.02% as of September, marking the lowest level in over three years. This 210-basis-point decline from 20.12% in the previous month provides the Nigerian...

Nigeria partners Google to train civil servants on AI adoption

The federal government has partnered with Google and Apolitical to launch the ‘Government AI Campus’, a global training initiative designed to equip Nigerian public servants with the skills to harness artificial intelligence (AI) for governance...