Business

MultiChoice Nigeria Enters New Era As Kemi Omotosho Replaces Ugbe

January 13, (THEWILL) — MultiChoice Nigeria, a subsidiary of Canal+ Group, has announced a major leadership transition with the appointment of Kemi Omotosho as its new Chief Executive Officer, following the retirement of long-serving CEO, John Ugbe. In a...

DMO Opens Subscription For January 2026 FGN Savings Bond

January 13, (THEWILL) — The Debt Management Office (DMO) has opened subscriptions for the January 2026 Federal Government of Nigeria (FGN) Savings Bond, in a move aimed at deepening retail participation in the domestic debt market and encouraging...

NBS Moves To Adjust December Inflation Data After Projected Spike

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January 13, (THEWILL) — The National Bureau of Statistics (NBS) has indicated plans to “normalise” Nigeria’s December inflation data to account for seasonal distortions that typically cause a spike in consumer prices at year-end. According to the statistics agency,...

KPMG, NRS Meet To Resolve Concerns Over New Tax Laws

January 13, (THEWILL) — Top executives from global professional services firm, KPMG Nigeria, met with Zacch Adedeji, the Chairman of the Nigeria Revenue Service (NRS), in Abuja on Monday, to address concerns arising from critiques of the country’s...

Equities Market Rallies as ASI Surpasses 163,000 Points

January 12, (THEWILL) — The Nigerian equities market opened the week on a bullish note, as buying interest in select stocks lifted key indicators. Market capitalisation rose to ₦104.520 trillion from an opening level of ₦103.775 trillion, reflecting a gain...

NTAA 2025: FG Moves To Track Crypto Transactions, Curb Tax Evasion

January 12, (THEWILL) — The Federal Government has announced plans to make cryptocurrency transactions traceable under the Nigeria Tax Administration Act (NTAA) 2025. This move is aimed at curbing tax evasion, improving compliance, and strengthening oversight of Nigeria’s digital...

Wema Bank Upgrades ALAT App To Enhance Digital Banking Experience

January 12, (THEWILL) — Wema Bank Plc has rolled out an upgraded version of its ALAT digital banking application as part of efforts to improve customer experience, strengthen service efficiency, and deepen its presence in Nigeria’s competitive digital banking...

First HoldCo Appoints New Board Chairs, Directors Across Non-Commercial Units

January 12, (THEWILL) — First HoldCo Plc has announced new board appointments across its non-commercial banking subsidiaries, as part of measures to strengthen governance, deepen oversight and position the businesses for sustainable growth. In a statement issued by the...

UBA Set for Post-recapitalization Exploits

January 12, (THEWILL) — Africa’s Global Bank, United Bank for Africa (UBA), has successfully exceeded the Central Bank of Nigeria's (CBN) minimum capital requirement of N500 billion, thereby positioning itself favorably for growth and expansion in the post-recapitalisation phase....

Banking Sector Under Scrutiny Ahead of Recapitalization Deadline

January 12, (THEWILL) — As Nigeria’s banking industry races toward a March 2026 regulatory deadline, recapitalisation has moved beyond a box-ticking exercise to become one of the most consequential structural shifts the sector has seen in two decades. What...