Business

January 07, (THEWILL) — The Chartered Institute of Taxation of Nigeria (CITN) has dismissed reports suggesting that Nigerians’ bank savings are being taxed under the country’s new tax regime, clarifying that only specific electronic transfers attract a ₦50...

January 07, (THEWILL) — Global professional service firm, PricewaterhouseCoopers, PwC, has said Nigeria’s poverty rate may rise sharply to 62 percent by 2026, with about 141 million people expected to be living below the poverty line. The...

January 07, (THEWILL) — Nigeria’s tax-to-GDP ratio is projected to improve in 2026 as ongoing fiscal reforms begin to translate into stronger revenue mobilisation and broader tax compliance. Analysts say recent policy measures including tax administration reforms, digitisation of...

January 07, (THEWILL) — Nigeria attracted nearly $14 billion in foreign capital inflows within the first nine months of 2025, as renewed investor confidence driven by ongoing economic reforms lifted foreign participation above levels recorded in the full...

January 07, (THEWILL) — Ground handling service provider, the Nigerian Aviation Handling Company Plc (nahco aviance), has announced the signing of a chain of contracts with major airlines for the provision of total handling solutions. In an official...

January 07, (THEWILL) — The Budget Office of the Federation (BOF) has declared that the repeal and re-enactment of the 2024 and 2025 Appropriation Acts did not violate the Constitution, dismissing claims of fiscal illegality and lack of...

January 06, (THEWILL) — The Nigerian equities market sustained its bullish momentum on Tuesday, closing higher as strong buying interest across mid-cap and financial stocks drove broad-based gains, despite pockets of profit-taking in select large-cap counters. Market capitalisation rose to...

January 06, (THEWILL) — The Securities and Exchange Commission (SEC) has said it will step up enforcement of market rules in 2026, following the enactment of the Investments and Securities Act (ISA) 2025, aimed at strengthening investor confidence and...

January 06, (THEWILL) — Dangote Petroleum Refinery has dismissed reports suggesting it is shutting down operations for maintenance, describing the claims as false, misleading, and intended to create panic in the downstream petroleum sector. In a statement issued...

January 06, (THEWILL) — Shareholders commit to future injection of more capital to the Group’s other subsidiaries First HoldCo Plc has announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the Central Bank of...