Business

January 06, (THEWILL) — The government has unveiled a new Tax Act aimed at boosting local manufacturing by offering a range of incentives designed to attract investment, create jobs, and reduce reliance on imported goods. Under the new law,...

January 05, (THEWILL) — The Nigerian equities market delivered a powerful bullish performance on Monday, posting one of its strongest single-day returns in recent sessions as aggressive buying pressure swept across the market. Investors drove prices higher across sectors,...

January 05, (THEWILL) — Flutterwave, Africa’s largest fintech company, has expanded its infrastructure by acquiring Nigerian open banking startup Mono in an all-stock transaction valued between $25 million and $40 million. The move is designed to strengthen Flutterwave’s...

January 05, (THEWILL) — The substantial increase in electronic payment transactions, driven by significant holiday expenditures and the expansion of fintech services, is expected to elevate stamp duty revenue to unprecedented heights in 2026. Recently, Nigeria's digital banking and...

January 05, (THEWILL) — Nigeria’s equity market delivered impressive headline gains in 2025, but the story beneath the surface was far more uneven. Alongside soaring large-cap valuations, a significant group of listed companies experienced prolonged stagnation in prices, volumes,...

January 05, (THEWILL) — The Central Bank of Nigeria (CBN) has prioritised banking system stability, tighter fintech regulation, inflation control, and payments infrastructure modernisation as key pillars of its 2026 reform agenda. This is according to a statement issued...

January 05, (THEWILL) — The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s ongoing tax reform drive could undermine the informal sector if it is not carefully designed and properly sequenced. This is according to...

January 05, (THEWILL) — Nigeria plans to establish a central investor desk to attract more domestic and foreign capital as part of efforts to boost economic growth and restore investor confidence. The desk, to be housed in the Federal...

January 04, (THEWILL) — Nigeria's newly implemented tax laws, effective from January 1, 2026, provide considerable relief to low-income earners and small businesses, which is their primary feature. This new framework reorganises personal income tax brackets to align with...

January 04, (THEWILL) — FirstBank, the commercial banking arm of First HoldCo Plc, has met the ₦500 billion minimum capital base required by the Central Bank of Nigeria (CBN) for an international banking licence. This is coming ahead of...