Business

December 22, (THEWILL) — Nigeria’s foreign exchange (FX) reserves have declined by $263 million, bringing to an end a 25-week streak of steady accretion, according to the latest official data. The decline marks the first weekly drawdown after several months...

December 21, (THEWILL) — The renewed vigour by financial technology (fintech) firms to penetrate the nooks and crannies of Nigeria, especially the countryside, has tremendously reconfigured the nation’s payment system. And this has a far-reaching impact on the economy...

December 21, (THEWILL) — The National Pension Commission, PenCom, recorded a significant success in pension compliance by recovering N4.04 billion from defaulting employers between January and November 2025. This represents a 180 per cent increase over the N1.44 billion...

December 21, (THEWILL) — FCMB Group Plc has secured the shareholders’ approval to raise up to N400 billion fresh capital in a bid to beat the Central Bank of Nigeria’s March 31, 2026 deadline for banks reapitalisation. The...

December 21, (THEWILL) — Nigeria’s largest banks have increasingly repositioned their balance sheets toward government securities, with holdings of sovereign instruments rising to N49.152 trillion in the third quarter of 2025. The shift, driven by Nigeria’s elevated interest-rate environment,...

December 21, (THEWILL) — Access Holdings Plc has secured shareholder approval to raise up to N40 billion in fresh equity capital through a private placement.   The lender disclosed this in a corporate filing with the Nigerian Exchange (NGX) on Thursday,...

December 19, (THEWILL) — The Nigerian equities market closed the week on a strong note on Friday, December 19, 2025, with sustained buying pressure lifting key market indicators to fresh highs. Market capitalisation opened at N95.856 trillion and rose...

December 19, (THEWILL) — Air Peace Limited has announced the resumption of daily return flights between Ibadan and Abuja, effective December 24, 2025, in a strategic move aimed at strengthening domestic air connectivity and improving travel convenience. The development...

December 19, (THEWILL) — Tax incentives granted by the Federal Government have attracted investments worth ₦8.7 trillion and created over 58,000 jobs across key sectors of the Nigerian economy in the last eight years, the Nigerian Investment Promotion Commission...

December 19, (THEWILL) — The Central Securities Clearing System Plc (CSCS) has announced the appointment of Mr Shehu Yahaya Shantali as its new Chief Executive Officer, effective January 1, 2026, subject to regulatory no-objection. Shantali succeeds Mr Haruna Jalo-Waziri, who...