Business

Capital Flows Pick Up as Foreign Investors Return to Nigerian Equities

January 11, (THEWILL) — Foreign investor participation on the Nigerian Exchange (NGX) strengthened in 2025, marking a clear rebound from years of subdued activity, as improving foreign exchange liquidity, strong equity returns, and policy reforms renewed offshore interest in...

KPMG: FG Defends New Tax Laws, Says Reforms Strengthen Fairness, Competitiveness

January 10, (THEWILL) — The Presidential Fiscal Policy and Tax Reforms Committee has defended Nigeria’s newly enacted tax laws, describing them as a bold reform package designed to strengthen fairness, improve competitiveness, and close long-standing loopholes in the...

Anti-Corruption Win As Jersey Moves To Repatriate $9.5m Looted Funds To Nigeria After Court Ruling

Ask ZiVA 728x90 Ads
January 09, (THEWILL) — In a major boost to Nigeria’s anti-corruption drive, the British Crown Dependency of Jersey has commenced the process to repatriate over $9.5 million (£7 million) in looted funds to the Federal Government of Nigeria, following...

Equities Market Rallies As ASI Climbs To 162,298 Points

January 09, (THEWILL) — The Nigerian equities market closed on a strong note on Friday, extending its bullish momentum as sustained buying interest across select stocks lifted key market indicators. Market capitalisation advanced to ₦103.775 trillion from an opening level...

DMO Raises ₦1.14trn At First 2026 Treasury Bills Auction

January 09, (THEWILL) — Nigeria’s Debt Management Office (DMO) raised ₦1.144 trillion at its first Nigerian Treasury Bills (NTB) auction of 2026, reflecting strong investor demand for government securities despite rising interest rates. The auction, held on January 7, 2026,...

PwC Nigeria Appointed System Integrator For National E-Invoicing Rollout

January 09, (THEWILL) — PwC Nigeria has been accredited as a system integrator for Nigeria’s new mandatory e-invoicing system under the Monitoring, Billing and Settlement (MBS) platform, a move aimed at modernising the country’s digital tax administration. The accreditation...

BVN Enrolment Climbs To 67.8 Million As Financial Inclusion Deepens

January 09, (THEWILL) — The number of Bank Verification Number (BVN) enrolments in Nigeria increased by six per cent to 67.8 million in 2025, according to data released by the Nigeria Inter-Bank Settlement System (NIBSS). The latest figure represents a...

NCC, CBN Set To Roll Out Refund Framework For Failed Airtime, Data Transactions

January 08, (THEWILL) — In line with the consumer-focused objectives of the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators have drawn up a framework to address consumer complaints arising from unsuccessful airtime...

UBA Crosses ₦500bn Capital After ₦178.3bn Rights Issue

January 08, (THEWILL) — United Bank for Africa (UBA) has successfully raised ₦178.3 billion through a rights issue, taking its capital base above the ₦500 billion minimum required for Tier 1 banks with international licenses under the current banking...

Equities Market Closes Lower As Sell Pressure Outweighs Gains

January 08, (THEWILL) — The Nigerian equities market closed slightly lower on Thursday, as sustained profit-taking outweighed gains in select stocks, leading to a negative market breadth despite marginal improvements in key indicators. Market capitalisation inched up to ₦102.822 trillion...