Business

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...

January 08, (THEWILL) — President Bola Tinubu has urged Nigerians to deepen their investments in the local economy following the Nigerian Exchange’s (NGX) historic attainment of N100 trillion market capitalisation, describing the milestone as a clear indicator of growing...

January 08, (THEWILL) — KPMG has raised concerns over gaps and ambiguities in Nigeria’s newly enacted tax laws, warning that poor clarity and implementation risks could trigger legal disputes and discourage investment. In a recent advisory, the professional services...

January 07, (THEWILL) — The Nigerian equities market closed higher on Wednesday, extending its upward trend as gains in select heavyweight stocks lifted key market indicators, despite a mixed market breadth. Market capitalisation increased to ₦102.684 trillion from an opening...

January 07, (THEWILL) — The Securities and Exchange Commission (SEC) has issued a public warning cautioning investors against doing business with an entity calling itself Voya Investment Management (VIM), saying the firm is not authorised to operate in...

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...