Business

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...

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,...