Business

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...

January 04, (THEWILL) — The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson Oludare Sunday, has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA)...

January 04, (THEWILL) — Nigerian equities delivered their strongest performance in nearly two decades in 2025, as policy reforms, improved corporate earnings and renewed investor confidence propelled the NGX All-Share Index (ASI) to a 51.19 per cent gain, positioning...

January 03, (THEWILL) — Rand Merchant Bank (RMB), a subsidiary of the FirstRand Group, has successfully closed a landmark $285 million acquisition financing for BlueCore InfraCo Limited, marking a pivotal moment in Nigeria’s energy infrastructure evolution, RMB said...

January 03, (THEWILL) — The Nigerian equities market closed the week on a positive note, trading for four sessions after the Federal Government declared Thursday, January 1, 2026, a public holiday to mark the New Year celebration. Despite...

January 02, (THEWILL) — Nigeria’s banking sector has recorded a notable rise in non-performing loans (NPLs, with the industry-wide ratio climbing to about 7 percent in 2025, above the 5 percent prudential limit, following the Central Bank of Nigeria’s...