Business

January 01, (THEWILL) — Afrinvest, a leading Nigerian investment management firm, has announced the rebranding of its digital investment platform, Optimus by Afrinvest, to PlutusNeo by Afrinvest, marking the next phase of the firm’s digital strategy focused on...

January 01, (THEWILL) — The Federal Inland Revenue Service (FIRS) has unveiled its new institutional brand identity as it officially metamorphosed into the Nigeria Revenue Service (NRS). The development ushers in a new dawn in revenue administration in the country...

December 31, (THEWILL) — Guaranty Trust Holding Company Plc (GTCO) has secured approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to proceed with a private placement of its ordinary shares, subject to...

December 31, (THEWILL) — Savannah Energy PLC, the British independent has announced the intended entry into a relationship agreement with its largest shareholder, NIPCO Plc, a diversified Nigerian energy conglomerate, in connection with NIPCO increasing its shareholding in Savannah. According...

December 31, (THEWILL) — Nigeria’s recent tax reforms created the Nigerian Tax Act (NTA) 2025 which is among the new tax laws with January 1, 2026, as the implementation date. The NTA affected two existing fiscal rules namely, the Stamp...

December 31, (THEWILL) — The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation, Mr Thompson Sunday, has drawn attention to the fact that the Federal Government’s 50 per cent cost-to-income ratio policy is limiting the corporation’s ability to...

December 31, (THEWILL) — The Nigerian equities market closed the final trading session of 2025 on Wednesday, 31st December on a positive note, capping a year of sustained recovery and strong capital inflows into the domestic equities market. Market capitalisation...

December 31, (THEWILL) — The Chief Executive Officer of Sterling, Yemi Odubiyi, has acquired shares in the company valued at N578.1 million, signaling increased confidence in the firm’s long-term prospects. The transaction was executed through an investment company linked to...

December 31, (THEWILL) — As Nigeria prepares to usher in a new era of fiscal reform, the federal government has reassured citizens that the new tax laws, set to take effect on January 1, 2026, will not involve...

December 31, (THEWILL) — The Central Bank of Nigeria (CBN) has projected that Nigeria’s inflation rate will decline to 12.94 percent by 2026, pointing to gradual relief for households and businesses as current economic reforms take hold. The...