Business

November 16, (THEWILL) — The decision of the Central Bank of Nigeria to embark on aggressive interest rate hikes boosted investors’ demand for fixed income instruments in 2024, the President, Association of Issuing Houses of Nigeria, Kemi Awodein, has...

November 16, (THEWILL) — The Nigerian equities market closed the week broadly lower, with the NGX All-Share Index (ASI) dipping by 1.68 percent from 148,781.90 to settle at 147,013.59 points, while the Market Capitalisation declined by 1.58 percent from...

November 16, (THEWILL) — The National Pension Commission (PenCom) has officially extended the deadline for compliance with its revised minimum capital requirements for Licensed Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), granting existing operators an additional six...

November 14, (THEWILL) — The government’s suspension of the proposed 15% petrol tax has triggered widespread debate across political, economic, and civic groups, with stakeholders split over whether the decision offers meaningful relief or poses long-term fiscal risks. The suspension...

November 14, (THEWILL) — The Pension Transitional Arrangement Directorate (PTAD) has disbursed ₦3.9 billion to settle outstanding pension arrears owed to 91,146 retirees under the Federal Government’s Defined Benefit Scheme (DBS), marking another milestone in the ongoing effort to...

November 14, (THEWILL) — Nigeria’s renewed push to raise government revenue through an expanded and more aggressive tax regime is facing mounting criticism from economists, private-sector leaders, and development experts who warn that the current approach could undermine the...

November 13, (THEWILL) — The Nigerian equities market extended its bullish run on Thursday, maintaining positive momentum from the previous session as key performance indicators advanced further. Market capitalisation opened at N92.57 trillion and closed higher at N93.50 trillion, while...

November 13, (THEWILL) — Nigeria’s Inter-Bank Settlement System (NBISS) has emerged as the only African payment system to achieve a mature inclusivity level. This was announced at the launch of the State of Instant Payment Systems (SIIPS) 2025 report in...

November 13, (THEWILL) — President and Chief Executive of the Dangote Group, Aliko Dangote, has paid a courtesy visit to His Excellency, Mr Hakainde Hichilema, President of the Republic of Zambia, reaffirming the Group’s commitment to industrial growth and...

November 13, (THEWILL) — Nigeria’s banking giants have reasserted their dominance on the continent, taking multiple top positions in the latest “300 African Finance Champions” listing by The Africa Report. The list evaluates banks and insurers across Africa based...