Business

PenCom Goes Tough on  Defaulters as Funds Assets Hit N23.33trn in Q1 2025

June 22, (THEWILL) – It is evident that the National Pension Commission (PenCom) has stepped up  measures to deal with those whose actions sabotage the 21-year-old scheme. The Commission recently said it will blacklist organisations that fail to meet their pension...

United Capital Asset Management West Africa Limited Launches New Mutual Funds

June 22, (THEWILL) – United Capital Plc has officially commenced operations of its latest subsidiary, United Capital Asset Management West Africa Limited (UCAMWAL) with the launch of two CFA franc-denominated mutual funds: the AMWAL Bond Fund and the UCAMWAL...

The Global Sustainability Shift: A Second Chance for Accountants?

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June 22, (THEWILL) – Research and several literatures show that in the 20th century, accountants were seen as the trustees of financial truth. However, a series of devastating corporate scandals eroded public trust and exposed deep flaws in the...

Zenith Bank To Exit CBN’s Regulatory Forbearance By June 30, Assures Shareholders Of Continued Dividend Payout

June 19, (THEWILL) – Zenith Bank Plc, Nigeria’s biggest bank by Tier-1 Capital, has assured shareholders and investors of its readiness to satisfy all relevant conditions to exit the Central Bank of Nigeria’s (CBN) regulatory forbearance by June 30,...

Recapitalisation: CBN Issues Routine Transitional Guidance For Selected Banks

June 18, (THEWILL) – The Central Bank of Nigeria (CBN) has introduced time-bound measures for a small number of banks still completing their transition from the temporary regulatory support provided, mostly in response to the economic impact of...

Manufacturers Walk The Tight Rope Two Years of Naira Devaluation

June 16, (THEWILL) – Manufacturers are nursing their injuries from the hurting devaluation of the naira which happened on June 14, 2023. It was when the Nigerian government abolished the multiple exchange market system following the floating of the...

ETI Tops Nigeria’s Tier-1 Bank Category in New Report

June 15, (THEWILL) – Ecobank Transnational Incorporated (ETI) has emerged as Nigeria’s highest-ranked Tier-1 bank in 2025, thereby disrupting the popular league of “Big Five”, also known as FUGAZ (First Bank, UBA, GTB, Access Bank and Zenith Bank), which...

Despite Trade Surplus, Agric Records Mixed Fortune in Q1 2025

June 15, (THEWILL) – Despite the trade surplus posted in the first quarter (Q1 2025), Nigeria’s agricultural sector recorded  mixed fortunes during the period. A report by the National Bureau of Statistics (NBS) showed that the value of agricultural goods...

NCC, Stakeholders Tackle Rural Connectivity Challenges

June 15, (THEWILL) – The Nigerian Communications Commission (NCC) has collaborated with the Association for Progressive Communications and other institutional stakeholders towards addressing challenges confronting rural network connectivity in Nigeria.      The collaboration resulted in a two-day workshop hosted in Abuja,...

Port Harcourt Refinery: Debunking NNPCL’s Crude, Unrefined Tales

June 08, (THEWILL) – The old Port Harcourt Refinery has been rested – at least, for now. The 60,000 barrels-per-day refining facility is shut for maintenance. Until the exercise is completed, perhaps in another six months, the 60-year-old plant...