Business

November 23, (THEWILL) — The Securities and Exchange Commission (SEC) has announced that Nigeria’s capital market will officially transition to a T+2 settlement cycle for equities transactions from Friday, November 28, 2025. The reform, aimed at aligning Nigeria with global...

November 23, (THEWILL) — Seven Nigerian insurance companies show mixed dividend prospects for the full-year of 2025, based on their nine months results as of September 30, 2025, THEWILL investigation has shown. The surveyed insurers with complete financial data include...

November 23, (THEWILL) — Nigeria’s Debt Management Office (DMO) will on Monday, November 24, 2025, seek to raise between N400 billion and N500 billion through the reopening of two benchmark Federal Government of Nigeria (FGN) bonds, representing a significant...

November 23, (THEWILL) — The Director General, National Pension Commission (PenCom), Ms. Omolola Oloworaran, has said that the country’s pension assets under the Contributory Pension Scheme (CPS) valued at over N26 trillion is currently fueling economic development.   She said the...

November 21, (THEWILL) — Bitcoin extended its downward trajectory on Wednesday, slipping toward the mid-$80,000 region as long-inactive wallets moved substantial volumes of BTC onto exchanges, amplifying market-wide selling pressure. On-chain data shows that several dormant wallets, some inactive for...

November 21, (THEWILL) — Nigeria’s mutual fund industry has recorded a 96.9 percent surge in total assets under management (AUM), as tightening monetary policy continues to push investors toward safer, yield-driven investment vehicles. The sharp rise reflects a major shift...

November 21, (THEWILL) — The Nigerian equities market closed lower on Thursday, November 20th as persistent sell-offs dragged key indicators further into negative territory. Market capitalisation declined from N92.002 trillion at the opening to N91.710 trillion at the close, while...

November 20, (THEWILL) — Nigeria’s equities market came under intense pressure this week as a wave of sell-offs in banking stocks dragged the broader market lower, pushing key indicators deeper into negative territory. The banking index posted one of its...

November 20, (THEWILL) — The Presidential Fiscal Policy and Tax Reforms Committee, chaired by Taiwo Oyedele, has announced that virtual currencies, including cryptocurrencies, will now be liable to tax under Nigeria’s revised tax system. Speaking at an online lecture...

November 20, (THEWILL) — Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has defended the new Capital Gains Tax (CGT) regime, arguing that it will make Nigeria’s capital market more competitive and investor-friendly. Speaking...