Business

Equity Market Records 33% Turnover Decline in Week Ended August 29

September 01, (THEWILL) — The Nigerian Exchange (NGX) equity market closed on a bearish note for the week ended August 29, 2025, amid mixed investor sentiments. Data from the NGX weekly report showed that equity turnover dropped by 32 percent...

Union Bank Completes Merger With Titan Trust

September 01, (THEWILL) — Union Bank of Nigeria, one of the country’s oldest financial institutions, has announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central Bank of Nigeria. In a...

FAAC: EMTL Funds Swell By 181.2% To N37.6bn in July 2025 

Ask ZiVA 728x90 Ads
August 31, (THEWILL) — The Electronic Money Transfer Levy (EMTL) funds climbed to an all-time high of N37.60 billion in July 2025, constituting a 181.2 percent increase, compared with N13.37 billion recorded in July 2024, and a 28.9 percent...

Recapitalisation: GTBank Boosts Capital Base With N365.9bn Injection

August 31, (THEWILL) — Guaranty Trust Holding Company Plc has injected N365.9bn into its banking subsidiary, Guaranty Trust Bank Limited. This is aimed to meet the new minimum capital requirement of N500 billion set by the Central Bank of...

Stakeholders Plan 1st National Conference on STI Communication

August 31, (THEWILL) — Stakeholders in the nation’s science, technology and innovation sector are set to hold the inaugural National Conference on Science, Technology and Innovation Communication (STICOMMSLOC) in collaboration with the African University of Science and Technology (AUST),...

Access Holdings Appoints Innocent Ike As New GMD/CEO

August 28, (THEWILL) — Access Holdings Plc has announced the appointment of Innocent Ike as the substantive Group Managing Director (GMD) and Chief Executive Officer (CEO) of the company. The appointment, which takes effect from August 29, 2025, was...

Roosevelt Ogbonna Steps Down from Access Holdings Board, Retains Role as Bank CEO

August 27, (THEWILL) — Roosevelt Ogbonna has resigned from the Board of Access Holdings Plc as a Non-Executive Director after three and a half years of service in that capacity. Despite the development, Ogbonna will continue as the Managing Director/Chief...

Nigeria Halts Export Of Shea Nuts For Six Months

August 27, (THEWILL) — The Federal Government of Nigeria has announced a six-month ban on export of raw shea nut. Nigeria produces nearly 40 percent of global shea products, but accounts for only one percent of the $6.5 billion...

UBA SuperSavers’ Promo Seeks to Deepen Financial Inclusion, Boost Savings Culture

- Over N150m in Prizes to be won by Customers August 25, (THEWILL) — Africa's Global Bank, United Bank for Africa (UBA) Plc, has officially launched the fifth edition of its Supersavers Promo aimed at reinforcing the bank's commitment towards...

Fintechs on Rampage

- Fintech firms take financial services landscape by storm to erase the culture that made efficiency a luxury August 24, (THEWILL) — In a surprising twist, Nigerian fintech companies have taken the country’s financial services system by storm -- to fill the efficiency...