Business

June 29, (THEWILL) — For much of Nigeria’s financial history, merchant banking has quietly played a foundational, though often underestimated role. From trade finance and corporate advisory in the 1960s to today’s strategic intermediation and capital structuring, the journey...

June 23, (THEWILL) – The Nigeria Inter-Bank Settlement System (NIBSS) on June 17, 2025, officially launched the National Payment Stack (NPS), a next-generation payment infrastructure created towards revolutionising the future of payment across the continent.  The initiative comes at...

June 23, (THEWILL) – In the face of Nigeria’s harsh economic realities, individuals, businesses, and entire sectors are seeking more innovative ways to stay afloat and thrive. The economic headwinds, characterised by persistent inflation, foreign exchange instability, and rising operational...

- As Directors’ Fees Climb 194% in 2024 June 22, (THEWILL) – Sterling Financial Holdings Company Plc (SFHC) paid a total of N388 million to settle contravention penalties imposed on it by the regulatory authorities in FY 2024. The figure represents...

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...

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...

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...

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,...

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...

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...