Business

October 19, (THEWILL) — Despite the highly celebrated tax reform laws recently enacted by the Federal Government, the states and local government councils are not likely to enjoy the benefits that the new system is said to offer. Taiwo Oyedele,...

October 19, (THEWILL) — The Nigerian equities market closed the week on a positive note as investors sustained bullish sentiment across major sectors of the Nigerian Exchange (NGX). The market recorded a total turnover of 2.422 billion shares worth...

October 19, (THEWILL) — Zenith Bank Plc has disclosed plans to expand its operations into Côte d’Ivoire and eight other Francophone African countries, following the successful completion of a N614.65 billion hybrid capital raise. The move marks a strategic push...

October 19, (THEWILL) — Wema Bank Plc has successfully concluded its ₦50 billion special placement offer, strengthening its capital base and surpassing the Central Bank of Nigeria’s (CBN) minimum capital requirement for national commercial banks.   In a statement issued by...

October 19, (THEWILL) — Nigeria’s biggest lenders may be riding high on recapitalisation headlines, but beneath the surface, a silent drain is eroding the very profits that attract investors to the sector. Fresh disclosures from the half-year 2025 financial statements...

October 19, (THEWILL) — No fewer than 578 young entrepreneurs across Nigeria have benefitted from Unity Bank’s Corpreneurship Challenge — the Bank’s flagship entrepreneurial development initiative launched a few years ago.   Over this period, the Bank has invested in supporting...

October 17, (THEWILL) — The Central Bank of Nigeria (CBN) is preparing to relaunch a long-standing plan to allow bilateral trade in local currencies after earlier attempts failed to yield desired results, Olayemi Cardoso has announced. Speaking...

October 17, (THEWILL) — The Nigerian Exchange (NGX) closed the week on a positive note as renewed investor interest in select mid- and large-cap stocks lifted the benchmark index higher on Friday, October 17, 2025. The All-Share Index (ASI) advanced...

October 17, (THEWILL) — Nigeria has been excluded from the International Monetary Fund’s (IMF) latest list of Africa’s fastest-growing economies, despite recent policy reforms and improved growth projections that analysts believed would boost its standing. At a press briefing for...

October 17, (THEWILL) — Nigeria is finalizing plans to issue a $2.3 billion Eurobond before the end of 2025 to refinance part of its external debt and enhance fiscal stability amid tightening global financial conditions. According to senior officials at...