Business

2025: Micro-Pension Sees Boost in Fintech Penetration

January 27, (THEWILL) – There are strong indications that the expanding presence of fintech platforms across the country will accelerate Micro-Pension penetration in 2025.  This anticipation hinges on the unusually high rate of expansion by fintech companies into the countryside...

Zenith Bank Raises N350bn Through Hybrid Rights Issue, Public Offer

January 27, (THEWILL) – Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In a statement released to the Nigerian Exchange Group on Sunday, the bank said it has...

Economy: Experts Predict Mixed Outlook, Canvass Robust Investment Windows in 2025

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January 26, (THEWILL) – Prominent economy and finance experts have predicted an admixture of gains and pains as the outcome of recent government policies, while navigating the macroeconomic uncertainties in 2025.  They also seek robust investment channels to harness emerging...

CBN Moves To Strengthen Foreign Exchange Market, Releases FX Code

January 22, (THEWILL) – The Central Bank of Nigeria has approved the release of the Nigerian Foreign Exchange Code. A statement by the apex bank, said the code which will formally be launched next week, will serve as a guideline...

Bitcoin Price Hits Over $109K Ahead Of Trump’s Inauguration

January 20, (THEWILL) – The cryptocurrency has again soared through the mark as Bitcoin price reached a new all-time high of $109,114.88 on Monday, ahead of Donald Trump’s inauguration ceremony as the 47th President of the United States. The...

Agribusiness in Jeopardy amid Surge in Inflation

January 20, (THEWILL) – There are strong indications that the continued rise in Nigeria’s inflation rate is a threat to agribusiness -- key anchor of a struggling economy that is gasping for breath and yearning for diversification. The country...

DBN: Tax Reform Bills, Fintechs to Fast-Track MSMEs Development in 2025

January 19, (THEWILL) – Baring all odds, the drive by the Development Bank of Nigeria (DBB) to grow the micro, small and medium enterprises (MSMEs), will assume an accelerated dimension in 2025.  This anticipation hinges on the prospects of the...

225m Debt: We’ll Meet In Court – FirstBank, GHL Continue Verbal War

January 15, (THEWILL) – The raging war of words between First Bank of Nigeria Limited and General Hydrocarbons Limited (GHL), owners and operators of OML 120, Deep Offshore Nigeria, has continued, even as both parties said they would meet...

New Telecom Tariff: Nigerians Brace for Price Hike As Tax Burden Grows

January 13, (THEWILL) – An inevitable fallout from the recently approved telecommunications (telecom) tariff hike is price increase and additional tax burden it would impose on the people. The federal government last week approved a tariff hike in the telecom...

NIBSS: Infrastructure Transformation Lifts Businesses at Countryside

January 12, (THEWILL) – Unknown to many people, the reinforced commitment by the Nigerian Inter-Bank Settlement System (NIBSS), towards advancing the country’s financial inclusion strategy, played a major role in the business boom that occurred in the rural areas...