Business

Pension Index Climbs on Technology-backed Reforms, NGX Bullish Trend

June 29, (THEWILL) — The Nigerian Exchange Limited (NGX) saw a positive trend in its Pension Index in June, indicating increasing investor confidence in the technology-backed reforms embarked by the Nigerian Pension Commission (PenCom) with a significant rise in...

New Tax Laws: Boom for Consultants, Amid Enduring Extortions  

June 29, (THEWILL) — President Bola Tinubu on June 26, 2025 signed four new tax laws under a reform aimed at modernising and streamlining the country’s tax system for efficiency and economic growth. A major highlight is the increase in...

Dangote Fertiliser To Be Listed on NGX

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June 29, (THEWILL) — The President/Chief Executive of the Dangote Group, Alhaji Aliko Dangote, has reaffirmed that the Group will soon list the Dangote Fertiliser Limited on the Nigerian Exchange (NGX). He assured shareholders that those investing in Dangote Fertiliser...

Evolution of Merchant Banking in Nigeria: Unlocking Next Frontier in Financial Intermediation

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...

NIBSS’ National Payment Stack (NPS) Boosts Financial Inclusion, AfCFTA

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...

Virtual Accounts: The Future of Business Payments in Nigeria

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...

Sterling Financial Holdings Penalised N.38bn For Regulatory Breaches

- 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...

PenCom Goes Tough on  Defaulters as Funds Assets Hit N23.33trn in Q1 2025

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...

United Capital Asset Management West Africa Limited Launches New Mutual Funds

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...

The Global Sustainability Shift: A Second Chance for Accountants?

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...