Business

Access Holdings Gets Regulatory Approval To Acquire Majority Stake In ARM Pensions

January 27, (THEWILL) - Access Holdings Plc has disclosed that Access Golf Nigeria Limited, a majority shareholder of Access Pensions Limited and a subsidiary of Access Holdings, has received the necessary regulatory clearances for its proposed acquisition of a...

Opay Embarks On Concrete Improved Security, Services And Empowerment In 2024

January 25, (THEWILL) - Concerned about building confidence in OPay, beyond banking brand, the frontline fintech company, has reinforced its platform’s security system to mitigate fraud and scams to protect customer funds by building a Safe and concrete platform. Director...

NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer Of 2023

January 25, (THEWILL) - NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by the leading financial information and content creation company based on data from the Securities & Exchange...

FIRS Collects Record N12trn in 2023, Targets N19trn in 2024

January 25, (THEWILL) - The Federal Inland Revenue Service (FIRS) collected a record N12.374 trillion as tax revenue for the federation in 2023, surpassing the year’s target of N10.7 trillion. The Chairman of FIRS, Zacch Adedeji, disclosed this...

Cardoso Announces New 5-Year Strategy for CBN

January 24, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has revealed that a new 5-Year Strategy has been launched for the CBN under his leadership. Dr Cardoso, who disclosed this in a keynote address...

Naira Maintains Sliding Trend, Drops to N1,365/$ at Parallel Market

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January 24, (THEWILL) - In a scenario that suggests stiff resistance against the measures aimed at halting the steep depreciation of the naira, the local currency maintained its free fall at the parallel market on Tuesday, January 23,...

Finance Minister To Declare Open FIRS Management Retreat Thursday

January 23, (THEWILL) - Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, will on Thursday, January 25, 2024 declare open a two-day strategic management meeting of the Federal Inland Revenue Service, FIRS. The retreat, scheduled to...

Dangote Cement Becomes First Stock To Reach N10tn Market Capitalisation

January 22, (THEWILL) - Dangote Cement reached N10tn market capitalisation at the close of business on Monday. At the end of trading on Monday, the company's shares gained 9.99% with a share price of N592.60, thus reaching a market cap...

‘FG Not Opposed To Shell’s Assets Sales’

January 21, (THEWILL) - The Federal Ministry of Petroleum Resources said the Nigerian government is not averse to Shell asset sales. Nneamaka Okafor, the special adviser on media and communication to the Minister of State for Petroleum Resources (Oil), Heineken...

Otedola Acquires N6bn Worth Of Dangote Cement Shares

January 21, (THEWILL) - Billionaire businessman, Femi Otedola, has racked up shares worth N6 billion of Dangote Cement Plc in his name, according to market reports. Africa’s large cement maker Dangote Cement recently outpaced telecommunications powerhouse Airtel Africa to become...