Business

AIICO Rewards Shareholders with N4.4bn Dividend, Strengthens Board with New Appointments

June 11, (THEWILL) — Shareholders of AIICO Insurance Plc have approved the payment of a dividend of 12 kobo per share, amounting to N4.4 billion, as the insurer continues to strengthen its governance structure and deliver value to investors. The...

FG Unveils Rev360 Platform To Boost Tax Compliance

June 11, (THEWILL) — The Federal Government, on Wednesday, launched Rev360, a digital tax administration platform designed to improve tax compliance, simplify taxpayer interactions and strengthen revenue collection as part of ongoing reforms to modernise Nigeria’s tax system. The platform...

SKLD Integrated Services Limited Quotes ₦7.30bn Commercial Papers On FMDQ Exchange

Ask ZiVA 728x90 Ads
June 11, (THEWILL) — In continued demonstration of its unwavering commitment to deepening the Nigerian capital markets, FMDQ Securities Exchange Limited has approved the quotation of SKLD Integrated Services Limited’s ₦0.86 billion Series 1 and ₦6.44 billion Series 2...

UBA Wins 2026 ‘Banker Technology’ Award For AI innovation, Launches Upgraded App

June 10, (THEWILL) — United Bank for Africa (UBA) Plc, has been named the winner of the African category at the 2026 Banker Technology Awards, recognised for its innovations in digital payments, e-business, and the use of artificial intelligence...

Tokenisation Set To Redefine Global Finance – Roqqu CEO

June 10, (THEWILL) — Benjamin Onomor, the Chief Executive Officer of Roqqu, has described tokenisation as the next frontier of global finance, highlighting its potential to expand access to investment opportunities and transform the way financial markets operate. Onomor made...

Airtel Launches Data Usage Calculator as Telecom Industry Pushes Transparency

June 10 (THEWILL) — Airtel Nigeria has unveiled a new digital tool, the Airtel Web Data Calculator, designed to help subscribers better understand and estimate their internet consumption based on everyday online activities. The initiative, announced in a statement signed...

IMF Pushes Nigeria to Regulate Stablecoins as Crypto Adoption Accelerates

June 10 (THEWILL) — The International Monetary Fund (IMF) has urged Nigeria to bring stablecoins and other crypto-asset activities under formal regulatory oversight, warning that the rapid growth of digital assets could pose risks to financial stability if left...

FG Unveils $1bn AfCFTA Fund to Boost Nigerian Exporters

June 10 (THEWILL) — The Federal Government has unveiled opportunities for Nigerian businesses to access a $1bn African Continental Free Trade Area (AfCFTA) Adjustment Fund Credit Facility, as part of efforts to strengthen exports, improve competitiveness and expand trade...

IMF: Nigeria’s Foreign Debt to Rise to $72.6bn by 2027 Amid Election-Year Spending Pressures

June 10 (THEWILL) — Nigeria’s public external debt is projected to increase by $20.7bn to $72.6bn by 2027, according to the International Monetary Fund, raising concerns about the country’s debt sustainability despite recent macroeconomic reforms. The projection was contained in...

Improved FX Liquidity Keeps Naira Steady, Trades ₦1,360.55/$ in NFEM, Parallel Rate Hovers Below ₦1,400/$

June 10 (THEWILL) — Improved foreign exchange liquidity helped keep the naira largely stable against the United States dollar on Wednesday, with the local currency trading at ₦1,360.55/$ in the Nigerian Foreign Exchange Market (NFEM), while the parallel market...