Business

June 1 (THEWILL) — The Central Bank of Nigeria (CBN) has launched the Nigeria Payment System Vision (PSV) 2028, an ambitious roadmap aimed at raising financial inclusion to 95 percent of the adult population and strengthening the country’s position...

June 1 (THEWILL) — African fintech unicorn Flutterwave has surpassed one billion transactions and processed more than $40 billion in total payment value since its launch, underscoring its growing role in Africa’s digital payments ecosystem. The milestone was disclosed by...

June 01, (THEWILL) — Workers of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have embarked on an indefinite nationwide strike, shutting down all commission...

June 1 (THEWILL) — FMDQ Group Plc has appointed seasoned financial markets expert, Zeal Akaraiwe, as its new Group Chief Executive Officer, ushering in a new era of leadership at Nigeria’s leading over-the-counter financial market infrastructure group. The appointment follows...

June 1 (THEWILL) — The naira recorded a slight depreciation against the U.S. dollar in May 2026, closing the month at ₦1,372/$ at the official foreign exchange market, according to data from the Central Bank of Nigeria (CBN). The closing...

-Marginalises Host States, Communities June 01 (THEWILL) — Nigeria has achieved a significant milestone in her gas development plan with the successful completion of the River Niger crossing – a technically challenging section of the Obiafu-Obrikom-Oben (OB3) pipeline project, that...

June 1 (THEWILL) — Nigerian banks increased their lending to the Federal Government by ₦15.66 trillion over the past year, highlighting a growing preference for public-sector exposure amid weaker credit growth to businesses and households. According to the Central Bank...

June 1 (THEWILL) — A forensic review of compliance records from NGX Regulation Limited has exposed a deepening structural weakness within Nigeria’s equities market, where large blocks of tightly held insider shares are creating severe liquidity distortions across multiple...

May 31 (THEWILL) — Stanbic-IBTC Group has consistently demonstrated a pattern of numerous regulatory violations over a five-year period, establishing itself as one of the most noncompliant entities with the regulations imposed by various financial services authorities in Nigeria. In...

May 31 (THEWILL) — Wema Bank has introduced three new rewards for children and teens in an effort to instill financial stewardship in those with this age bracket. The initiative was signed off by 10-year-old Chinmamanda Diamond Ozoakpata, who emerged...