Business

Access Bank Moves to Support SMEs With New Digital Tool

Access Bank will host its maiden MSME Conference bringing together entrepreneurs, policymakers and technology leaders to explore how artificial intelligence can help small businesses improve productivity. The bank will also unveil the Access SME App, a new digital...

First HoldCo on Course for ₦1tn Annual Profit as H1 Earnings Jump 83.5% to ₦653.5bn

First HoldCo posted a record ₦653.5 billion pre-tax profit in the first half of 2026, driven by stronger fee income, lower impairment charges, and improved operating efficiency. The banking group restored FirstBank's Capital Adequacy Ratio ahead of schedule...

Nigerian Stock Market Gains ₦1.76trn As Banking, Insurance Stocks Drive NGX To Fresh High

Ask ZiVA 728x90 Ads
Investor wealth surged by ₦1.76 trillion as renewed buying in banking, insurance and industrial stocks lifted the NGX All-Share Index to 246,183.96 points, reversing last week’s cautious trading. Custodian, NEM Insurance, BUA Cement and First Holdco topped the...

10 Major Economic Reforms Transforming Nigeria In 2026

July 20, (THEWILL) — Nigeria's economic landscape has changed significantly in 2026. Across banking, taxation, foreign exchange, digital assets, corporate governance and industrial development, regulators have accelerated reforms aimed at strengthening the economy, improving transparency and attracting investment. While some...

The Multi-Billion Naira Tax Trap Strangling Nigerian Businesses From Within

Ex-NACCIMA boss Dele Oye warns that government agency proliferation is crippling business growth and stalling investment. Over 900 federal MDAs are actively competing to inspect, fine, and license local products under overlapping mandates. Revenue agencies extracted N658 billion...

Nigerian Crude Rises as US-Iran Strikes Disrupt Hormuz Shipping

Nigerian crude grades strengthened after renewed US-Iran hostilities heightened fears of supply disruptions through the Strait of Hormuz, a vital global oil shipping route. European refiners are paying stronger premiums for Nigerian crude as Atlantic Basin supplies offer...

First HoldCo on Tear: Shares Soar 46% in Four Days as Investors Chase Banking Giant

First HoldCo has recorded one of the strongest rallies on the Nigerian Exchange this year, surging 46 percent in four consecutive trading sessions before extending its gains to ₦105.50 per share. The remarkable rally has been fuelled by...

Recapitalisation: Analysts Commend FCMB’s Fiscal Turnaround

Say FY2025 Earnings Most Impactful in Company’s Recent History July 20, (THEWILL) — FCMB Group Plc has entered what financial analysts describe as one of the most decisive phases in its corporate history, following a remarkable turnaround in its...

Africa Targets $3bn Investment to Transform Livestock Industry

African governments, development partners and private investors are seeking to mobilise up to $3 billion over the next five years to commercialise the continent's pastoral livestock industry. The initiative aims to connect millions of pastoralists to formal markets,...

Nigeria’s Reform Gains Lift Capital Inflows to $10.37bn, Yet Long-Term Investment Trails

July 20, (THEWILL) — Three years after the Federal Government embarked on Nigeria’s remarkably far-reaching economic reforms in decades, the country’s investment profile is beginning to change. Foreign capital importation surged to $10.37 billion in the first quarter of...