Business

The Nigeria Revenue Service has given companies with an annual turnover of ₦5 billion and above until July 31 to fully adopt its national e-invoicing platform or risk regulatory sanctions. The agency says it has already begun monitoring...

July 19, (THEWILL) — Despite the tax reform framework in Nigeria and the associated laws, the initiative has not delivered the expected relief to the business environment, consequently compromising the operational landscape to the detriment of logistics and courier...

July 19, (THEWILL) — Nigeria’s equities market closed the week on a mixed note as sustained buying interest in banking stocks lifted market capitalisation, while the benchmark index posted a marginal decline amid profit-taking in selected industrial and consumer...

July 19, (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB), Heritage Energy Operational Services (HEOS), and DBN Energies on Wednesday in Port Harcourt graduated 14 young engineers and geologists under the Nigerian Content Human Capital Development (NC-HCD)...

July 19, (THEWILL) — HBM Nigeria Plc, formerly Lafarge Africa Plc, says its transition to a new corporate identity marks a new phase in its growth journey and strengthens its commitment to long-term competitiveness and advancement of Nigeria’s infrastructure....

July 19, (THEWILL) — The Central Bank of Nigeria's decision to revoke the licences of 46 microfinance banks represents more than another round of regulatory enforcement. It signals a structural shift within Nigeria's financial system, where smaller community lenders...

NGX added ₦849 billion as sustained buying in banking and insurance stocks pushed the benchmark index higher, reversing the previous session’s losses and lifting investor wealth. First Holdco surged another 9.97 percent to top the gainers’ chart, while...

A major market gauge measuring trader emotions recently collapsed to a single-digit score of just 8. The largest digital token is currently fighting to hold its ground around the 63,000 dollar line. Massive institutional investment funds have recorded...

President Bola Tinubu has signed an Executive Order creating a coordinated regulatory framework for virtual assets, bringing key financial, security and revenue agencies under a unified oversight structure. The new framework establishes a Virtual Assets Council chaired by...

RenCap estimates Nigerian banks may need to raise more than ₦1.7 trillion if the CBN adopts its proposed HoldCo capital framework. Access Holdings faces the largest projected funding gap, while UBA, Zenith Bank, and Fidelity Bank could also...