Business

April 21, (THEWILL) — Financial market experts are advocating a significant increase in the free float requirement for companies listed on the Nigerian Exchange Limited (NGX), proposing a 50 percent threshold to improve liquidity, deepen market activity, and enhance...

April 21, (THEWILL) — UPDC Real Estate Investment Trust (UPDC REIT) delivered a solid first-quarter performance for 2026, reporting an increase in net assets attributable to unitholders of ₦752.4 million, up from ₦551.7 million recorded in Q1 2025. The...

April 21, (THEWILL) — Global oil prices eased on Tuesday, offering cautious optimism to energy markets, as renewed diplomatic engagement between the United States and Iran strengthened expectations of improved crude supply from the Middle East. Brent crude futures...

April 21, (THEWILL) — Coronation Group Limited has secured a major credit rating upgrade from GCR Ratings, with its national-scale long- and short-term issuer ratings raised to A and A1 from BBB+ and A2. The outlook remains stable. The upgrade...

April 21, (THEWILL) — Flutterwave CEO, Olugbenga “GB” Agboola, has been named to Endeavour’s 2026 Outlier Class for the sixth consecutive year, underscoring his sustained impact on Africa’s payments landscape and emerging markets globally. Endeavour, a global organisation supporting high-growth...

April 21, (THEWILL) — Wema Bank Plc has met and surpassed the Central Bank of Nigeria (CBN) requirements for national licence operations. The financial services institution in a statement, said this reinforces its position as a national bank...

April 21, (THEWILL) — Stanbic IBTC Holdings Plc has released its audited 2025 financial statements, reporting a post-tax profit of ₦380.8 billion, representing a 69% increase from ₦224.31 billion achieved in 2024. The company’s pretax profit hit ₦551.7...

April 21, (THEWILL) — The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) that both organisations said would safeguard consumers against fraud while opening opportunities for them to...

April 21, (THEWILL) — Nigeria’s capital markets are beginning to establish credibility as a viable exit route for institutional investors, the Group Managing Director and Chief Executive Officer of Nigerian Exchange Group, Temi Popoola, said, citing recent transactions...

April 20, (THEWILL) — Dash Microfinance Bank Limited has launched a new digital banking platform, the Dash App, as part of its strategy to broaden financial inclusion and simplify everyday transactions for Nigerians. The rollout underscores the bank’s push to...