Business

April 20, (THEWILL) — Nigeria is overhauling its revenue model, shifting away from heavy dependence on import and export duties toward a consumption-driven tax system. Under the 2026 Fiscal Policy Measures and Tariff Amendments, the Federal Government has reduced...

- Group Surpasses N30trn Assets Mark April 19, (THEWILL) — Zenith Bank Plc's offshore subsidiaries reported a combined post-tax profit of N116.43 billion in 2025, representing an increase of N23 billion, compared to the N93.39 billion achieved in the previous...

April 19, (THEWILL) — The Nigerian equities market closed the week on a strong bullish trajectory, with investors sustaining aggressive buying activity across banking and industrial stocks. A total turnover of 3.588 billion shares worth ₦195.313 billion was traded this...

April 19, (THEWILL) — The Nigeria Deposit Insurance Corporation (NDIC) has commenced the final phase of winding down 89 defunct Microfinance Banks (MFBs) and one Primary Mortgage Bank (PMB), following their successful resolution under the Purchase and Assumption (P&A)...

April 19, (THEWILL) — In line with commitment to driving innovation and supporting a more efficient and transparent capital market, the Central Securities Clearing System Plc (CSCS), has rolled out a range of new services aimed at improving investor...

April 19, (THEWILL) — In furtherance of its commitment to deepening the Nigerian debt capital markets and supporting corporate access to long-term funding, FMDQ Securities Exchange Limited has approved the listing of Veritasi Homes & Properties PLC’s N10.00 billion...

April 17, (THEWILL) — The Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), has introduced the Nigerian Overnight Financing Rate (NOFR) as a new benchmark for Nigeria’s money market, a move to improve transparency,...

April 17, (THEWILL) — The Nigerian equities market closed the week on a strong bullish note as sustained buying interest lifted key indicators higher during Friday’s trading session. Market capitalisation opened the session at ₦136.435 trillion and advanced to...

April 17, (THEWILL) — Nigeria’s Net Domestic Assets (NDA) recorded a strong year-on-year increase, rising by about 21 percent to ₦94.74 trillion in February 2026 from ₦78.18 trillion in the same period of 2025, reflecting expanding liquidity within...

April 17, (THEWILL) — The Director-General of Nigeria’s Infrastructure Concession Regulatory Commission (ICRC), Dr Jobson Ewalefoh, said that the country has intensified efforts to bridge its infrastructure deficit, estimated at $2.3 trillion between 2020 and 2043. Ewalefoh said...