News

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...

Chief of Staff to the President, Femi Gbajabiamila, appears before the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over the ongoing investigation into the alleged Presidential Foreign Investment Promotion Council (PFIPC). Gbajabiamila's lawyer, Jiti Ogunye, says...

President Bola Tinubu approves 26 new appointments into the boards and leadership of 10 strategic Federal Government agencies and commissions to strengthen governance and public service delivery. Former Ekiti State Governor Ayo Fayose is appointed Chairman of the...

NAFDAC blacklists Onifam Laboratories Ltd, its Managing Director, directors and affiliated entities over alleged regulatory violations, with the sanction taking immediate effect. Agency says investigations uncovered regulatory misrepresentation, misuse of approvals and certificates, improper registration and transfer of...

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...

Head of the Civil Service of the Federation, Mrs Esther Didi Walson-Jack, tells the House of Representatives that the Presidential Foreign Intervention Promotion Council (PFIPC) never sought approval for its conditions of service, saying her office has no...

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...

Immigration, Refugees and Citizenship Canada caps study permit applications at 309,670 globally for 2026. Undergraduate and college diploma applicants must obtain a Provincial Attestation Letter before submitting their visa files. Master's and PhD candidates are exempt from...

Andy Burnham officially became the United Kingdom's Prime Minister after King Charles III invited him to form a government, completing Britain's constitutional transfer of power following Sir Keir Starmer's resignation. Buckingham Palace confirmed the leadership transition after *Starmer...

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...