The Central Bank of Nigeria's recapitalisation programme requires banks to build substantially larger capital bases, with minimum paid-up capital rising to N500 billion for banks with international authorisation, N200 billion for national banks and N50 billion for regional banks.
Nigeria has failed the United States' minimum fiscal transparency assessment for the second consecutive year, with Washington concluding that the Federal Government made no significant progress in improving budget openness, financial disclosure and accountability throughout 2025.
The U.S....
August 09, (THEWILL) — In the dynamic realm of finance and accounting, the pursuit of success transcends the mere acquisition of technical expertise. While a firm grasp of accounting principles, financial modelling, and regulatory frameworks remains essential, it is the...
July 26, (THEWILL) — In corporate leadership, we often talk about revenue, margins, and market share. We treat these metrics as the ultimate indicators of a business's health. Yet, there is a silent, structural framework beneath the surface of...
July 19, (THEWILL) — In the high-stakes world of mergers and acquisitions (M&A), where fortunes are made and lost, overlooking the intricate dance of tax implications can be a costly misstep. These transactions, which reshape the corporate landscape, are...
June 15, (THEWILL) — Currently many are passing through one of the most difficult times dueThere is an old, reckless joke in the corporate business world that any financial problem can be solved if you simply find a creative...
June 14, (THEWILL) — Walk into any bustling business district in Lagos, Aba or Kano and you will see the same scene: shops teeming with customers, delivery vans loading up and offices buzzing with the energy of a "successful"...
June 08 (THEWILL) — Currently many are passing through one of the most difficult times due to inflationary pressures. From transportation to food, electricity, healthcare, school fees, rent, and communication, the rising cost of living has altered the daily...
June 1 (THEWILL) — Nigeria is not struggling to generate revenue. That reality should fundamentally shift how its economic challenges are understood. The core issue is no longer scarcity of inflows but the widening gap between record- level public...
May 31 (THEWILL) — There is a specific kind of euphoria that comes with a bank alert in Nigeria. It is that high-pitched "ping" on your phone that suddenly makes the world look brighter. Imagine, for a moment, that...
The developments emerged from two separate kidnapping incidents involving prospective National Youth Service Corps (NYSC) members travelling to orientation camps in the South-East and South-South, and farmers abducted from their fields in Niger State.