Ogochukwu Onwaeze, THEWILL
NRS Gives Large Taxpayers Until July 31 to Adopt E-Invoicing
The Nigeria Revenue Service has given companies with an annual turnover of ₦5 billion and above until July 31 to fully adopt its...
Banking Stocks Anchor NGX as First Holdco Leads Weekly Rally Despite Softer Trading Activity
July 19, (THEWILL) — Nigeria’s equities market closed the week on a mixed note as sustained buying interest in banking stocks lifted market capitalisation,...
CBN’s Microfinance Crackdown: What 46 Licence Revocations Mean for Financial Inclusion
July 19, (THEWILL) — The Central Bank of Nigeria's decision to revoke the licences of 46 microfinance banks represents more than another round of...
Nigerian Stock Market Gains ₦849bn as First Holdco Extends Rally, Banking Stocks Lift NGX
NGX added ₦849 billion as sustained buying in banking and insurance stocks pushed the benchmark index higher, reversing the previous session’s losses and...
Tinubu Signs Executive Order to Harmonise Nigeria’s Virtual Assets Regulation
President Bola Tinubu has signed an Executive Order creating a coordinated regulatory framework for virtual assets, bringing key financial, security and revenue agencies...
CBN’s 20 Percent HoldCo Capital Rule Could Force Banks To Raise ₦1.7trn – RenCap
RenCap estimates Nigerian banks may need to raise more than ₦1.7 trillion if the CBN adopts its proposed HoldCo capital framework.
Access Holdings...
NIMC Takes Control Of Nigeria’s Digital Identity Security As NITDA Hands Over PKI
NITDA has transferred Nigeria's Public Key Infrastructure (PKI) to NIMC, strengthening the country's digital identity security framework under the newly amended NIMC Act.
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SEC Launches Nationwide Drive To Help Investors Recover Unclaimed Dividends
The Securities and Exchange Commission has launched a nationwide campaign to help investors recover unclaimed dividends and other funds linked to capital market...
CBN Launches FX Tracker, Tightens BDC Rules with 24-Hour Dollar Resale Mandate
The Central Bank of Nigeria has introduced the FX BDC Purchase Tracker (FXBT), enabling real-time monitoring of Bureau De Change foreign exchange purchases...
First Holdco Rally Fails to Sustain Broad Market Momentum as NGX Slips by ₦32bn
Nigerian equities shed ₦32 billion as profit-taking in BUA Cement and Eunisell outweighed strong gains in banking stocks.
First Holdco jumped 9.96 per...