January 12, (THEWILL) — Africa’s Global Bank, United Bank for Africa (UBA), has successfully exceeded the Central Bank of Nigeria's (CBN) minimum capital requirement of N500 billion, thereby positioning itself favorably for growth and expansion in the post-recapitalisation phase....
January 11, (THEWILL) — Eight (8) chief executives of Nigerian banks are guiding their institutions through the process of recapitalisation; an initiative projected to inject over N4 trillion in new capital into the banking sector, as the countdown to...
January 08, (THEWILL) — In line with the consumer-focused objectives of the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators have drawn up a framework to address consumer complaints arising from unsuccessful airtime...
January 08, (THEWILL) — United Bank for Africa (UBA) has successfully raised ₦178.3 billion through a rights issue, taking its capital base above the ₦500 billion minimum required for Tier 1 banks with international licenses under the current banking...
January 07, (THEWILL) — Global professional service firm, PricewaterhouseCoopers, PwC, has said Nigeria’s poverty rate may rise sharply to 62 percent by 2026, with about 141 million people expected to be living below the poverty line.
The...
January 06, (THEWILL) — The Securities and Exchange Commission (SEC) has said it will step up enforcement of market rules in 2026, following the enactment of the Investments and Securities Act (ISA) 2025, aimed at strengthening investor confidence and...
January 06, (THEWILL) — Shareholders commit to future injection of more capital to the Group’s other subsidiaries
First HoldCo Plc has announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the Central Bank of...
January 05, (THEWILL) — The substantial increase in electronic payment transactions, driven by significant holiday expenditures and the expansion of fintech services, is expected to elevate stamp duty revenue to unprecedented heights in 2026. Recently, Nigeria's digital banking and...
January 04, (THEWILL) — 2026 promises to be a year of many expectations for Nigerians. It signals the beginning of the journey to another general election in 2027 with heightened political activities. Expectedly, some people will make a big...
January 04, (THEWILL) — Nigeria's newly implemented tax laws, effective from January 1, 2026, provide considerable relief to low-income earners and small businesses, which is their primary feature. This new framework reorganises personal income tax brackets to align with...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
