November 25, (THEWILL) — The Central Bank of Nigeria (CBN) has issued a fresh directive clarifying how Financial Holding Companies and banks should compute their minimum paid-up capital.
This follows weeks of uncertainty that contributed to delays in the...
November 24, (THEWILL) — The Federal Government raked in N47.87 billion from digital cash switch fee, otherwise called Electronic Money Transfer Levy (EMTL) in November, 2025, a whopping 217.8 percent rise against N15.06 billion garnered in the equivalent period...
November 23, (THEWILL) — Recently, the global economy has focused on the Nigeria Inter-Bank Settlement System (NIBSS). This attention stems from the energy and dedication the organisation has shown in promoting the digital payment system across Africa.
NIBSS offers the...
November 20, (THEWILL) — The Central Bank of Nigeria (CBN) has said that closer coordination between monetary and fiscal authorities is essential to building a stronger and more resilient financial system.
The Deputy Governor, Corporate Services, CBN, Ms Emem...
November 19, (THEWILL) — Nigeria’s pension fund assets recorded 22.03 percent growth as of the end of the third quarter, rising by more than N4.71 trillion. This is as Pension Fund Administrators deepened their allocation to Federal Government securities,...
November 19, (THEWILL) — Leadway Holdings Limited has completed the acquisition of 100 percent equity interest in Pensions Alliance Limited (PAL), following regulatory approval from the National Pension Commission (PenCom).
The transaction marks a significant consolidation in Nigeria’s pension industry...
November 19, (THEWILL) — The Office of the Accountant General of the Federation (OAGF) has announced sweeping reforms to deepen transparency, strengthen accountability, and improve efficiency in the management of World Bank-funded projects across Nigeria.
The measures were outlined...
November 18, (THEWILL) — The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that the bank’s foreign reserves increased to $46.7 billion as of November 2025, the highest in about eight years, providing Nigeria with...
November 17, (THEWILL) — Xpress Payment Solutions Limited, one of Nigeria’s leading financial technology companies, has been officially appointed as the Collecting Agent for the Federal Inland Revenue Service under the Treasury Single Account framework.
The appointment enables all...
November 17, (THEWILL) — Nestle Nigeria Plc, experienced a strong rebound in Q3 2025 after seeing sharp losses in 2023 and 2024 due to currency devaluation, and this is good news for backward integration.
The foremost consumer goods firm has...
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.
