Business

February 02, (THEWILL) — The naira strengthened against the United States dollar at the parallel market on Tuesday, appreciating to N1,465/$ amid improved dollar supply and easing demand pressures. Market operators attributed the marginal gain to increased foreign currency...

February 02, (THEWILL) — The Central Bank of Nigeria (CBN) has issued a comprehensive fintech industry assessment, signalling a new strategic phase for the country’s rapidly evolving digital finance ecosystem. The report, titled “Shaping the Future of Fintech in...

February 02, (THEWILL) — Access Bank Plc has announced the appointment of Ifeyinwa Osime as the new Chairman of its Board, following the retirement of Mr Paul Usoro, SAN, who stepped down on January 29, 2026, after completing his...

February 02, (THEWILL) — The Nigerian equities market opened the week with a mixed session on Monday, as modest gains in select stocks were offset by broader declines. The market opened at ₦106.153 and closed slightly higher at ₦106.162,...

February 02, (THEWILL) — First Holdco Plc has released its 2025 Unaudited Consolidated and Separate Financial Statements for the year ended December 31, 2025, reporting gross earnings of N3.4 trillion amid record impairment charges driven by strategic post-recapitalisation consolidation. FirstHoldCo...

February 02, (THEWILL) — Transcorp Hotels Plc has delivered a landmark financial performance for the 2025 fiscal year, recording historic revenue of N97.04 billion, marking a substantial 38 percent increase from the N70.13 billion reported in the previous year,...

February 02, (THEWILL) — First Bank of Nigeria has written off about ₦748 billion in non-performing loans as part of a sweeping clean-up of its balance sheet aimed at restoring financial strength and improving long-term profitability, according to billionaire...

February 01, (THEWILL) — A crucial factor for the success of the current bank recapitalisation is the ability of the Nigeria Deposit Insurance Corporation (NDIC) to safeguard depositors and enhance the stability of the banking system, in accordance with...

February 01, (THEWILL) — The National Pension Commission (PenCom) has approved an upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund (NSITF), increasing their total monthly pension payments from N12.56 million to N159.95 million. The...

February 01, (THEWILL) — Moniepoint Inc., leading Nigeria's fintech company, has released its ‘2025 Year in Review’, marking a decade of "financial happiness" and a transformative year of growth. Highlighting its role as the backbone of Nigeria's entrepreneurial economy with...