Business

December 19, (THEWILL) — The Central Securities Clearing System Plc (CSCS) has announced the appointment of Mr Shehu Yahaya Shantali as its new Chief Executive Officer, effective January 1, 2026, subject to regulatory no-objection. Shantali succeeds Mr Haruna Jalo-Waziri, who...

December 19, (THEWILL) — Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has further strengthened his grip on the financial services group after acquiring additional shares worth approximately ₦14.8 billion, pushing his ownership stake to over 18...

December 19, (THEWILL) — In a significant transformation that could reshape the power dynamics within the upper echelons of the Nigerian executive, President Bola Tinubu has embarked on a strategic and discreet initiative that will drastically diminish the influence...

December 19, (THEWILL) — Nigeria’s oil revenue significantly underperformed budget expectations in the first seven months of 2025, raising fresh concerns about the sustainability of the federal government’s fiscal plans for the year. Data from official budget implementation reports show...

December 18, (THEWILL) — The Nigerian equities market extended its bullish run on Thursday, December 18, 2025, with strong buying interest in heavyweight stocks driving key indices higher. Market capitalisation opened at N95.525 trillion and closed higher at N95.856 trillion,...

December 18, (THEWILL) — Guinea Insurance Plc has announced plans to raise ₦15 billion in equity capital as part of efforts to comply with the recapitalisation requirements set by the National Insurance Commission (NAICOM). The proposed capital raise is...

December 18, (THEWILL) — Several large-cap Nigerian stocks, led by MTN Nigeria Communications (MTNN) and Dangote Cement, have been assigned “strong buy” recommendations for 2026 by market analysts, driven by expectations of earnings recovery, improved pricing power, and...

December 18, (THEWILL) — The rapid rise and abrupt collapse of Aso Savings and Loans Plc has emerged as one of the most striking cautionary tales in Nigeria’s capital market, exposing the sharp disconnect that can exist between stock...

December 18, (THEWILL) — Following THEWILL's report that Nigeria risks fiscal chaos through the planned implementation of multiple budgets, the Federal Government has taken a decisive step to avert the impending crisis. In a move to...

December 17, (THEWILL) — The Nigerian equities market closed higher on Wednesday, December 17, 2025, extending its positive momentum as sustained buying interest lifted key indicators. Market capitalisation opened at N95.280 trillion and closed higher at N95.525 trillion, while the...