Business

Total Pension Fund Assets Climb to N26. 6trn

December 14, (THEWILL) — The total pension fund assets under the  Contributory Pension Scheme, CPS, increased, month-on-month (MoM), to N26.66 trillion in October 2025 from N26.09 trillion  in September 2025, constituting an increase of 2.2 percent. National Pension Commission, PenCom, disclosed...

Mixed Fortune Trails Nigeria’s Capital Market Ahead of 2026 Trading

December 14, (THEWILL) — The Nigerian capital market has experienced a dramatic 2025, marked first by a meteoric rise in equity values, then a sharp, confidence-shattering panic, and finally, a commitment to far-reaching reforms aimed at a more stable...

CBN Partners NCC To Create Short Code To Fast-track Complaint Resolution

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December 14, (THEWILL) — The Central Bank of Nigeria (CBN) has said it is working with the Nigerian Communications Commission (NCC) to create an industry-wide short code that will allow consumers to communicate with their financial institutions anytime, anywhere, with...

FCMB Capital Markets Named Nigeria’s Best Corporate Bond House

December 14, (THEWILL) — FCMB Capital Markets Limited, a subsidiary of FCMB Group Plc, was named “Best Corporate Bond House of the Year” by the Association of Issuing Houses of Nigeria (“AIHN”) at the 2025 AIHN Investment Banking Awards...

Expanding International Standards Reshaping Global Economy, Says World Bank

December 13, (THEWILL) — The World Bank has said that the proliferation of international standards — covering everything from food labeling to the specifications of 5G cellular networks—is steadily reshaping the global economic order. It added that the process is...

Board Renewal: UBA Names New Executives, Bids Four Directors Farewell

December 13, (THEWILL) — United Bank for Africa Plc (UBA) has announced significant adjustments to its executive leadership, confirming the retirement of four Executive Directors and the appointment of three new ones, effective January 1, 2026. In a notice...

EXCLUSIVE: NLNG Appoints Leye Falade New MD/CEO

December 13, (THEWILL) — Nigeria LNG Limited (NLNG) has appointed Engr. Leye Falade as its new Managing Director and Chief Executive Officer. Industry sources familiar with the development, told THEWILL that Falade’s appointment was ratified on Thursday by...

NGX Extends Rally As ASI Hits 149,433.26 Amid Broad Buying Interest

December 12, (THEWILL) — The Nigerian equities market advanced further on Friday, closing positively as renewed investor appetite pushed major indices higher. The Market Capitalisation opened at ₦94.318 trillion and closed higher at ₦95.264 trillion. Similarly, the All-Share Index...

Federal High Court Voids AMCON Receivership Over General Hydrocarbons, Declares Action An Abuse Of Process

December 12, (THEWILL) — The Federal High Court in Lagos has set aside the receivership order obtained by the Asset Management Corporation of Nigeria (AMCON) against General Hydrocarbons Limited, dismissing AMCON’s suit in its entirety on the grounds that...

Nigerian T-Bills Attract ₦2.46trn In Subscriptions Across Two December Auctions

December 12, (THEWILL) — Investors poured a hefty ₦2.46 trillion into Nigeria’s Treasury Bill (T-bill) market in two consecutive auctions held in December, underscoring continued strong demand for short-term government securities even amid elevated yields and tight liquidity...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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