Business

December 10, (THEWILL) — First City Monument Bank (FCMB) Group has projected a profit of ₦62.5 billion for the first quarter of 2026, building on the momentum from its strong performance across three consecutive quarters in 2025. According to the...

December 10, (THEWILL) — Foreign investors have returned to Nigeria’s stock market in a big way, reversing a three-year streak of net capital flight, a clear vote of confidence after the country’s FX reforms. Data from Nigerian Exchange Group (NGX)...

December 10, (THEWILL) — Ellah Lakes Plc has reported a dramatic jump in revenue for the third quarter ended April 30, 2025, driven by expanded palm-oil operations, even as the company remained in the red due to rising operational...

December 10, (THEWILL) — The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) for an order to freeze bank accounts and seize assets belonging to Crypto Bridge Exchange (CBEX) and 25 other defendants,...

December 09, (THEWILL) — Standard Chartered Bank has completed the transfer of its Cameroun business to Access Bank Plc, solidifying the Nigerian lender’s position as one of the most rapidly expanding financial institutions on the African continent. The move...

December 09, (THEWILL) — The National Pension Commission (PenCom) has announced a tougher compliance regime against employers that fail to adhere to the pension law. It therefore warns employers that the non-remittance of workers’ pension contributions would no...

December 09, (THEWILL) — The Central Bank of Nigeria (CBN) has confirmed the approval of final operating licences for 82 Bureaux De Change under its updated regulatory framework, cautioning Nigerians to avoid patronising unlicensed foreign exchange dealers. The approval...

December 09, (THEWILL) — The Federal Government has announced the full digitalisation of revenue collection across all Ministries, Departments and Agencies (MDAs), with a mandatory switch to cashless payments beginning January 1, 2026. Under the new regime, the Federal...

December 09, (THEWILL) — Nigeria’s newly enacted Tax Administration Act 2025 has introduced some of the toughest tax-compliance penalties in the country’s history, including a N10 million fine and up to 10 years imprisonment for serious offences such...

December 08, (THEWILL) — The Minister of Aviation and Aerospace Development, Festus Keyamo, is billed to participate in the United Nigeria Airlines inaugural commercial flight to Ekiti State from the Nnamdi Azikiwe International Airport, Abuja, on Tuesday, December 10,...