Business

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) — Retail participation in the Nigerian equities market surged this week, with trading activities by individual investors nearly doubling as they positioned for short-term gains and bargain opportunities across key sectors. The increased activity reflects a stronger...

November 19, (THEWILL) — Zenith Bank Plc has publicly rejected recent media reports claiming it is in the process of acquiring Kenya’s Paramount Bank, calling the information unauthorised and inaccurate. In a statement released on November 18, 2025, the...

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) — Africa’s labelled-debt market expanded by an estimated $13 billion, propelled largely by the rapid rise of green bond issuances as governments and corporates increasingly turn to sustainable financing to close infrastructure gaps and attract climate-focused...

November 18, (THEWILL) — The Nigerian equities market closed slightly lower today as cautious trading and mild sell pressure across select sectors pulled the broader indices into negative territory. Market capitalisation slipped from N92.328 trillion to N92.218 trillion, while...

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 18, (THEWILL) — Nigeria’s inflation rate dropped to 16.1% year-on-year in October 2025, marking the seventh consecutive monthly decline, according to data from the National Bureau of Statistics (NBS). This sharp slowdown came in well below economists’...

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) — The Nigerian equities market closed negatively today as sustained sell pressure in major large-cap stocks particularly industrial goods pushed the benchmark indicators lower. The NGX All-Share Index (ASI) declined from 145,159.77 points compared to the opening...