Business

RMAFC, FIRS Partner For Revenue Recovery Exercise

October 21, (THEWILL) — The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and Federal Inland Revenue Service (FIRS) have inaugurated a firm, Engaged Consultants for Revenue Recovery Exercise, to boost the Federation Account. Speaking at the inauguration ceremony in...

FG Unveils 2nd Phase Of Jubilee Fellow Programme, Targets 20,000 Jobs Annually

October 21, (THEWILL) — The Federal Government will, on Wednesday, October 22, flag-off the second phase of the Nigeria Jubilee Fellows Programme (NJFP 2.0), targeting the creation of at least 20,000 jobs annually. The initiative, spearhead by Vice...

Nigerian Equities Close Higher Amid Mixed Investor Sentiment

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October 20, (THEWILL) — The Nigerian equities market closed higher on Monday, October 20, 2025, as renewed buying interest in select blue-chip stocks lifted the benchmark index despite a balanced market breadth. The All-Share Index (ASI) gained 0.65 percent to...

H1 2025: Manufacturing Firms Record Sharp Decline in Finance Costs Amid FY Prospects

October 20, (THEWILL) — A review of 10 major manufacturing firms’ half-year (H1) 2025 financials reveals a widespread decline in reported finance costs compared to H1 2024. Firms that once bore heavy borrowing burdens are now reporting lower interest...

Tax Reform: The Plight of States, LGAs Amid Bizarre Enforcements

October 19, (THEWILL) — Despite the highly celebrated tax reform laws recently enacted by the Federal Government, the states and local government councils are not likely to enjoy the benefits that the new system is said to offer. Taiwo Oyedele,...

Equities Market Advances as Investors Maintain Positive Sentiment

October 19, (THEWILL) — The Nigerian equities market closed the week on a positive note as investors sustained bullish sentiment across major sectors of the Nigerian Exchange (NGX). The market recorded a total turnover of 2.422 billion shares worth...

Zenith Bank to Expand Operations to Francophone African Countries

October 19, (THEWILL) — Zenith Bank Plc has disclosed plans to expand its operations into Côte d’Ivoire and eight other Francophone African countries, following the successful completion of a N614.65 billion hybrid capital raise. The move marks a strategic push...

Wema Bank Concludes ₦50bn Special Placement, Exceeds Regulatory Capital Requirements

October 19, (THEWILL) — Wema Bank Plc has successfully concluded its ₦50 billion special placement offer, strengthening its capital base and surpassing the Central Bank of Nigeria’s (CBN) minimum capital requirement for national commercial banks.   In a statement issued by...

Rising AMCON Charges Threaten Investor Returns Amid Tight Margins

October 19, (THEWILL) — Nigeria’s biggest lenders may be riding high on recapitalisation headlines, but beneath the surface, a silent drain is eroding the very profits that attract investors to the sector. Fresh disclosures from the half-year 2025 financial statements...

Unity Bank Corpreneurship Challenge Beneficiaries Hit 578 as 30 More Winners Emerge

October 19, (THEWILL) — No fewer than 578 young entrepreneurs across Nigeria have benefitted from Unity Bank’s Corpreneurship Challenge — the Bank’s flagship entrepreneurial development initiative launched a few years ago.   Over this period, the Bank has invested in supporting...
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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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