Business

May 11, (THEWILL) — Abbey Mortgage Bank Plc is seeking shareholders’ approval to raise ₦164.5 billion through a combination of equity and debt issuances as part of plans to strengthen its capital base, expand operations, and support long-term growth. The...

May 11, (THEWILL) — The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening Shariah governance, regulatory clarity, and risk management in the non-interest financial services industry as part of efforts to sustain public confidence, financial stability,...

May 11, (THEWILL) — The Central Bank of Nigeria (CBN) has carried out a major reshuffle of its deputy governors’ portfolios as the apex bank intensifies efforts to strengthen monetary policy coordination, banking sector oversight and institutional governance. The reshuffle...

May 11, (THEWILL) — FCMB Group Plc had disclosed that it might experience delays in publishing its FY 2025 Audited Financial Statements on the Nigerian Exchange ahead of the March 31, 2026, deadline. In a notice filed on The...

May 11, (THEWILL) — The Senate has confirmed Lamido Yuguda as a Deputy Governor of the Central Bank of Nigeria (CBN), following his nomination by President Bola Ahmed Tinubu in March 2026. Yuguda’s confirmation, concluded in April 2026, forms...

-As Bullish Trend Reshapes Nigeria’s Investment Landscape May 11, (THEWILL) — Nigeria’s capital markets are undergoing a significant reallocation of funds as institutional investors pivot from equities to government securities, driven by a widening yield gap that has redefined risk-return...

May 11, (THEWILL) — Following its return to profitability after years of financial pressure, Guinness Nigeria Plc is now focused on sustaining growth through operational efficiency, localised decision-making, and consumer-driven innovation. Managing Director and Chief Executive Officer of Guinness...

May 11, (THEWILL) — A bill seeking to harmonise taxes and eliminate the collection of levies by unions and other unauthorised groups in Lagos State is currently being considered by the Lagos State House of Assembly. The bill, titled “A...

May 11, (THEWILL) — The Auditor-General for the Federation, Shaakaa Chira, has emphasised the importance of proper documentation and record keeping, saying they remain fundamental to governance, accountability and national development. News Agency of Nigeria (NAN) reports that Chira said...

May 11, (THEWILL) — The Nigerian naira continued its impressive rally against the United States dollar, with fresh market data showing the local currency gaining momentum amid improving foreign exchange inflows and stronger investor confidence. In the first half...