Business

April 21, (THEWILL) — Coronation Group Limited has secured a major credit rating upgrade from GCR Ratings, with its national-scale long- and short-term issuer ratings raised to A and A1 from BBB+ and A2. The outlook remains stable. The upgrade...

April 21, (THEWILL) — Flutterwave CEO, Olugbenga “GB” Agboola, has been named to Endeavour’s 2026 Outlier Class for the sixth consecutive year, underscoring his sustained impact on Africa’s payments landscape and emerging markets globally. Endeavour, a global organisation supporting high-growth...

April 21, (THEWILL) — Wema Bank Plc has met and surpassed the Central Bank of Nigeria (CBN) requirements for national licence operations. The financial services institution in a statement, said this reinforces its position as a national bank...

April 21, (THEWILL) — Stanbic IBTC Holdings Plc has released its audited 2025 financial statements, reporting a post-tax profit of ₦380.8 billion, representing a 69% increase from ₦224.31 billion achieved in 2024. The company’s pretax profit hit ₦551.7...

April 21, (THEWILL) — The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) that both organisations said would safeguard consumers against fraud while opening opportunities for them to...

April 21, (THEWILL) — Nigeria’s capital markets are beginning to establish credibility as a viable exit route for institutional investors, the Group Managing Director and Chief Executive Officer of Nigerian Exchange Group, Temi Popoola, said, citing recent transactions...

April 20, (THEWILL) — Dash Microfinance Bank Limited has launched a new digital banking platform, the Dash App, as part of its strategy to broaden financial inclusion and simplify everyday transactions for Nigerians. The rollout underscores the bank’s push to...

April 20, (THEWILL) — Nigeria’s subnational debt burden rose significantly in 2025, with the combined liabilities of the 36 states and the Federal Capital Territory (FCT) reaching N4.36 trillion, underscoring mounting fiscal pressures at the state level. Latest data released...

April 20, (THEWILL) — Dangote Sugar Refinery Plc has unveiled plans to raise ₦500 billion through a Rights Issue, pending regulatory approvals, as part of efforts to strengthen its capital base and support future growth initiatives. The proposal was disclosed...

April 20, (THEWILL) — President Bola Tinubu has approved a $75 million investment in fintech company, Flutterwave, signalling increased government backing as the firm moves closer to a planned Initial Public Offering (IPO). The announcement was made on Monday by...