Ogochukwu Onwaeze, THEWILL

IMF Pushes Nigeria to Regulate Stablecoins as Crypto Adoption Accelerates

June 10 (THEWILL) — The International Monetary Fund (IMF) has urged Nigeria to bring stablecoins and other crypto-asset activities under formal regulatory oversight, warning that the rapid growth of digital assets could pose risks to financial stability if left...

FG Unveils $1bn AfCFTA Fund to Boost Nigerian Exporters

June 10 (THEWILL) — The Federal Government has unveiled opportunities for Nigerian businesses to access a $1bn African Continental Free Trade Area (AfCFTA) Adjustment Fund Credit Facility, as part of efforts to strengthen exports, improve competitiveness and expand trade...

IMF: Nigeria’s Foreign Debt to Rise to $72.6bn by 2027 Amid Election-Year Spending Pressures

June 10 (THEWILL) — Nigeria’s public external debt is projected to increase by $20.7bn to $72.6bn by 2027, according to the International Monetary Fund, raising concerns about the country’s debt sustainability despite recent macroeconomic reforms. The projection was contained in...

IMF Raises Transparency Concerns Over Nigeria’s Planned $5bn Abu Dhabi Bank Loan

June 09, (THEWILL) — The International Monetary Fund (IMF) has expressed concerns over Nigeria’s proposed $5 billion borrowing arrangement with First Abu Dhabi Bank, warning that the financing structure could expose the country to fiscal risks due to limited...

Equities Market Extends Rebound As Airtel Africa Powers NGX Higher

June 09, (THEWILL) — The Nigerian equities market sustained its positive momentum on Tuesday as gains in large-cap stocks, particularly Airtel Africa, lifted key market indicators despite a mixed breadth performance. Market capitalisation advanced by ₦835 billion to close at...

IMF Says Economic Reforms Yet To Ease Hardship For Nigerians

June 09, (THEWILL) — Despite signs of improving macroeconomic stability, the International Monetary Fund (IMF) says many Nigerians continue to face significant economic hardship as high prices and cost-of-living pressures weigh on households. In its latest assessment of the Nigerian...

Seplat Names Tony Elumelu Chairman-Elect, Appoints Effiong Okon CEO

June 09, (THEWILL) — Seplat Energy Plc has announced a major leadership transition, which will see renowned investor and business leader, Tony Elumelu, assume the role of Chairman from January 1, 2027, while veteran oil and gas executive Effiong...

Guinea Insurance Deposits N1.5bn with CBN, Advances Recapitalisation Drive Ahead of NIIRA Deadline

June 09, (THEWILL) — Guinea Insurance Plc has deposited N1.5 billion with the Central Bank of Nigeria (CBN) in compliance with the statutory requirements of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, marking a significant milestone in...

DMO Increases Q2 Treasury Bills Issuance by 21.5 Percent to N4.8tn

June 9 (THEWILL) — The Debt Management Office (DMO) has increased its Nigerian Treasury Bills (NTB) issuance programme for the second quarter of 2026 to N4.8 trillion, up from the original N3.95 trillion planned for the period. An analysis of...

Nigeria’s Petrol Import Bill Plunges 96% to N87bn as Local Refining Gains Ground

June 9 (THEWILL) — Nigeria’s expenditure on petrol imports fell sharply to N87.40 billion in the first quarter of 2026, down from N2.27 trillion recorded in the corresponding period of 2025, according to data from the National Bureau of...

About Me

Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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