Ogochukwu Onwaeze, THEWILL

Meta Expands Beyond Ads with New Paid Plans for Facebook, Instagram, WhatsApp Users

May 28 (THEWILL) — Meta Platforms has begun the global rollout of new subscription plans across Facebook, Instagram, and WhatsApp as the technology giant accelerates efforts to diversify revenue beyond digital advertising. The company announced on Wednesday that the new...

CBN’s 26.5% Rate Hold Keeps Commercial Papers Attractive Despite High Borrowing Costs

May 27, (THEWILL) — The Central Bank of Nigeria’s decision to retain the Monetary Policy Rate (MPR) at 26.5 percent is expected to sustain strong investor appetite for commercial papers (CPs), while keeping borrowing costs elevated for corporates seeking...

Cash Outside Banks Drops by N104bn After CBN’s February Rate Cut

May 27, (THEWILL) — Cash held outside Nigeria’s banking system declined by N104.76 billion between February and April 2026, following the Central Bank of Nigeria’s decision to reduce interest rates at its first Monetary Policy Committee meeting of...

Access Bank UK Crushes FUGAZ Rivals With N288.6bn Profit as UBA Slips Into Loss

May 27, (THEWILL) — Access Bank UK emerged as the clear leader among the United Kingdom subsidiaries of Nigeria’s FUGAZ banks after posting a staggering N288.6 billion pre-tax profit for the 2025 financial year, accounting for more than...

NGX Extends Decline As Sell-Off In Bellwethers Weakens Investor Sentiment

May 26 (THEWILL) — The Nigerian Exchange closed lower on Tuesday, as renewed profit-taking in key counters dragged market performance into negative territory, reversing part of the gains recorded at the start of the week. Market capitalisation declined by ₦888...

Private Sector Credit Falls By Over ₦14trn Despite CBN Rate Cut

May 26 (THEWILL) — Nigeria’s private sector credit declined sharply by more than ₦14 trillion within two months, highlighting growing weaknesses in lending to productive sectors of the economy despite the Central Bank of Nigeria’s earlier monetary policy easing. Latest...

Trade Sector Contributes 17.89 Percent To Nigeria’s GDP In Q1 2026 — NBS

May 26 (THEWILL) — Nigeria’s trade sector accounted for 17.89 percent of the country’s Gross Domestic Product (GDP) in the first quarter of 2026, reinforcing its position as one of the largest drivers of economic activity despite persistent macroeconomic...

Manufacturing Rebounds as Sector’s GDP Contribution Rises to 9.57% in Q1 2026

May 26 (THEWILL) — Nigeria’s manufacturing sector staged a strong rebound in the first quarter of 2026, with its contribution to real Gross Domestic Product (GDP) rising sharply to 9.57 percent, signalling renewed industrial momentum after a weak...

Dangote Refinery Emerges Nigeria’s Shield Against Middle East Oil Shocks — S&P

May 26 (THEWILL) — The Dangote Petroleum Refinery has emerged as a strategic lifeline for Nigeria’s economy, with S&P Global Ratings describing the facility as a critical buffer against growing supply disruptions and geopolitical tensions in the Middle East. In...

Nigeria’s Economic Growth Slows to 3.89 Percent in Q1 2026 Despite Stronger Agricultural Performance

May 26 (THEWILL) — Nigeria’s economy grew by 3.89 percent in real terms in the first quarter of 2026, according to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS) on Monday. The latest...

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.
777 POSTS
0 COMMENTS
- Advertisement -spot_img

Latest News

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...
- Advertisement -spot_img
THEWILL APP ADS 2