May 26 (THEWILL) — The Federal Government has cancelled $717.7 million in undisbursed funding under the World Bank-backed Power Sector Recovery Performance-Based Operation (PSRO), dealing a major blow to Nigeria’s efforts to restore stability and financial sustainability in the...
May 25 (THEWILL) — The operational expansion of the 650,000-barrels-per-day Dangote Petroleum Refinery & Petrochemicals is significantly reducing Nigeria’s dependence on imported fuel and strengthening the country’s external position, according to the Economist Intelligence Unit (EIU).
In its latest assessment...
May 25 (THEWILL) — The Nigerian stock market sustained its bullish momentum on Monday, as renewed buying interest in large-cap and mid-tier stocks pushed the Nigerian Exchange higher, with market capitalisation gaining ₦905 billion.
At the close of trading, the...
May 25 (THEWILL) — Unilever Nigeria Plc led the Nigerian Fast-Moving Consumer Goods (FMCG) pack in Q1 2026, as Nestlé Nigeria Plc and Cadbury Nigeria Plc reported varying degrees of margin pressure amid sustained cost inflation.
The three NGX-listed stocks...
May 25 (THEWILL) — Global oil markets are facing what leading investment banks describe as an extreme and fast-evolving supply shock, as inventories collapse and flows through the Strait of Hormuz remain heavily disrupted.
Barclays warned that the market is...
May 25 (THEWILL) — Nigeria’s external reserves have staged a recovery after a difficult April marked by sustained declines linked to foreign exchange interventions, debt service obligations, and global market pressures.
Latest data from the Central Bank of Nigeria (CBN)...
May 25, (THEWILL) — As Nigeria’s monetary authorities maintain a tight monetary policy stance following the latest Monetary Policy Committee (MPC) decision, the audited FY2025 financial statements of leading manufacturers reveal a decisive shift in what defines corporate strength....
May 24, (THEWILL) — Nigeria’s equities market closed the week on a negative note as declining investor activity and sustained profit-taking pressured key market indicators, despite selective gains recorded in banking and consumer goods counters.
Data from the Nigerian Exchange...
May 24, (THEWILL) — The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has unanimously voted to retain the Monetary Policy Rate (MPR) at 26.50 percent, choosing caution over monetary easing as inflation resumed its upward climb and economic...
May 22, (THEWILL) — Nigeria’s equities market closed Friday’s trading session on a positive note as renewed buying interest in select mid-cap stocks lifted the benchmark indices higher.
At the close of trading on the Nigerian Exchange Limited, market capitalisation...
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.
