Ogochukwu Onwaeze, THEWILL

FG Moves To Curb Illegal Taxes, Unveils Fresh Guidelines For States, LGAs

May 19, (THEWILL) — The Federal Government has announced plans to introduce fresh regulations and implementation guidelines to tackle illegal and multiple taxation by state and local governments across Nigeria. The Minister of Finance and Coordinating Minister of the Economy,...

Dangote Refinery Slashes Jet A1 Price To ₦1,650, Offers Credit Support To Airlines

May 19, (THEWILL) — Dangote Petroleum Refinery has reduced the ex-depot price of aviation fuel, also known as Jet A1, from ₦1,750 to ₦1,650 per litre, in a move expected to ease mounting pressure on Nigeria’s aviation industry. The refinery...

SEC Sets June 1 Deadline For Nigeria’s Shift To T+1 Settlement Cycle

May 19, (THEWILL) — Nigeria’s Securities and Exchange Commission (SEC) has issued fresh guidance ahead of the country’s transition to a T+1 settlement cycle for equities and commodities transactions, a move to deepen market efficiency and align the local...

NGX Market Opens Week Flat as Profit-Taking Pressures Weigh on Equities

May 18, (THEWILL) — The Nigerian equities market opened the week on a marginally bearish note as mild profit-taking activity dragged key performance indicators lower on the Nigerian Exchange Limited. Market capitalisation declined slightly from ₦160.443 trillion to ₦160.362 trillion,...

NGX Group Expands Investor Education Drive Through Digital Retail Engagement

May 18, (THEWILL) — The Nigerian Exchange Group has strengthened its investor education campaign with a new digital engagement initiative aimed at improving financial literacy and expanding retail participation in Nigeria’s capital market. As part of the effort, the Group...

DMO Reopens ₦600bn FGN Bonds As Yields Climb To 22.60 Percent

May 18, (THEWILL) — Nigeria’s Debt Management Office (DMO) is auctioning ₦600 billion worth of reopened Federal Government bonds today, May 18, 2026, offering investors yields of up to 22.60 percent amid sustained tight monetary conditions in the fixed-income...

Dangote Doubles Ethiopia Fertiliser Project Investment To Over $4bn

May 18, (THEWILL) — Africa’s richest man, Aliko Dangote, has increased the planned investment in his proposed fertiliser plant in Ethiopia to more than $4 billion, nearly doubling the original project estimate and reinforcing his push to expand industrial...

FGN Bonds, T-Bills Deliver Peak Sovereign Yields In Q1 2026 Before Rate Cuts

May 18, (THEWILL) — Nigeria’s fixed-income market offered investors some of the highest sovereign returns seen in years during the first quarter of 2026, before the Central Bank of Nigeria’s (CBN) easing cycle triggered a steady decline in yields...

Chapel Hill Denham: CBN Rules Give Foreign Banks Competitive Edge Over Nigerian Lenders

May 18, (THEWILL) — Investment banking and research firm, Chapel Hill Denham, has raised concerns over the Central Bank of Nigeria’s (CBN) banking structure, saying the current framework places Nigerian lenders at a disadvantage, while giving foreign banks and...

Stock Market Surge Conceals Strategic Foreign Divestment

May 18, (THEWILL) — Nigeria’s record-breaking equity rally is masking a structural shift in capital behaviour. Beneath the surge in valuations and a historic run toward 242,000 points on the Nigerian Exchange (NGX), foreign investors are quietly executing a...

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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