Ogochukwu Onwaeze, THEWILL

Nigeria’s Telcos Shift From Subscriber Race To Data Supremacy As Market Nears Saturation

May 05, (THEWILL) — Nigeria’s telecommunications industry is entering a new phase of competition as the race for new subscribers gradually gives way to a deeper battle for data dominance, network capacity and service quality. With active subscriptions reaching 185.5...

NGX Begins Week on Positive Note as FTNCOCOA, CAP Drive Market Higher

May 04, (THEWILL) — Trading on the Nigerian Exchange (NGX) commenced the week on a modestly positive note as bargain hunting in select equities lifted the market benchmark. At the start of the trading session on Monday, the market capitalisation...

Nigeria’s Oil Wealth Masks Output Gaps, Latest OPEC Data Show

May 04, (THEWILL) — Despite holding one of Africa’s largest crude oil reserves, Nigeria continues to underperform its production potential, highlighting deep structural weaknesses in the sector, according to recent data from the Organisation of the Petroleum Exporting Countries...

Zichis Plc Wins Shareholder Backing For ₦50bn Capital Raise To Drive Agribusiness Expansion

May 04, (THEWILL) — Zichis Agro-Allied Industries Plc has secured shareholder approval to raise ₦50 billion in fresh capital as part of an ambitious plan to scale operations across Nigeria’s agribusiness value chain. The approval was granted at the company’s...

Konga Rolls Out Tech Month With Up To 50% Discounts, Starlink Partnership

May 04, (THEWILL) — Nigeria’s leading e-commerce platform, Konga, has launched its May 2026 Tech Month campaign, offering customers discounts of up to 50 percent on a wide range of technology products. The month-long initiative, running from May 1 to...

DMO Launches May 2026 FGN Savings Bonds With Rates Up To 14.525 Percent

May 04, (THEWILL) — The Debt Management Office (DMO) has unveiled its May 2026 Federal Government (FGN) Savings Bond offer, providing Nigerians with investment options offering returns of up to 14.525 percent annually. Announced on Monday, on behalf of the...

Naira Rebounds From April Lows, Strengthens To ₦1,858/£1 Amid Market Stability

May 04, (THEWILL) — The Nigerian naira has staged a modest recovery against the British pound, signalling improved sentiment in the foreign exchange market after recent volatility. Latest data from the Central Bank of Nigeria (CBN) shows the pound...

Africa Prudential Launches Sabivest App To Simplify Investment Access For Nigerians

May 04, (THEWILL) — Africa Prudential Plc has introduced Sabivest, a digital shareholder and investment management app designed to make it easier for Nigerians to access, track, and grow their investments. Unveiled on April 30, 2026, at a high-level event...

States’ External Debt Nears $1bn Surge As Borrowing Spikes Across Nigeria

May 04, (THEWILL) — External borrowing by Nigeria’s subnational governments surged in 2025, with 32 states and the Federal Capital Territory (FCT) collectively taking on nearly $1 billion in fresh loans, according to data from the Debt Management Office...

Bullish Momentum Lifts NGX as Market Capitalisation Rises 7.33% in Four-Day Trading Week

May 03, (THEWILL) — ‎Trading on the Nigerian equities market closed the week on a positive note as strong buying momentum pushed key market indicators higher despite a shortened trading week. The market opened for four trading sessions this week...

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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