Ogochukwu Onwaeze, THEWILL

UPDC REIT Posts Strong Q1 Earnings As Rental Income Surges

April 21, (THEWILL) — UPDC Real Estate Investment Trust (UPDC REIT) delivered a solid first-quarter performance for 2026, reporting an increase in net assets attributable to unitholders of ₦752.4 million, up from ₦551.7 million recorded in Q1 2025. The...

Coronation Group Earns A/A1 Rating Upgrade From GCR, Outlook Stable

April 21, (THEWILL) — Coronation Group Limited has secured a major credit rating upgrade from GCR Ratings, with its national-scale long- and short-term issuer ratings raised to A and A1 from BBB+ and A2. The outlook remains stable. The upgrade...

Flutterwave CEO Agboola Earns Sixth Straight Spot On Endeavour’s 2026 Outlier List

April 21, (THEWILL) — Flutterwave CEO, Olugbenga “GB” Agboola, has been named to Endeavour’s 2026 Outlier Class for the sixth consecutive year, underscoring his sustained impact on Africa’s payments landscape and emerging markets globally. Endeavour, a global organisation supporting high-growth...

DisCos Remit ₦77.99bn In Q4 2025 As Performance Slips To 91.19 Percent — NERC

April 21, (THEWILL) — Nigeria’s electricity distribution companies (DisCos) remitted ₦77.99 billion in the fourth quarter of 2025, achieving 91.19 percent of their total market obligations, according to the latest report by the Nigerian Electricity Regulatory Commission (NERC). The figure...

Dash Microfinance Bank Unveils Mobile App to Deepen Digital Banking Access

April 20, (THEWILL) — Dash Microfinance Bank Limited has launched a new digital banking platform, the Dash App, as part of its strategy to broaden financial inclusion and simplify everyday transactions for Nigerians. The rollout underscores the bank’s push to...

Dangote Sugar Targets ₦500bn Rights Issue To Boost Capital And Expansion Plans

April 20, (THEWILL) — Dangote Sugar Refinery Plc has unveiled plans to raise ₦500 billion through a Rights Issue, pending regulatory approvals, as part of efforts to strengthen its capital base and support future growth initiatives. The proposal was disclosed...

Tinubu Clears $75m Government Investment In Flutterwave As IPO Plans Advance

April 20, (THEWILL) — President Bola Tinubu has approved a $75 million investment in fintech company, Flutterwave, signalling increased government backing as the firm moves closer to a planned Initial Public Offering (IPO). The announcement was made on Monday by...

Stanbic IBTC Posts ₦551.7bn FY2025 Profit, Boosts Dividend As Deposits Climb To ₦4.3trn

April 20, (THEWILL) — Stanbic IBTC Holdings Plc has reported a strong financial performance for the 2025 financial year, with profit before tax rising sharply to ₦551.7 billion from ₦303.7 billion recorded in 2024. The growth was largely driven by...

CPPE Urges Lower Import Duties, VAT Waivers To Boost Clean Energy Access

April 20, (THEWILL) — The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to cut import duties on renewable energy equipment to 5 percent and grant a full Value Added Tax (VAT) waiver...

FG Pivots To Consumption Taxes, Cuts Import Duties To Ease Costs

April 20, (THEWILL) — Nigeria is overhauling its revenue model, shifting away from heavy dependence on import and export duties toward a consumption-driven tax system. Under the 2026 Fiscal Policy Measures and Tariff Amendments, the Federal Government has reduced...

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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