Ogochukwu Onwaeze, THEWILL

NGX Weekly Report: Market Slips 0.12% as Investors Rebalance Portfolios

April 19, (THEWILL) — The Nigerian equities market closed the week on a strong bullish trajectory, with investors sustaining aggressive buying activity across banking and industrial stocks. A total turnover of 3.588 billion shares worth ₦195.313 billion was traded this...

Why Nigeria’s 200,000-Point Rally Feels like a Recession to 140m

April 19, (THEWILL) — In April 2026, Nigeria presents one of the most puzzling economic contradictions in the modern developing world. On paper, the country is staging a recovery. The stock market is booming, inflation is easing, and growth...

UPDATED: CBN Launches Overnight Benchmark Rate To Boost Market Transparency

April 17, (THEWILL) — The Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), has introduced the Nigerian Overnight Financing Rate (NOFR) as a new benchmark for Nigeria’s money market, a move to improve transparency,...

NGX Extends Rally As Market Cap Gains ₦3.39trn

April 17, (THEWILL) — The Nigerian equities market closed the week on a strong bullish note as sustained buying interest lifted key indicators higher during Friday’s trading session. Market capitalisation opened the session at ₦136.435 trillion and advanced to...

Nigeria’s Domestic Assets Surge Amid Liquidity Growth, External Pressures

April 17, (THEWILL) — Nigeria’s Net Domestic Assets (NDA) recorded a strong year-on-year increase, rising by about 21 percent to ₦94.74 trillion in February 2026 from ₦78.18 trillion in the same period of 2025, reflecting expanding liquidity within...

Dangote Blames Foreign Interests for Slowing Africa’s Industrial Growth

April 17, (THEWILL) — Aliko Dangote, President of the Dangote Group, has raised concerns that entrenched foreign interests are hindering Africa’s industrialisation and delaying its path to economic self-sufficiency. Speaking at the Investing in Africa Forum during the IMF/World Bank...

Flutterwave Leads Global Talks on Scaling Africa’s $1.5tn Digital Economy

April 17, (THEWILL) — Flutterwave has convened a high-level roundtable on Africa’s digital economy, bringing together global investors, policymakers, and development institutions on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C. Held in partnership with Invest Africa...

N29.84bn Pension Contributions Trapped as Remittance Failures Persist

April 17, (THEWILL) — Nearly N30 billion in pension contributions remains uncredited to workers’ Retirement Savings Accounts (RSAs), highlighting persistent inefficiencies in Nigeria’s Contributory Pension Scheme (CPS). Data from the National Pension Commission (PenCom) shows that N29.84 billion is currently...

Nigeria Rules Out IMF Loans Despite Mounting Debt Pressures – Edun

April 17, (THEWILL) — The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said Nigeria will not seek loans from the International Monetary Fund (IMF) at this time, despite rising concerns over the country’s growing...

FCMB Taps Cultural Festivals To Boost SMEs, Deepen Market Access

April 16, (THEWILL) — First City Monument Bank is leveraging cultural platforms to drive small business growth, financial inclusion, and broader market access, positioning events like the Ibadan Cultural Festival as viable economic hubs. The bank, a lead partner of...

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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