Ogochukwu Onwaeze, THEWILL

Dangote Refinery Exports 434m Litres Of Petrol As Output Exceeds Local Demand

April 16, (THEWILL) — The Dangote Petroleum Refinery exported about 434 million litres of Premium Motor Spirit (petrol) in March 2026, after production significantly outpaced domestic consumption, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Figures...

NGX Extends Rally As Market Cap Rises To ₦136.4trn

April 16, (THEWILL) — The Nigerian equities market sustained its bullish momentum as investors continued to accumulate fundamentally strong stocks, pushing key performance indicators higher at the close of trading. The market capitalisation opened the session at ₦134.772 trillion and...

Afreximbank Profit Climbs To ₦1.5trn In 2025 As Loan Growth Drives Expansion

April 16, (THEWILL) — African Export-Import Bank (Afreximbank) posted a profit of US$1.15 billion (about ₦1.5 trillion) for 2025, up from US$973.5 million (₦1.3 trillion) recorded in 2024, reflecting stronger earnings and continued balance sheet expansion. The improved performance was...

Nigerian Crude Sells Above $110, Trades at Premium Over Brent

April 16, (THEWILL) — Nigerian crude grades rebounded in Asian trading on Thursday, recovering from earlier losses and trading at a notable premium over global benchmark Brent, supported by stronger-than-expected economic data from China. Brass River, a key Nigerian...

Naira Hits Two-Month High at N1,341.99/$ Amid Renewed Market Confidence

April 16, (THEWILL) — The naira continued its upward momentum on Wednesday, closing at N1,341.99/$ at the official market its strongest level since February 18, 2026, when it traded at N1,340/$. Data from the Central Bank of Nigeria (CBN) shows...

World Bank Launches “Water Forward” Initiative To Improve Water Security For One Billion People

April 15, (THEWILL) — The World Bank Group has launched a major global initiative to improve water security for one billion people by 2030, as part of a coordinated effort to strengthen water systems, support economic productivity and expand...

NGX Extends Rally As Blue-Chips Drive Market Cap To ₦134.77trn

April 15, (THEWILL) — Trading on the Nigerian Exchange Limited closed on a strong bullish note on Wednesday, as renewed buying interest in heavyweight stocks pushed the market to fresh highs. The session opened with the market capitalisation at...

UPDATED: Nigeria’s Inflation Edges Up To 15.38 Percent In March As Monthly Price Surge Accelerates

April 15, (THEWILL) — Nigeria’s headline inflation rate rose to 15.38 percent in March 2026, up from 15.06 percent recorded in February, according to the latest data from the National Bureau of Statistics (NBS). The increase signals renewed pressure on consumer...

DisCos’ Billing Efficiency Slips to 82.03% as Q4 Revenue Losses Hit N174bn

April 15, (THEWILL) — Nigeria’s electricity distribution companies (DisCos) recorded a billing efficiency of 82.03 percent in the fourth quarter of 2025, even as the sector incurred a revenue shortfall of N174.12 billion, according to the latest report...

IMF Cuts Nigeria’s Growth Forecast, Flags Rising External Risks

April 15, (THEWILL) — The International Monetary Fund has trimmed Nigeria’s growth outlook, projecting the economy will expand by 4.1 percent in 2026 and edge up to 4.3 percent in 2027, amid mounting global uncertainties. The forecasts, contained in...

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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