Ogochukwu Onwaeze, THEWILL

Nigeria’s Public Debt Hits N159.28trn in 2025, Driven by Domestic Borrowing

April 15, (THEWILL) — Nigeria’s total public debt rose to N159.28 trillion as of December 31, 2025, according to the Debt Management Office (DMO), highlighting continued reliance on domestic financing to fund fiscal gaps. The latest figures show a...

NGX Extends Rally As Market Cap Hits ₦132.49trn

April 14, (THEWILL) — The Nigerian equities market closed Tuesday’s session on a strong bullish note, as sustained demand across key mid- and large-cap stocks pushed market indicators further into positive territory. Market capitalisation rose from ₦131.608 trillion to...

Ecobank Posts ₦1.21trn Pretax Profit As Deposits Climb To ₦36.4trn

April 14, (THEWILL) — Transnational Incorporated Plc has reported a pretax profit of ₦1.21 trillion for the year ended December 31, 2025, marking a 23.6 percent increase from ₦986.6 billion recorded in 2024. The audited results, released on the Nigerian...

Insurance Premiums Surge 47.3 Percent To ₦2.3trn As Claims Payout Dips

April 14, (THEWILL) — Nigeria’s insurance industry recorded a strong 47.3 percent year-on-year growth in Gross Premium Written (GPW), rising to ₦2.301 trillion in 2025 from ₦1.558 trillion in 2024, according to the National Insurance Commission (NAICOM). In its latest...

Lafarge Convicted Of Terror Financing Over $6.5m Payments To Extremist Groups

April 14, (THEWILL) — French cement giant, Lafarge, has been found guilty of financing terrorism after transferring $6.5 million to armed groups between 2013 and 2014 to sustain its operations in war-torn Syria. The landmark ruling, delivered on Monday by...

Africa Stuck at 4–6 Percent of Global Investment as Manufacturing Gaps Persist

April 14, (THEWILL) — The Pan-African Manufacturers Association has warned that Africa’s share of global Foreign Direct Investment (FDI) remains stalled between four and six per cent, underscoring the continent’s limited role in global manufacturing. In its March 2026 Manufacturing...

Nigeria, Morocco Move to Seal $25bn Transcontinental Gas Pipeline Deal

April 14, (THEWILL) — Nigeria and Morocco are set to advance their long-anticipated transcontinental gas pipeline project, with both countries preparing to sign an intergovernmental agreement later this year, according to a Reuters report on Monday. The agreement is expected...

Sanwo-Olu: Lagos Youths Generate N4.5trn Annually, Drive Economic Growth

April 14, (THEWILL) — Lagos State Governor, Babajide Sanwo-Olu, has revealed that youths in the state contribute an estimated N4.5 trillion annually to its Gross Domestic Product (GDP), underscoring their critical role in driving economic growth and innovation. The governor...

Nigeria’s Crude Output Falls Short of OPEC Target for Eighth Straight Month

April 14, (THEWILL) — Nigeria’s crude oil production remained below its quota set by the Organisation of the Petroleum Exporting Countries (OPEC), extending a streak of underperformance to eight consecutive months. According to OPEC’s April Monthly Oil Market Report, the...

Dangote Refinery Targets Record $5bn IPO As Landmark Listing Approaches

April 13, (THEWILL) — Nigeria’s foremost industrialist, Aliko Dangote, is advancing plans to launch what could become Africa’s largest initial public offering, as Dangote Petroleum Refinery & Petrochemicals prepares to raise to $5 billion from investors. The highly anticipated share...

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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