Ogochukwu Onwaeze, THEWILL

FTSE Russell Reinstates Nigeria As Frontier Market, Signalling Renewed Global Investor Access

April 08, (THEWILL) — Nigeria has regained its Frontier Market classification by FTSE Russell, marking a key milestone in the country’s return to global equity benchmarks and strengthening the visibility of its capital market among international investors. The reclassification...

CBN Plans DFI Overhaul To Bridge ₦130trn MSME Financing Gap

April 08, (THEWILL) — The Central Bank of Nigeria (CBN) has unveiled plans to recapitalise and restructure development finance institutions (DFIs) to address a widening ₦130 trillion funding gap facing micro, small and medium enterprises (MSMEs). The Deputy Governor for...

Eterna Posts 53 Percent Profit Surge, Strengthens Balance Sheet In 2025

April 08, (THEWILL) — Eterna Plc has reported a strong financial performance for the year ended December 31, 2025, with a significant rise in profitability and a more robust balance sheet position. The company posted revenue of ₦302.37bn, while profit...

Customs Intercepts Over 635,000 Litres Of Smuggled Petrol In Six-Month Crackdown

April 08, (THEWILL) — The Nigeria Customs Service (NCS), under Operation Whirlwind, has intercepted no fewer than 635,132 litres of Premium Motor Spirit (PMS) in a sustained anti-smuggling campaign spanning six months, from October to date. A review of official...

Zenith Bank’s Fee and Commission Income Hits N291.8bn in 2025

April 07, (THEWILL) — Zenith Bank recorded a strong performance in fee-based income for the 2025 financial year, raking in N291.8 billion from commissions and related charges. This was disclosed in the bank’s audited financial results released on Tuesday,...

NGX Resumes Trading on Positive Note as Market Cap Rises to ₦130.014tn

April 07, (THEWILL) — The Nigerian equities market resumed trading on Tuesday on a positive note following the public holiday, as investors pushed key indicators higher despite mixed sentiment across stocks. At the close of trading, the market capitalisation advanced...

Dangote Refinery Expands Fuel, Fertiliser Exports As Iran War Disrupts Supply

April 07, (THEWILL) — Aliko Dangote has announced a significant increase in fuel and fertiliser exports from the Dangote Group to African markets affected by supply disruptions linked to the Iran war. Speaking during a tour of the Dangote Petroleum...

PiggyVest Hits ₦3trn Payout Milestone As It Marks 10 Years Of Financial Innovation

April 07, (THEWILL) — PiggyVest, a leading digital savings and investment platform in Nigeria, has surpassed ₦3 trillion in total payouts to its users, underscoring its growing influence in the country’s financial ecosystem. The milestone coincides with the company’s 10th...

Nigeria’s Business Confidence Slows Sharply Despite Marginal Expansion In March

April 07, (THEWILL) — Nigeria’s business environment remained in expansion territory in March 2026, but momentum weakened significantly as economic pressures intensified. This is according to the latest Business Confidence Monitor (BCM) released by the Nigerian Economic Summit Group (NESG),...

Nigeria’s $850m Foreign Cloud Reliance Raises Fintech Risk Amid Global Tensions

April 07, (THEWILL) — Nigeria is spending an estimated $850 million annually on foreign cloud infrastructure, embedding its fast-growing digital economy in systems located thousands of kilometres away and increasingly exposed to geopolitical shocks. That vulnerability came into focus 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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