Ogochukwu Onwaeze, THEWILL

NGX Closes Flat As Mixed Trading Leaves Index Marginally Lower

April 02, (THEWILL) — Nigeria’s equities market ended Thursday’s session on a largely flat note as modest losses in select counters offset gains recorded across several stocks. At the close of trading, the market capitalisation slipped slightly from ₦129.809...

Borrowing Squeeze Persists as Manufacturers Face Interest Rates of Up to 60%

April 02, (THEWILL) — Manufacturers in Nigeria continue to grapple with steep borrowing costs of up to 60 per cent, despite recent monetary policy easing by the Central Bank of Nigeria (CBN), according to new data from the...

NGX Chairman Urges Stronger Corporate Governance to Drive Nigeria’s Economic Growth

April 02, (THEWILL) — The Group Chairman of Nigerian Exchange Group (NGX Group), Dr. Umaru Kwairanga, has urged business leaders to place integrity and accountability at the forefront of their operations, describing both as essential to Nigeria’s economic transformation. He...

Oil Prices Spike as Trump Signals Prolonged U.S. Offensive Against Iran

April 02, (THEWILL) — Global oil prices surged sharply on Thursday after Donald Trump indicated that the United States would continue its military offensive against Iran for another two to three weeks, heightening concerns over extended supply disruptions...

Equities Gain ₦600bn As NGX Extends Rally Despite Negative Market Breadth

April 01, (THEWILL) — Nigeria’s equities market closed higher on Wednesday, as gains in selected heavyweight stocks lifted the benchmark index, even though decliners outpaced advancers during the trading session. At the close of trading on the Nigerian Exchange, the...

Banks Raise ₦4.65tn As CBN Concludes Recapitalisation Drive

April 01, (THEWILL) — The Central Bank of Nigeria (CBN) has announced the conclusion of its banking sector recapitalisation programme, revealing that Nigerian banks collectively raised ₦4.65 trillion in new capital over the 24-month exercise aimed at strengthening the...

FGN Bond Auction Sees Strong Demand, Oversubscribed by 4% in March

April 01, (THEWILL) — Nigeria’s Federal Government bond auction recorded strong investor demand in March, with total subscriptions reaching N931.5 billion about 4 percent above the N750 billion offered. Despite the oversubscription, total allotments declined by 7.4 percent to N485.49...

NGX Deepens Investor Education Drive with Student-Focused Market Safety Initiative

April 01, (THEWILL) — The Nigerian Exchange Limited has stepped up efforts to protect young investors through a targeted educational programme on market integrity and fraud prevention. The initiative, part of Global Money Week 2026, brought together over 200 students...

CBN Tightens Cybersecurity Rules for Banks, Sets Compliance Deadline

April 01, (THEWILL) — The Central Bank of Nigeria has issued a directive requiring banks and other financial institutions to strengthen their cybersecurity frameworks within a defined compliance timeline as part of efforts to protect Nigeria’s financial system from...

Expert Predicts Oil-Driven Volatility As Nigeria Eyes Gains From Rising Crude Prices

March 31, (THEWILL) — Nigeria could benefit from rising global oil prices in the week ahead, although geopolitical tensions and mixed signals from global policymakers may introduce fresh volatility into financial markets. This outlook was shared by Lukman Otunuga, the...

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

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