Joy Onuorah, THEWILL

Business

Finance Charges Drive Dangote Sugar To ₦41.5bn Profit

Joy Onuorah, THEWILL -
Dangote Sugar swung from a ₦24.27bn loss to ₦41.51bn profit in H1 2026. Revenue fell 8.9 percent, even as profit surged. Cost of sales dropped by ₦80.5bn during the period. Finance costs also fell by ₦14.55bn. August 11, (THEWILL)...
Business

How Nigerian Twins Landed Jobs At NNPC On The Same Day

Joy Onuorah, THEWILL -
Hussaini and Hassan Malami joined NNPC’s 2026 intake together. Hassan almost missed the recruitment after believing a family could have only one successful applicant. Both brothers received their employment offers on the same day. They now work in...
Business

Nigeria’s Economy In Numbers, From May 2023 To Mid-2026

Joy Onuorah, THEWILL -
Domestic refining capacity has risen from 30,000 bpd to about 700,000 bpd. Tax revenue climbed from ₦12.3trn in May 2023 to ₦27.1trn by July 2026. Nigeria recorded a ₦7.55trn trade surplus in Q1 2026. Minimum wage has risen...
Business

23 Years, One Owner, And A Telecom Empire Called Glo

Joy Onuorah, THEWILL -
Glo turns 23 with Mike Adenuga still in full control.  MTN Nigeria and Airtel Africa went public in 2019.  Glo challenged the market with cheaper calls and SIMs.  Its Glo-1 cable helped expand Nigeria’s internet capacity.  August 08, (THEWILL)...
Business

What To Know About Elon Musk’s $16.8bn Chip Factory

Joy Onuorah, THEWILL -
Tesla and SpaceX are putting $16.8bn into a massive chip factory in Texas. Terafab could eventually cost $119bn as construction expands in phases. Tesla plans to use its chips for Optimus robots and autonomous vehicles. SpaceX wants the...
Business

Global Mobility Nigerians Are Paying Millions To Buy

Joy Onuorah, THEWILL -
Nigeria accounted for the largest share of Grenada citizenship applications in Q4 2025. A Grenada passport can cost a family at least $235,000. Nigerians face limited visa-free access and high Schengen refusal rates. The EU has given five...
Business

Dangote Refinery’s $5bn IPO Could Reach South Africa After Nigeria Listing

Joy Onuorah, THEWILL -
Dangote Refinery is targeting a $5bn IPO in Nigeria. Johannesburg wants the refinery on its exchange next. Kenya could also feature in the wider fundraising plan. Dangote wants Africans to own part of the business. August 07, (THEWILL) —...
Business

Meta, GovChat And Hidden Risk Of Building On Someone Else’s Platform

Joy Onuorah, THEWILL -
Araxi says Meta's actions led to GovChat's collapse. Competition case against Meta remains before South Africa's Tribunal. Regulator alleges abuse of market dominance. Case highlights the risks of building businesses on third-party platforms. August 06, (THEWILL) — Millions of...
Business

Nigerian Author’s $2 Million Dream Deal Collapses Under AI Scrutiny

Joy Onuorah, THEWILL -
Jerry Falade's debut novel sparked a 14-publisher bidding war before the deal fell apart. His literary agency withdrew the manuscript after raising concerns about AI use. Falade insists AI was used only for research, not writing or editing. ...
Business

NAICOM Revokes Nigeria Reinsurance’s Licence In First Post-Recapitalisation Crackdown

Joy Onuorah, THEWILL -
Nigeria Reinsurance loses operating licence. NAICOM cites capital requirement breach. Muiz Banire appointed provisional liquidator. Move marks first enforcement under NIIRA 2025. August 5, (THEWILL) — Nigeria Reinsurance Corporation has become the first insurance company to lose its operating...
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About Me

https://thewillnews.com
Joy Onuorah is a business journalist and brand communications specialist covering financial markets, artificial intelligence, digital economy, and the ideas reshaping business across Africa and the global market. Beyond her reporting for TheWill, Joy uses brand strategy, storytelling, copywriting, and high-value SEO to help brands build lasting market authority.
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