Joy Onuorah, THEWILL

Top 10 Financial Market Stories That Moved Nigeria and Global Markets Last Week

FTSE Russell’s decision to return Nigeria to its Frontier Market framework on September 21 paves the way for foreign index-tracking capital to return to local equities. The Central Bank of Nigeria pulled over N4.7 trillion from commercial banks...

US Judge Inspects Sealed FBI, Anti-Narcotics Agency Files On President Tinubu Before Deciding Public Release

The Federal Bureau of Investigation has submitted sensitive investigative files concerning Nigerian President Bola Tinubu to a United States federal judge for private review.

US Secures Majority Stake In 65 Billion Barrels Of Venezuelan Oil

Negotiated by the Secretary of State, Marco Rubio, Defence Secretary, Pete Hegseth, and Venezuelan Interim President, Delcy Rodríguez, the deal establishes a public-private partnership, giving the US an effective 55 percent stake in operations across 17 oil fields.

MTN Prepares $1.1bn Tower Carve-Out To Clear Nigerian Regulatory Hurdle

Ten years after selling off towers to cut operating costs, MTN is buying back control of IHS Towers globally while selling a 30 percent stake in IHS Nigeria to local investors.

Why Nigerian Stock Investors Are Dumping Shares To Grab 20 Percent T-Bills

Between late 2024 and mid-2026, keeping money in a Nigerian bank account or sitting on the same stock portfolio stopped making financial sense.

10 Nigerian AI Founders Building Tools for Real African Problems

Artificial intelligence is finding practical uses in Nigeria beyond chatbots and content generation. Founders are applying it to medical documentation, agriculture, pharmaceutical data, education, financial analysis, customer service and African languages.

MTN Leverages 317 Million Users to Chase Banking Licences, 150MW Data Empire

Speaking to journalists on August 25, 2026, MTN Group CEO Ralph Mupita confirmed that Africa’s largest mobile network operator is actively exploring deposit-taking banking licences in select operating markets.

Beyond Oil And Big Tech, MTN Bets On Local Roots For SA-Nigeria Trade

The corporate ties between Nigeria and South Africa have long been defined by a simple, lopsided binary. Crude oil flows south, while multinational giants push north. MTN Nigeria wants to rewrite that script. Sponsoring the Nigeria-South Africa Chamber of Commerce (NSACC) Breakfast Forum at Eko Hotel on August 27, the telecom operator is shifting the bilateral conversation away from high-level trade policy and straight into local supply chains.

Moniepoint Winds Down MonieWorld 16 Months After UK Remittance Launch

The company told customers on August 25 that MonieWorld was entering a transition period as Moniepoint redirected strategic resources towards financial tools for businesses across Africa. The service remains operational for now, with customers expected to receive further information about the closure timeline and any changes affecting their accounts and transactions.

Rising Petrol Costs Drive Renewed CNG Adoption As Banks Finance Vehicle Conversions

Oil marketers said some financial institutions are partnering with vehicle owners and prospective CNG users to finance cylinder installations, reducing the upfront cost of switching from petrol.

About Me

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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