Ogochukwu Onwaeze, THEWILL

Nigeria Takes The Lead in Africa’s Renewable Energy Skills Race, says Tinubu

Tinubu says Nigeria has become Africa’s leader in renewable energy skills development with the launch of the continent’s first Barefoot Renewable Energy College. New institution will train technicians, installers and maintenance professionals with globally recognised certifications to drive...

NGX Extends Losing Streak As Investors Lose ₦599bn Amid Broad Market Sell-Off

Investors lost ₦599 billion as heavy profit-taking dragged the benchmark index lower, with the market recording a negative breadth of 13 gainers against 42 losers. AVA Capital, NREIT and Livestock Feeds topped the gainers’ chart, but their advances...

Tinubu Calls For China Marine Data Partnership to Grow Nigeria’s Blue Economy

President Bola Tinubu has invited China to partner with Nigeria through geophysical data sharing to unlock opportunities in the country's marine economy. Nigeria says technology transfer and marine intelligence will deliver greater long-term economic value than traditional development...

Nigeria, Israel Move to Deepen Security, Technology, Trade Partnership

Nigeria and Israel have reaffirmed their commitment to expanding cooperation in security, technology, agriculture, healthcare and trade. Foreign Affairs Minister Bianca Odumegwu-Ojukwu said Nigeria is seeking Israeli expertise in counter-terrorism, intelligence and border security. Nigeria's new Ambassador to...

NEC Approves $4.5bn Oil-Backed Loan Refinancing, Unlocks $3bn Fresh Liquidity

The National Economic Council has approved a $4.5bn refinancing of the Project Gazelle oil-backed loan, replacing the 2023 $3.3bn facility. The refinancing will unlock about $3bn in fresh liquidity while reducing the volume of crude pledged as collateral...

Invest With N5,000 as DMO’s August Savings Bond Offers Nearly 15 Percent Returns

The Debt Management Office has opened subscriptions for its August 2026 savings bond, offering annual returns of up to 14.963 percent. Nigerians can invest from N5,000, with subscriptions closing on August 7 and settlement scheduled for August 12. ...

NRS Unveils Tax Rules For Cryptocurrency, Virtual Asset Transactions

The Nigeria Revenue Service has issued new guidelines outlining the tax treatment of cryptocurrency and other virtual asset transactions under the 2025 tax laws. The framework sets out registration, reporting, valuation and record-keeping requirements for taxpayers, Virtual Asset...

Otedola Eyes Majority Control Of First Holdco, Says Personal Investment Tops ₦600bn

Femi Otedola says he has invested more than N600 billion of his personal wealth in First HoldCo and signalled plans to increase his stake beyond 51 percent. The billionaire said First Bank was on the brink of regulatory...

NGX Gains ₦288bn As Eterna, Caverton Drive Monday Rally

Investors gained ₦288 billion as the NGX opened the week higher, with the All-Share Index climbing 446.85 basis points. Eterna and Caverton rallied by the maximum 10 percent to lead the gainers’ chart, while buying interest in Omatek,...

Mobile Money Transactions Jump 81% to N372tn as Digital Payments Accelerate – CBN

Mobile money transactions rose 81.3 percent to N372.14 trillion in 2025, while transaction volume climbed 65.8 percent to 28.74 billion, according to the CBN. The apex bank attributed the growth to expanding agent networks, wider adoption of digital...

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.
859 POSTS
0 COMMENTS