Ogochukwu Onwaeze, THEWILL

Cash Outside Banks Falls by N198bn as Money Supply Declines

March 16, (THEWILL) — Currency held outside Nigeria’s banking system dropped by about ₦198 billion, reflecting a slight moderation in cash demand and tightening liquidity conditions in the financial system. Latest money and credit statistics released by the Central Bank...

Tariff Removal on Chinese Imports to Save Nigeria $1.4bn Yearly

March 16, (THEWILL) — Nigerian manufacturers and other import-dependent businesses are expected to save about $1.4 billion annually following the removal of tariffs on selected Chinese imports, a development aimed at reducing production costs and boosting industrial growth. The tariff...

BUA Cement, Conoil Power NGX to Weekly Gain as Market Rises 0.73 Percent

March 15, (THEWILL) — A total turnover of 3.321 billion shares worth ₦164.845 billion was traded this week by investors on the floor of the Nigerian Exchange Group, in contrast to a total of 3.695 billion shares valued at...

Champion Breweries Profit Surges 119% Following Bullet Acquisition

March 15, (THEWILL) — Champion Breweries Plc delivered a record financial performance in 2025, reporting strong revenue growth, sharply improved profitability and a significantly expanded balance sheet, following the strategic acquisition of the Bullet beverage brand. The brewer’s audited results...

Cardoso: Reforms Built Over Two Years Put Nigeria in Strong Position to Weather Global Shocks

March 13, (THEWILL) — Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Thursday said the macroeconomic reforms and policy buffers built over the past two years have placed Nigeria in a stronger position to...

Equities Market Closes Higher as Guinness and UPL Lead Gains

March 13, (THEWILL) — The Nigerian equities market ended the week on a bullish note on Friday, with renewed buying interest across select counters lifting key market indicators. The market cap opened at ₦126.398 trillion and closed at ₦127.360...

Nigeria’s Telcos Confront Tough Realities In Fintech Expansion

March 13, (THEWILL) — Nigeria’s telecommunications operators are increasingly expanding into financial services, but their ambitions to dominate the fintech space are meeting the realities of a highly competitive and tightly regulated market. Over the past few years, major telecom...

OPay Addresses Report Of Office Closure, Says NRS Notice Affects Entire Fintech Industry

March 13, (THEWILL) — Fintech firm, OPay, has reacted to reports suggesting that its offices were shut down by Nigeria’s tax authorities, clarifying that the development relates to a broader regulatory notice affecting multiple operators in the financial technology...

PalmPay’s Purple Woman 3.0 Boosts Female Tech Talent, Awards 10 Internships

March 13, (THEWILL) — PalmPay has reaffirmed its commitment to gender inclusion in the tech ecosystem with the third edition of its Purple Woman programme, Purple Woman 3.0, to empower young women with digital and technical skills. The initiative focuses...

Banks Park Nearly ₦7trn In Excess Liquidity With CBN

March 13, (THEWILL) — Nigeria’s banking sector witnessed a significant surge in excess liquidity this week as commercial banks deposited nearly ₦7 trillion with the Central Bank of Nigeria through its Standing Deposit Facility (SDF). The development highlights 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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