Ogochukwu Onwaeze, THEWILL

Nigeria Attracts $2bn Renewable Energy Funding As REA Pushes Local Manufacturing

Nigeria has attracted nearly $2 billion in renewable energy investments over the past two years, but the REA says the country must convert the inflows into local manufacturing, skilled jobs and industrial growth. The Agency warned that expanding...

Brent Crude Drops 5 Percent As US-Iran Pause Eases Supply Fears

Brent crude fell more than 5 percent on Monday after the United States and Iran paused attacks over the weekend, raising hopes that diplomatic efforts could ease tensions in the Middle East. The decline followed weeks of sharp...

NGX Group Declares ₦1.30 Interim Dividend As H1 Profit Rises 170 Percent, Revenue Climbs 118 Percent

NGX Group declared an interim dividend of ₦1.30 per share after posting a record first-half performance, with profit before tax surging 170 percent to ₦14.76 billion. Revenue more than doubled to ₦17.60 billion, driven by a sharp increase...

The N1.7 Trillion HoldCo Challenge: Why Banking Investors Could Face New Wave of Share Dilution

July 26, (THEWILL) — Barely three months after Nigerian banks concluded one of the largest recapitalisation exercises in the country's financial history, investors are confronting the possibility of another capital call. On June 10, 2026, the Central Bank of Nigeria...

ECOWAS Ends Ghana-Nigeria Onion Trade Dispute, Pushes Long-Term Reforms

• ECOWAS has resolved the dispute over Nigerian onion trucks detained in Ghana, allowing affected consignments to be offloaded. • The Regional Observatory of Onion in West and Central Africa welcomed the intervention but warned that recurring barriers to regional...

Nigerian Stock Market Pauses Bullish Run As Presco Sell-Off Drags NGX Lower

The NGX ended the week on a softer note as profit-taking in Presco and other selected stocks pulled the benchmark index lower despite positive market breadth. CNIF led the gainers’ chart with a 10.00 percent rally, while Presco...

Private Sector Credit Jumps by N2.2tn to N83.26tn in June

Credit to Nigeria's private sector increased by N2.22 trillion in June, pushing total outstanding lending to N83.26 trillion, according to the latest data from the Central Bank of Nigeria. Private sector credit rose by about nine per cent...

Why Dangote Chose London Over Dubai for Cement Listing

Dangote Cement has opted for a secondary listing in London after ruling out Dubai, saying the UK market offers a faster and more practical route to attract global investors. The company plans to complete the listing before the...

NSIB Probes Enugu Air Runway Excursion at Benin Airport

The Nigerian Safety Investigation Bureau has launched an investigation after an Enugu Air aircraft veered off the runway while landing at Benin Airport on Thursday Aviation Minister Festus Keyamo said the aircraft experienced a runway excursion after landing...

Nigerian Stock Market Adds ₦1.58trn As Banking Stocks Drive Bullish Rally

Investors gained approximately ₦1.58 trillion as sustained buying interest in banking and consumer goods stocks lifted the NGX to another strong close. Access Holdings and First HoldCo extended their rally, while Guinness Nigeria led the gainers’ chart with...

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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