Ogochukwu Onwaeze, THEWILL

Nigerian Stock Market Extends Rally As NGX Adds ₦307bn, Mid-Cap Stocks Sustain Buying Momentum

NGX gained ₦307 billion as market capitalisation rose to ₦159.119 trillion, while the All-Share Index advanced 0.19 percent to 246,659.56 points on sustained buying interest. Market breadth remained positive with 34 gainers against 22 losers, as investors accumulated...

CSCS Declares First-Ever Interim Dividend as H1 Profit Jumps 115%

CSCS has declared its first-ever interim dividend of ₦1 per share after delivering a record first-half financial performance The capital market infrastructure company reported a 115 percent increase in profit before tax to ₦13.21 billion, driven by stronger...

NGX Emerges Africa’s Second-Best Performing Stock Market With 47.4 Percent H1 Return

The Nigerian Exchange (NGX) delivered a 47.43 percent return in the first half of 2026, making it Africa's second-best performing major stock market behind only Ghana and outperforming the average return recorded across six leading African exchanges. Strong...

CBN Retains Benchmark Interest Rate at 26.5 Percent

The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, extending its cautious monetary policy stance as inflation continues to moderate and foreign exchange market conditions improve. The Monetary Policy Committee (MPC)...

10 Economic Pressures Draining Nigerians’ Wallets in 2026

July 21, (THEWILL) — Nigeria's economy has shown signs of recovery in 2026, with stronger government revenue, rising foreign reserves, improved oil production and continued reforms across several sectors. Yet for many Nigerians, the benefits remain difficult to see in...

Access Bank Moves to Support SMEs With New Digital Tool

Access Bank will host its maiden MSME Conference bringing together entrepreneurs, policymakers and technology leaders to explore how artificial intelligence can help small businesses improve productivity. The bank will also unveil the Access SME App, a new digital...

First HoldCo on Course for ₦1tn Annual Profit as H1 Earnings Jump 83.5% to ₦653.5bn

First HoldCo posted a record ₦653.5 billion pre-tax profit in the first half of 2026, driven by stronger fee income, lower impairment charges, and improved operating efficiency. The banking group restored FirstBank's Capital Adequacy Ratio ahead of schedule...

Nigerian Stock Market Gains ₦1.76trn As Banking, Insurance Stocks Drive NGX To Fresh High

Investor wealth surged by ₦1.76 trillion as renewed buying in banking, insurance and industrial stocks lifted the NGX All-Share Index to 246,183.96 points, reversing last week’s cautious trading. Custodian, NEM Insurance, BUA Cement and First Holdco topped the...

10 Major Economic Reforms Transforming Nigeria In 2026

July 20, (THEWILL) — Nigeria's economic landscape has changed significantly in 2026. Across banking, taxation, foreign exchange, digital assets, corporate governance and industrial development, regulators have accelerated reforms aimed at strengthening the economy, improving transparency and attracting investment. While some...

Nigerian Crude Rises as US-Iran Strikes Disrupt Hormuz Shipping

Nigerian crude grades strengthened after renewed US-Iran hostilities heightened fears of supply disruptions through the Strait of Hormuz, a vital global oil shipping route. European refiners are paying stronger premiums for Nigerian crude as Atlantic Basin supplies offer...

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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