Ogochukwu Onwaeze, THEWILL

BOA is expanding support for women farmers beyond loans to include agricultural inputs, mechanisation, agronomic support and market access. Only 3 percent of female farmers in Nigeria are formally enrolled in financial systems, compared with 10 percent of...

Nigeria’s headline inflation fell to 15.43 Percent in July from 15.91 percent in June, while monthly inflation also eased to 1.57 Percent. Food inflation, however, accelerated sharply to 5.56 percent month-on-month from 3.75 percent in June, driven by...

Nigeria’s net foreign exchange flow fell 29 percent month-on-month to $4.94 billion in March 2026 as total FX outflows more than doubled. CBN data showed outflows jumped from $2.50 billion in February to $5.54 billion in March, while...

The EFCC has recovered and transferred $60 million from Nestoil Limited to a consortium of creditor banks as part of an ongoing investigation into the company’s transactions with its lenders. The payment follows a structured repayment plan agreed...

August 17, (THEWILL) — Nigeria’s external reserves have climbed above $52 billion, reaching their highest level in about 17 years, but the naira has not responded with a corresponding surge. The apparent disconnect highlights an important reality about Nigeria’s...

President Bola Tinubu insists the Port Harcourt, Warri and Kaduna refineries will return to operation and says his administration will take responsibility for making them profitable. Former President Olusegun Obasanjo argues that private-sector participation is a better model,...

Market capitalisation declined by N257 billion, from N156.880 trillion at the opening to N156.623 trillion at the close. The NGX All-Share Index fell by 398.18 points, from 243,017.38 to 242,619.20. Market breadth remained negative, with 21 gainers against...

Investors submitted ₦4.93trn for just ₦600bn of OMO bills, underscoring the strong appetite for CBN’s high-yielding securities. The auction was oversubscribed by more than eight times. The 138-day OMO bill attracted ₦3.66trn in bids against ₦300bn offered, with...

Investors placed ₦498.6bn worth of bids for Dangote Sugar’s rights issue, exceeding the ₦485.9bn offer by ₦12.7bn. The strong demand pushed the offer into oversubscription. The company received 14,595 valid applications for 8.31bn shares, representing a 102.6 percent...

Dangote Petroleum Refinery plans to prioritise its Nigerian IPO before considering a listing on an overseas exchange. CEO David Bird says the company wants at least three years of production and financial performance to establish a stronger track...