Ogochukwu Onwaeze, THEWILL

Standard Chartered expects the CBN to cut interest rates by only 150 basis points in 2026. The bank now forecasts the Monetary Policy Rate (MPR) will end 2026 at 25 percent, citing persistent inflation. Inflation is now projected...

Nigeria's crude oil production rose to 1.56 million barrels per day, its highest level since April 2020. The country exceeded its OPEC quota for the second consecutive month, achieving 104 percent compliance. The milestone has reignited questions about...

Brent crude climbed above $77 per barrel after renewed U.S.-Iran hostilities reignited supply disruption concerns. Iran announced the closure of the Strait of Hormuz, while vessel traffic through the key oil transit route fell sharply. Higher crude prices...

July 13, (THEWILL) — Nigeria’s crude oil production rose to a 74-month high in June 2026, surpassing the Organisation of the Petroleum Exporting Countries’ production quota for the fourth consecutive month as improved operational stability boosted output. Data released...

July 13, (THEWILL) — Nigeria’s foreign exchange market recorded its steepest weekly decline in turnover this year, with total transactions across the FX Spot and Derivatives markets falling 46.57 percent to $1.631 billion in the week ended July 10,...

July 12, (THEWILL) — Nigeria’s private sector has launched the Nigeria Gender Country Programme (NGCP), a new initiative aimed at expanding women’s participation in leadership, employment, entrepreneurship and finance as part of efforts to strengthen business competitiveness and drive...

July 12, (THEWILL) — Nigeria has risen to become the top-performing stock market globally, achieving an outstanding record that has pushed tech-centric South Korea into the second position – a rank that Nigeria maintained at the conclusion of the...

July 12, (THEWILL) — When the Federal Capital Territory High Court recently ruled that the Economic and Financial Crimes Commission (EFCC) defamed former Minister of Power, Dr. Olu Agunloye, by publishing that he was being arraigned over a “$6...

July 12, (THEWILL) — Dangote Cement Plc has reaffirmed its commitment to low-carbon cement production, calling on African manufacturers to accelerate decarbonisation while expanding capacity to meet the continent's growing infrastructure needs. The call was made by the Group Managing...

July 10 (THEWILL) — The Nigerian Exchange (NGX) closed marginally lower on Friday. Market capitalisation declined by ₦103 billion to close at ₦156.444 trillion, from ₦156.547 trillion at the previous session. Similarly, the All-Share Index (ASI) fell by 159.97 points,...