Ogochukwu Onwaeze, THEWILL

July 9 (THEWILL) — Lagos and the Federal Capital Territory (FCT) account for more than 18 percent of Nigeria’s fibre-optic network, highlighting the concentration of digital infrastructure in the country’s commercial and administrative hubs, while many states continue to...

July 9 (THEWILL) — Nigeria’s capital market has received a fresh vote of confidence after S&P Dow Jones Indices (S&P DJI) placed the country on its 2027 Country Classification Watchlist for a possible reclassification from a Standalone Market to...

July 9 (THEWILL) — ExxonMobil and its partners have committed $1 billion to the Usan Infill Project in Nigeria's offshore oil sector, with the investment expected to increase the country's crude oil production by about 40,000 barrels per day. The...

July 9 (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it is ending the practice of financing the Port Harcourt and Warri refineries with crude-backed loans, as it shifts to a commercial funding model aimed at...

July 9 (THEWILL) — Climate-related risks could increasingly weigh on the financial health of Nigerian banks over the coming decades, with rising exposure to vulnerable sectors likely to weaken credit quality and increase loan losses, according to Fitch Ratings. In...

July 8 (THEWILL) — The Nigerian Exchange (NGX) sustained its bullish momentum on Wednesday as renewed buying interest in large-cap and banking stocks lifted investors’ wealth by ₦3.45 trillion, with the benchmark All-Share Index (ASI) climbing above the 242,000-point...

July 8 (THEWILL) — Premium Pension Limited and Trustfund Pensions Limited have proposed a merger that would create Nigeria's third-largest Pension Fund Administrator (PFA), subject to regulatory approvals. The proposed transaction was disclosed in a merger notification published on Tuesday...

July 8 (THEWILL) — Premium Pension Limited and Trustfund Pensions Limited have proposed a merger that would create Nigeria's third-largest Pension Fund Administrator (PFA), subject to regulatory approvals. The proposed transaction was disclosed in a merger notification published on Tuesday...

July 8 (THEWILL) — Average annual rent for a two-bedroom apartment in Lekki Phase 1 has climbed to ₦10 million, making it the fastest-growing residential rental market among Lagos Island's prime neighbourhoods over the past five years. This is according...

July 8 (THEWILL) — Shareholders of FCMB Group Plc have approved a total dividend payout of ₦23.08 billion for the 2025 financial year, following the company's strong earnings performance and sustained growth across its business segments. The approval was granted...