Ogochukwu Onwaeze, THEWILL

REA Unveils 60.82MW Renewable Power Rollout Across Six States, Deepens Off-Grid Energy Push

The Rural Electrification Agency has expanded its nationwide renewable energy programme to 60.82MW across six states. The latest 13.92MW interconnected hybrid solar project in Yobe builds on earlier projects in Kogi, Rivers, Adamawa, Kebbi and Plateau. REA says...

Nigerian Stock Market Adds ₦71bn As Insurance Stocks Keep Investors Interested

Nigerian equities market adds ₦71 billion as buying interest in insurance stocks keeps the benchmark index in positive territory. LINKASSURE, AVACAP and FTGINSURE lead the gainers’ chart, while losses in Honeywell Flour, PZ and ZICHIS weigh on market...

Indimi Seeks to Join Appeal Over $43.5m Dividend Judgement In Daughters’ Suit

Muhammadu Indimi has asked the Court of Appeal to join Oriental Energy’s appeal against the $43.51 million judgement awarded to his twin daughters. The dispute centres on claims that Zara and Ameena Indimi’s combined shareholding in the company...

CBN Says Naira FX Gap Narrows Below 2 Percent as Reforms Gain Traction

CBN says reforms have reduced the gap between official and Bureau de Change exchange rates to below two per cent. External reserves remain above $52 billion despite a recent pullback, with the apex bank citing stronger investor confidence. ...

Nigeria Takes The Lead in Africa’s Renewable Energy Skills Race, says Tinubu

Tinubu says Nigeria has become Africa’s leader in renewable energy skills development with the launch of the continent’s first Barefoot Renewable Energy College. New institution will train technicians, installers and maintenance professionals with globally recognised certifications to drive...

NGX Extends Losing Streak As Investors Lose ₦599bn Amid Broad Market Sell-Off

Investors lost ₦599 billion as heavy profit-taking dragged the benchmark index lower, with the market recording a negative breadth of 13 gainers against 42 losers. AVA Capital, NREIT and Livestock Feeds topped the gainers’ chart, but their advances...

Tinubu Calls For China Marine Data Partnership to Grow Nigeria’s Blue Economy

President Bola Tinubu has invited China to partner with Nigeria through geophysical data sharing to unlock opportunities in the country's marine economy. Nigeria says technology transfer and marine intelligence will deliver greater long-term economic value than traditional development...

Nigeria, Israel Move to Deepen Security, Technology, Trade Partnership

Nigeria and Israel have reaffirmed their commitment to expanding cooperation in security, technology, agriculture, healthcare and trade. Foreign Affairs Minister Bianca Odumegwu-Ojukwu said Nigeria is seeking Israeli expertise in counter-terrorism, intelligence and border security. Nigeria's new Ambassador to...

NEC Approves $4.5bn Oil-Backed Loan Refinancing, Unlocks $3bn Fresh Liquidity

The National Economic Council has approved a $4.5bn refinancing of the Project Gazelle oil-backed loan, replacing the 2023 $3.3bn facility. The refinancing will unlock about $3bn in fresh liquidity while reducing the volume of crude pledged as collateral...

Invest With N5,000 as DMO’s August Savings Bond Offers Nearly 15 Percent Returns

The Debt Management Office has opened subscriptions for its August 2026 savings bond, offering annual returns of up to 14.963 percent. Nigerians can invest from N5,000, with subscriptions closing on August 7 and settlement scheduled for August 12. ...

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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