Ogochukwu Onwaeze, THEWILL

NNPC Saves $3.4bn Through Contract Optimisation, Remits N19.5tn to Federation in 14 Months

July 8 (THEWILL) — The Nigerian National Petroleum Company (NNPC) Limited says it saved $3.4 billion through contract restructuring and optimisation between April 2025 and July 2026, while remitting N19.5 trillion to the Federation Account during the same period. Group...

NGX Extends Rally As Investors Gain ₦1.86trn On Sustained Buying Interest

July 07, (THEWILL) — The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, adding ₦1.86 trillion to investors’ wealth. Market capitalisation appreciated by 1.24 percent to ₦152.135 trillion, from ₦150.271 trillion recorded at Monday’s close, while the benchmark All-Share...

Africa Business Summit Highlights AfCFTA Opportunities, Honours Outstanding Leaders

July 07, (THEWILL) — The 2026 100 Most Notable Africans Leadership and Business Summit has reinforced the importance of the African Continental Free Trade Area (AfCFTA), with participants calling for stronger regional collaboration, increased cross-border investment and deeper intra-African...

China Plans Curbs On Overseas Access To Advanced AI Models

July 07, (THEWILL) — China is considering restricting overseas access to its most advanced artificial intelligence (AI) models, in a move that underscores Beijing's growing view of AI as a strategic national security asset. According to Reuters, Chinese authorities have...

NIN Enrolment Reaches 136 Million as FG Begins Implementation of New NIMC Act

July 07, (THEWILL) — National Identification Number (NIN) enrolment has risen to 136 million, marking a significant milestone in Nigeria's efforts to build a unified digital identity system and expand access to government services. The National Identity Management Commission...

FG Suspends New Digital Platform Regulations Pending Policy Harmonisation

July 07, (THEWILL) — The Federal Government has directed key digital sector regulators to suspend the implementation and enforcement of new regulations affecting internet platforms and other cross-cutting digital economy issues, pending the completion of a policy harmonisation...

DMO Opens July FGN Savings Bond Offer at 15.716%, Highest Interest Rate in 2026

July 7 (THEWILL) — The Debt Management Office (DMO) has opened subscriptions for the July 2026 Federal Government of Nigeria (FGN) Savings Bond, offering investors annual returns of up to 15.716 percent, the highest rate since the beginning of...

NAICOM Bars Insurers With Unpaid Claims From Re-Licensing After Recapitalisation

July 7 (THEWILL) — The National Insurance Commission (NAICOM) has directed insurance companies to settle all outstanding discharged claims before the conclusion of the ongoing recapitalisation exercise, warning that firms that fail to comply will not be re-licensed. The directive...

FG’s Electricity Subsidy Bill Falls 14% to N358.3bn in Q1 2026 – NERC

July 7 (THEWILL) — The Federal Government incurred an electricity tariff subsidy of N358.32 billion in the first quarter of 2026 as it continued to bridge the gap between cost-reflective electricity tariffs and the rates paid by consumers, according...

NGX Rebounds Strongly As Investors Gain ₦3.17trn

July 6, (THEWILL) — The Nigerian Exchange (NGX) kicked off the new trading week on a bullish note, adding ₦3.17 trillion to investors’ wealth. Market capitalisation appreciated by 2.15 percent to ₦150.271 trillion, from ₦147.102 trillion recorded at Friday’s close,...

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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