Ogochukwu Onwaeze, THEWILL

Chinese Investment In Nigeria Falls 41 Percent Despite $20bn Investment Commitments

Chinese capital inflows into Nigeria fell 40.9 percent to $5.55 million in the first quarter of 2026, despite the Federal Government's announcement of more than $20 billion in investment commitments. China's share of Nigeria's total capital importation weakened...

NAICOM Recapitalisation: Insurers Race To Beat July 31 Deadline As Over 70 Percent Clear Verification

More than 70 percent of insurance companies have completed NAICOM's independent capital verification exercise, clearing one of the final regulatory hurdles ahead of the July 31 recapitalisation deadline. Most operators have also met the statutory deposit requirement with...

Nigerian Stock Market Slips as Profit-Taking Offsets Gains in Mid-Cap Stocks

The NGX began the week on a softer note as profit-taking in selected stocks nudged the benchmark index lower despite gains in 28 equities. CNIF led the gainers’ chart with a 9.95 percent rally, while SUNU Assurances and...

Women-Owned Businesses Repay SME Loans Better Than Men – Moniepoint Report Finds

Women-owned businesses recorded loan default rates that were 2.5 times lower than those of male-owned businesses, reinforcing evidence that female entrepreneurs are among Nigeria's most reliable borrowers. Lending to women-owned businesses grew by more than 300% in 2025,...

Nigeria Attracts $2bn Renewable Energy Funding As REA Pushes Local Manufacturing

Nigeria has attracted nearly $2 billion in renewable energy investments over the past two years, but the REA says the country must convert the inflows into local manufacturing, skilled jobs and industrial growth. The Agency warned that expanding...

Brent Crude Drops 5 Percent As US-Iran Pause Eases Supply Fears

Brent crude fell more than 5 percent on Monday after the United States and Iran paused attacks over the weekend, raising hopes that diplomatic efforts could ease tensions in the Middle East. The decline followed weeks of sharp...

NGX Group Declares ₦1.30 Interim Dividend As H1 Profit Rises 170 Percent, Revenue Climbs 118 Percent

NGX Group declared an interim dividend of ₦1.30 per share after posting a record first-half performance, with profit before tax surging 170 percent to ₦14.76 billion. Revenue more than doubled to ₦17.60 billion, driven by a sharp increase...

The N1.7 Trillion HoldCo Challenge: Why Banking Investors Could Face New Wave of Share Dilution

July 26, (THEWILL) — Barely three months after Nigerian banks concluded one of the largest recapitalisation exercises in the country's financial history, investors are confronting the possibility of another capital call. On June 10, 2026, the Central Bank of Nigeria...

ECOWAS Ends Ghana-Nigeria Onion Trade Dispute, Pushes Long-Term Reforms

• ECOWAS has resolved the dispute over Nigerian onion trucks detained in Ghana, allowing affected consignments to be offloaded. • The Regional Observatory of Onion in West and Central Africa welcomed the intervention but warned that recurring barriers to regional...

Nigerian Stock Market Pauses Bullish Run As Presco Sell-Off Drags NGX Lower

The NGX ended the week on a softer note as profit-taking in Presco and other selected stocks pulled the benchmark index lower despite positive market breadth. CNIF led the gainers’ chart with a 10.00 percent rally, while Presco...

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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