Ogochukwu Onwaeze, THEWILL

June 29 (THEWILL) — Three years after the naira was floated on June 14, 2023, the country's manufacturing sector remains one of the clearest gauges of the policy's far-reaching consequences. Introduced as part of broader economic reforms aimed at...

June 29 (THEWILL) — Trading activity in Nigeria's foreign exchange market recorded a strong rebound in the final week of June, with total turnover rising by more than 22 percent, driven by increased activity in both the spot and...

June 29 (THEWILL) — The Dangote Petroleum Refinery has imported its first-ever crude oil cargoes from the United Arab Emirates, marking a significant step in its strategy to diversify feedstock sources amid persistent constraints in domestic crude supply. According to...

June 28 (THEWILL) — Nigeria's nine oil-producing states received a combined N1.58 trillion from the statutory 13 percent derivation fund between June 2025 and June 2026, highlighting how currency depreciation and elevated oil revenues have dramatically expanded sub-national finances...

June 28 (THEWILL) — The Nigerian equities market closed the week on a negative note as sustained profit-taking and cautious investor sentiment weighed on overall market performance, despite an improvement in market breadth. A total turnover of 2.324 billion shares...

June 26 (THEWILL) — The Nigerian equities market extended its losing streak on Friday as persistent sell pressure across key counters dragged market performance lower, reflecting continued cautious investor sentiment. Market capitalisation declined by ₦983 billion, closing at ₦148.905 trillion...

June 26 (THEWILL) — The Bank of Agriculture (BoA) has unveiled a comprehensive reform programme to modernise agricultural financing, expand financial inclusion in rural communities, and strengthen support for Nigeria’s food security agenda. The Managing Director and Chief Executive Officer...

June 26 (THEWILL) — Lagos retained its position as Nigeria’s largest recipient of Federation Account Allocation Committee (FAAC) disbursements in the first quarter of 2026, as the 10 highest-earning states accounted for 40.1 percent of total allocations shared during...

June 26 (THEWILL) — The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said Nigeria’s revenue challenge is not about raising tax rates but expanding the number of taxpayers through improved compliance and...

June 26 (THEWILL) — The Federal Government has officially concessioned the Akanu Ibiam International Airport in Enugu to Aero Alliance Limited under a Public-Private Partnership (PPP), marking a major step in its plan to modernise airport infrastructure and attract...