Ogochukwu Onwaeze, THEWILL

Market capitalisation declined by ₦556 billion, from ₦155.973 trillion at the opening to ₦155.417 trillion at the close. The NGX All-Share Index fell by 860.76 points, from 241,611.23 to 240,750.47. Market breadth was evenly matched, with 27 gainers...

FMDQ Exchange has approved the quotation of Ojaja Pan Africa Limited’s ₦25.53 billion commercial papers under its ₦100 billion issuance programme. The approved papers comprise ₦4.80 billion Series 1, ₦1.36 billion Series 2 and ₦19.37 billion Series 3...

Retired military personnel protested in Abuja over delays in adjusting their pensions to reflect salary increases approved for serving personnel. The protesters said the delay was creating disparities between the pensions of earlier retirees and recently retired personnel. ...

Nigeria mobilised ₦15.8 trillion from petrol subsidy savings between June 2023 and December 2025, according to Finance Minister Taiwo Oyedele. The Federal Government received ₦5.4 trillion, while ₦10.4 trillion was shared among states and local governments. Oyedele said...

Dangote Refinery has secured a $1 billion underwriting programme comprising a funded $600 million private placement and a further $400 million commitment linked to its planned IPO. The programme strengthens the refinery’s capital-market position ahead of its proposed...

Standard Bank is considering a stake in OPay ahead of the fintech’s proposed US IPO, which could value the company at about $4 billion. OPay’s Nigerian business accounted for 88.1 percent of its revenue in 2025, while gross...

Pastor Chris Oyakhilome has unveiled three electric vehicle series — Falcon, Passion and OG — sparking a heated debate among Nigerians online. Supporters praised the move as an example of churches contributing to innovation, while critics questioned the...

BOI’s ₦250 billion Series 1 fixed-rate bond was oversubscribed within five working days. The bank says strong demand reflects investor confidence in BOI and Nigeria’s domestic capital market. A ₦100 billion government-approved fund will help BOI cushion borrowing...

Market capitalisation declined by ₦544 billion, from ₦156.517 trillion at the opening to ₦155.973 trillion at the close. The NGX All-Share Index fell by 843.42 points, from 242,454.65 to 241,611.23. Market breadth remained firmly negative, with 22 gainers...

FCCPC says Nigeria’s cement prices may not be fully explained by production costs and market conditions. A 50kg bag of cement reached as high as ₦15,000 in some Nigerian markets, compared with about ₦7,344 in Kenya and ₦9,180...