Ogochukwu Onwaeze, THEWILL

June 25 (THEWILL) — The Nigerian equities market closed lower on Thursday, as sustained profit-taking and weak investor sentiment pushed key performance indicators further into negative territory. Market capitalisation declined by ₦958 billion to close at ₦149.888 trillion, down from...

June 25 (THEWILL) — TotalEnergies Marketing Nigeria Plc has outlined a strategic recovery plan to restore profitability and strengthen its market position amid sweeping changes in Nigeria’s downstream petroleum sector triggered by the emergence of domestic refining capacity. Speaking at...

June 25 (THEWILL) — The Central Bank of Nigeria (CBN) has directed banks, payment service banks, and other financial institutions to immediately freeze all accounts, assets, and transactions linked to six individuals and four Bureau De Change (BDC) operators...

June 25 (THEWILL) — The Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA) has called for the establishment of a unified African cocoa producers’ bloc and the adoption of a minimum cocoa price of $6,000 per metric tonne...

June 25 (THEWILL) — The naira recorded its sharpest single-day decline since April after closing at N1,389 per dollar at the official foreign exchange market on June 24, 2026, amid renewed strength in the U.S. dollar across global markets. Data...

June 24 (THEWILL) — The average retail price of Automotive Gas Oil (diesel) climbed to ₦3,277.47 per litre in May 2026, representing a sharp 32.44 percent increase within one month and an 86.40 percent rise year-on-year, according to data...

June 24 (THEWILL) — The average retail price of Premium Motor Spirit (PMS), popularly known as petrol, rose to ₦1,596.25 per litre in May 2026, highlighting the continued pressure of fuel costs on households and businesses despite signs of...

June 24 (THEWILL) — Nigerian households received only marginal relief in cooking fuel costs in May 2026, as the average retail price of household kerosene declined slightly from the previous month, but remained significantly higher than levels recorded a...

June 24 (THEWILL) — The Nigerian Exchange (NGX) closed sharply lower on Wednesday, as heavy selloffs in major cement and insurance stocks triggered a broad market decline, wiping ₦3.64 trillion off investors’ wealth. Market capitalisation fell from ₦154.484 trillion at...

June 24 (THEWILL) — Data from the Central Bank of Nigeria shows that credit to the Federal Government rose sharply over the 12 months to May 2026, underscoring continued public sector borrowing amid tight monetary conditions. Total credit to government...