Ogochukwu Onwaeze, THEWILL

Oil Prices Hit Lowest Level Since US-Iran Conflict On Supply Recovery Hopes

June 19 (THEWILL) — Oil prices fell sharply on Thursday, dropping to their lowest levels since the outbreak of the US-Iran conflict as easing geopolitical tensions improved expectations for global crude supply. According to Reuters, Brent crude futures fell by...

FG Targets 1.1 Million Tonnes Of Fertiliser For Farmers In 2026 Despite Global Supply Challenges – Tinubu

June 19 (THEWILL) — President Bola Ahmed Tinubu has said the Federal Government remains on course to deliver a 1.1 million metric tonnes fertiliser programme to Nigerian farmers in 2026, as part of efforts to boost agricultural productivity and...

Nigerian Marketers Increasingly Re-Import Dangote Fuel Through Togo’s Lomé Hub – S&P Global

June 19 (THEWILL) — Nigerian fuel marketers are increasingly importing refined petroleum products originating from the Dangote Petroleum Refinery through the offshore ship-to-ship trading hub in Lomé, according to an official of S&P Global Commodity Insights. Speaking at a webinar...

NGX Extends Losing Streak as Investors Shed ₦2.18tn

June 18 (THEWILL) — The Nigerian Exchange (NGX) closed lower on Thursday as sustained sell pressure across key counters dragged market performance deeper into negative territory, wiping off approximately ₦2.18 trillion from investors’ wealth. Market capitalisation declined from ₦154.445 trillion...

Standard Bank Eyes Nigeria, Four Key Markets in $15.4bn African SME Growth Drive

June 18 (THEWILL) — Standard Bank Group, Africa’s largest lender by assets, is intensifying its focus on Nigeria and four other strategic African markets as it seeks to tap into an estimated 250 billion rand ($15.4 billion) revenue opportunity...

NGX Introduces New Trading Volume Thresholds for Share Price Movements

June 18 (THEWILL) — The Nigerian Exchange (NGX) has introduced a new framework that will significantly change how share prices move on the local bourse, setting minimum trading volume thresholds that must be met before stock prices can record...

CBN Raises Treasury Bills Rates, Allots ₦1.49trn As Investors Flock To One-Year Paper

June 18 (THEWILL) — The Central Bank of Nigeria (CBN) allotted ₦1.49 trillion at its June 17 Treasury Bills (NTB) primary market auction, raising stop rates across all three maturities as investors sought higher yields amid persistent inflationary pressures.       Auction...

Cornerstone Insurance Reports ₦8.73bn Pre-Tax Profit, Pushes Ahead With HoldCo Restructuring

June 18 (THEWILL) — Cornerstone Insurance Plc has released its audited financial results for the year ended December 31, 2025, reporting a pre-tax profit of ₦8.73 billion, down from ₦28.62 billion recorded in 2024. The 69 percent year-on-year decline came...

MTN CEO Warns Against Xenophobia-Driven Boycotts, Says Anti-African Backlash Threatens Jobs And Growth

June 18 (THEWILL) — MTN Group President and Chief Executive Officer, Ralph Mupita, has warned against growing calls in parts of Africa to boycott pan-African businesses, saying such actions could harm youth employment, digital transformation, and the continent’s economic...

Nigeria’s Reform Paradox: Growth Rises, Reserves Climb, Yet 63% Live in Poverty — IMF

June 17, (THEWILL) — Nigeria’s sweeping economic reforms have delivered stronger growth, lower inflation, and improved external reserves, but millions of Nigerians continue to grapple with worsening hardship, according to the International Monetary Fund (IMF). In its latest Article IV...

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.
993 POSTS
0 COMMENTS