Ogochukwu Onwaeze, THEWILL

May 25 (THEWILL) — Global oil markets are facing what leading investment banks describe as an extreme and fast-evolving supply shock, as inventories collapse and flows through the Strait of Hormuz remain heavily disrupted. Barclays warned that the market is...

May 25 (THEWILL) — Nigeria’s external reserves have staged a recovery after a difficult April marked by sustained declines linked to foreign exchange interventions, debt service obligations, and global market pressures. Latest data from the Central Bank of Nigeria (CBN)...

May 25, (THEWILL) — As Nigeria’s monetary authorities maintain a tight monetary policy stance following the latest Monetary Policy Committee (MPC) decision, the audited FY2025 financial statements of leading manufacturers reveal a decisive shift in what defines corporate strength....

May 24, (THEWILL) — Nigeria’s equities market closed the week on a negative note as declining investor activity and sustained profit-taking pressured key market indicators, despite selective gains recorded in banking and consumer goods counters. Data from the Nigerian Exchange...

May 24, (THEWILL) — The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has unanimously voted to retain the Monetary Policy Rate (MPR) at 26.50 percent, choosing caution over monetary easing as inflation resumed its upward climb and economic...

May 22, (THEWILL) — Nigeria’s equities market closed Friday’s trading session on a positive note as renewed buying interest in select mid-cap stocks lifted the benchmark indices higher. At the close of trading on the Nigerian Exchange Limited, market capitalisation...

May 22, (THEWILL) — The Federal Government has partnered with global online learning platform Coursera to launch the Digital Training Academy (DTA), an initiative aimed at equipping 36,000 Nigerian youths with globally recognised digital certifications in emerging technology fields. The...

May 22, (THEWILL) — Wema Bank Plc has received an upgrade in its long-term rating from ‘A-’ to ‘A’ by Agusto & Co, reflecting the bank’s improved profitability, stronger liquidity position, and sustained shareholder support. The rating agency also affirmed...

May 22, (THEWILL) — Nigeria’s proposed $500 million Airbus Maintenance, Repair and Overhaul (MRO) facility is facing growing scrutiny from aviation analysts and industry stakeholders, with experts questioning the long-term commercial viability of the ambitious project. The planned facility, which...

May 22, (THEWILL) — Tetracore GTL Limited, a subsidiary of Tetracore Energy Group, has signed a strategic Memorandum of Understanding (MoU) with Velocys Technologies Limited to support the development of a proposed 5,000 barrels-per-day modular Gas-to-Liquids (GTL) facility in...