Ogochukwu Onwaeze, THEWILL

Insurance Premiums Surge 47.3 Percent To ₦2.3trn As Claims Payout Dips

April 14, (THEWILL) — Nigeria’s insurance industry recorded a strong 47.3 percent year-on-year growth in Gross Premium Written (GPW), rising to ₦2.301 trillion in 2025 from ₦1.558 trillion in 2024, according to the National Insurance Commission (NAICOM). In its latest...

Lafarge Convicted Of Terror Financing Over $6.5m Payments To Extremist Groups

April 14, (THEWILL) — French cement giant, Lafarge, has been found guilty of financing terrorism after transferring $6.5 million to armed groups between 2013 and 2014 to sustain its operations in war-torn Syria. The landmark ruling, delivered on Monday by...

Africa Stuck at 4–6 Percent of Global Investment as Manufacturing Gaps Persist

April 14, (THEWILL) — The Pan-African Manufacturers Association has warned that Africa’s share of global Foreign Direct Investment (FDI) remains stalled between four and six per cent, underscoring the continent’s limited role in global manufacturing. In its March 2026 Manufacturing...

Nigeria, Morocco Move to Seal $25bn Transcontinental Gas Pipeline Deal

April 14, (THEWILL) — Nigeria and Morocco are set to advance their long-anticipated transcontinental gas pipeline project, with both countries preparing to sign an intergovernmental agreement later this year, according to a Reuters report on Monday. The agreement is expected...

Sanwo-Olu: Lagos Youths Generate N4.5trn Annually, Drive Economic Growth

April 14, (THEWILL) — Lagos State Governor, Babajide Sanwo-Olu, has revealed that youths in the state contribute an estimated N4.5 trillion annually to its Gross Domestic Product (GDP), underscoring their critical role in driving economic growth and innovation. The governor...

Nigeria’s Crude Output Falls Short of OPEC Target for Eighth Straight Month

April 14, (THEWILL) — Nigeria’s crude oil production remained below its quota set by the Organisation of the Petroleum Exporting Countries (OPEC), extending a streak of underperformance to eight consecutive months. According to OPEC’s April Monthly Oil Market Report, the...

Dangote Refinery Targets Record $5bn IPO As Landmark Listing Approaches

April 13, (THEWILL) — Nigeria’s foremost industrialist, Aliko Dangote, is advancing plans to launch what could become Africa’s largest initial public offering, as Dangote Petroleum Refinery & Petrochemicals prepares to raise to $5 billion from investors. The highly anticipated share...

NGX Records Modest Gain As Market Capitalisation Rises To ₦131.608trn

April 13, (THEWILL) — The Nigerian equities market closed Monday’s trading session on a positive note, as bargain hunting across selected counters pushed key performance indicators higher. Market capitalisation advanced from ₦131.165 trillion at the opening of trade to...

FG Scraps Import Duties on EVs, Buses, Machinery to Tame Inflation

April 13, (THEWILL) — The Federal Government has eliminated import duties on electric vehicles (EVs), mass transit buses, and manufacturing machinery, in a sweeping fiscal move aimed at easing cost pressures and curbing inflation. The announcement was disclosed on Monday...

The Flat Curve Trap: Why Death of ‘Easy Yield’ is Powering Nigeria’s Equity Super-Cycle

April 13, (THEWILL) — The shift did not happen with a bang. It crept in quietly, buried beneath routine auction results and quarterly portfolio disclosures, until the numbers became too stark to ignore. By April 2026, Nigeria’s financial system...

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.
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