Ogochukwu Onwaeze, THEWILL

Dangote Extends Dominance, Retains Africa’s Most Admired Brand Title For Eighth Straight Year

June 02, (THEWILL) — Dangote Industries Limited (DIL) has reinforced its position as one of Africa’s most influential corporate brands after emerging as Africa’s Most Admired Brand for the eighth consecutive year in the latest Brand Africa 100 rankings. The...

Nigeria Makes History as First African Market to Adopt T+1 Settlement, Boosting Investor Confidence

June 1 (THEWILL) — Nigeria’s capital market has recorded a major milestone in its drive for greater efficiency and global competitiveness, becoming the first market in Africa to transition to a T+1 settlement cycle, a move expected to improve...

Supreme Court Nullifies Asset Freeze on Nestoil, Neconde in Major Legal Victory

June 1 (THEWILL) — The Supreme Court on Monday overturned a Court of Appeal order that froze the assets of Neconde Energy Limited, Nestoil Limited and two other entities over an alleged $1.1 billion debt dispute involving FBNQuest Merchant...

Market Loses ₦1.81tn as BUA Cement Leads Broad-Based Selloff

June 1 (THEWILL) — The Nigerian equities market reversed previous gains on Monday as renewed profit-taking in large-cap stocks, particularly BUA Cement, dragged key performance indicators lower. Market capitalisation declined by ₦1.811 trillion to close at ₦158.697 trillion from ₦160.508...

CBN Unveils Payment Vision 2028, Targets 95% Financial Inclusion, Digital Payments Growth

June 1 (THEWILL) — The Central Bank of Nigeria (CBN) has launched the Nigeria Payment System Vision (PSV) 2028, an ambitious roadmap aimed at raising financial inclusion to 95 percent of the adult population and strengthening the country’s position...

Flutterwave Crosses 1 Billion Transactions, Processes Over $40bn in Payments

June 1 (THEWILL) — African fintech unicorn Flutterwave has surpassed one billion transactions and processed more than $40 billion in total payment value since its launch, underscoring its growing role in Africa’s digital payments ecosystem. The milestone was disclosed by...

UBA Unveils Innovation Hub At UNILAG, Strengthens Investment In Youth, Research

June 1 (THEWILL) — United Bank for Africa (UBA) Plc has reinforced its commitment to education, innovation, and youth development with the commissioning of an Innovation Hub and Business Office at the University of Lagos (UNILAG), further deepening its...

FMDQ Names Zeal Akaraiwe Group CEO As Onadele Koko Bows Out After 12 Years

June 1 (THEWILL) — FMDQ Group Plc has appointed seasoned financial markets expert, Zeal Akaraiwe, as its new Group Chief Executive Officer, ushering in a new era of leadership at Nigeria’s leading over-the-counter financial market infrastructure group. The appointment follows...

Naira Weakens 0.36 Percent In May, Closes At ₦1,372/$ As Market Stability Persists

June 1 (THEWILL) — The naira recorded a slight depreciation against the U.S. dollar in May 2026, closing the month at ₦1,372/$ at the official foreign exchange market, according to data from the Central Bank of Nigeria (CBN). The closing...

Banks Increase Lending To Govt By ₦15.66trn In One Year As Private Sector Credit Slows – CBN

June 1 (THEWILL) — Nigerian banks increased their lending to the Federal Government by ₦15.66 trillion over the past year, highlighting a growing preference for public-sector exposure amid weaker credit growth to businesses and households. According to the Central Bank...

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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