Ogochukwu Onwaeze, THEWILL

Nigeria’s Debt Service Burden Surges to N16.26tn Amid Fiscal Strain

May 01, (THEWILL) — Nigeria’s debt service obligations have risen sharply, climbing to N16.26 trillion in 2025 from N7.79 trillion in 2023, with the most significant increases occurring since the current administration assumed office in Q3 2023. Data from...

Bullish Momentum Persists As Market Capitalisation Climbs To ₦155.994trn

April 30, (THEWILL) — The Nigerian equities market extended its bullish run on Thursday, as sustained buying interest lifted key indicators. Market capitalisation opened the session at ₦152.728 trillion and rose significantly to close at ₦155.994 trillion, reflecting renewed...

Champion Breweries Blames Q1 Profit Dip on Acquisition Costs, Eyes Strong Full-Year Growth

April 30, (THEWILL) — Champion Breweries Plc has explained its weaker first-quarter 2026 profit, attributing the decline to higher financing costs tied to its recent acquisition of the Bullet brand, while expressing confidence in a stronger performance for the...

MTN Nigeria’s Q1 Profit Jumps 170 Percent As Revenue Surge And Cost Discipline Boost Performance

April 30, (THEWILL) — MTN Nigeria has posted a strong start to 2026, reporting an unaudited pre-tax profit of ₦546.42 billion for the first quarter ended March 31, up 169.64 percent year-on-year. This marks the company’s second-highest quarterly profit...

Seplat Energy Posts N52.5bn Q1 Profit, Declares 9-cent Dollar Dividend

April 30, (THEWILL) — Seplat Energy Plc has reported a post-tax profit of N52.5 billion for the first quarter of 2026, marking a 48.4 percent increase from N35.3 billion recorded in the same period of 2025, according to...

Telecom Operators Demand Executable Broadband Roadmap as Nigeria Misses Key Targets

April 30, (THEWILL) — Four months after the expiration of Nigeria’s National Broadband Plan (NNBP) 2020–2025, telecom operators are intensifying calls for a new and more effective policy framework to guide the country’s digital future. Industry stakeholders say Nigeria...

Tax Reform: NRS Unveils Rev360 Platform, Phased Rollout Begins with Mid-Tier Taxpayers

April 30, (THEWILL) — The Nigeria Revenue Service (NRS) has launched Rev360, a next-generation tax administration platform, marking a major step in the country’s shift toward a more modern and efficient tax system. The rollout will be implemented in...

Dangote Refinery IPO to Test Depth of Africa’s $560bn Capital Markets

April 29, (THEWILL) — The anticipated initial public offering (IPO) of Dangote Refinery is shaping up to be one of the most consequential financial events in Africa’s history, with the potential to test both the resilience and depth...

Nigeria’s PMI Slips Into Contraction After 16-Month Expansion Streak

April 30, (THEWILL) — Nigeria’s economic momentum slowed in April 2026 as the Purchasing Managers’ Index (PMI) fell to 49.4, signalling the first contraction after 16 consecutive months of growth, according to the Central Bank of Nigeria (CBN). The...

NGX Extends Rally As Market Capitalisation Jumps ₦5.55trn On Broad Buying Interest

April 29, (THEWILL) — Trading on the Nigerian equities market closed strongly bullish on Wednesday, as sustained demand across key sectors pushed market indicators sharply higher on the Nigerian Exchange (NGX). Market capitalisation rose significantly by ₦5.55 trillion, moving from...

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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