Ogochukwu Onwaeze, THEWILL

April 01, (THEWILL) — The Central Bank of Nigeria (CBN) has announced the conclusion of its banking sector recapitalisation programme, revealing that Nigerian banks collectively raised ₦4.65 trillion in new capital over the 24-month exercise aimed at strengthening the...

April 01, (THEWILL) — Nigeria’s Federal Government bond auction recorded strong investor demand in March, with total subscriptions reaching N931.5 billion about 4 percent above the N750 billion offered. Despite the oversubscription, total allotments declined by 7.4 percent to N485.49...

April 01, (THEWILL) — The Nigerian Exchange Limited has stepped up efforts to protect young investors through a targeted educational programme on market integrity and fraud prevention. The initiative, part of Global Money Week 2026, brought together over 200 students...

April 01, (THEWILL) — The Central Bank of Nigeria has issued a directive requiring banks and other financial institutions to strengthen their cybersecurity frameworks within a defined compliance timeline as part of efforts to protect Nigeria’s financial system from...

March 31, (THEWILL) — Nigeria could benefit from rising global oil prices in the week ahead, although geopolitical tensions and mixed signals from global policymakers may introduce fresh volatility into financial markets. This outlook was shared by Lukman Otunuga, the...

March 31, (THEWILL) — The Nigerian equities market closed the first quarter of 2026 on a mixed note on Tuesday, as gains in select heavyweights lifted overall market indicators despite widespread declines across many stocks. At the close of trading,...

March 31, (THEWILL) — BUA Foods Plc has reported an audited pre-tax profit of ₦521.5 billion for the 2025 financial year, representing a strong 83.4 percent increase from ₦284.3 billion recorded in 2024. The result, while slightly below the...

March 31, (THEWILL) — Zedcrest Group has appointed Ademola Akogun as Managing Director, Investment Banking, following Board approval, underscoring its push into full-service capital market operations. The appointment follows the company's securing of an Issuing House licence, which enables it...

March 31, (THEWILL) — African Export-Import Bank has raised $2 billion through a three-year dual-tranche syndicated term loan facility, marking the largest borrowing in the bank’s history. The milestone was announced in a press statement dated March 30, 2026,...

March 31, (THEWILL) — No fewer than 9.2 million Nigerians have benefited from the Federal Government’s Household Prosperity and Empowerment Cash Transfer (HOPE-CT) Programme, with about N688 billion disbursed over two years. The Minister of Humanitarian Affairs and Poverty...