Ogochukwu Onwaeze, THEWILL

NGX Extends Bearish Trend as Weekly Turnover Falls 56.8% Amid Cautious Trading

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...

Cardoso Maintains the Stance as CBN Keeps 26.5% Rate in Response to Inflation Resurgence, Signs of Slowing Growth

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...

NGX Ends Week Higher as Bargain Hunting Lifts Market Indicators

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...

FG Partners Coursera to Train 36,000 Nigerian Youths in AI, Cybersecurity

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...

Agusto & Co Upgrades Wema Bank’s Rating to ‘A’ on Stronger Profitability, Liquidity

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...

Analysts Raise Concerns Over Nigeria’s Proposed $500m Airbus Maintenance Hub

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...

Tetracore GTL Partners Velocys On 5,000BPD Ogun Gas-To-Liquids Project

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...

Naira Strengthens Against British Pound, Trades At ₦1,840/£ Amid UK Political Uncertainty

May 22, (THEWILL) — The Nigerian naira recorded fresh gains against the British pound sterling in the foreign exchange market, strengthening to ₦1,840/£1 amid rising political and economic uncertainty in the United Kingdom. Latest data from the Central Bank of...

Griffin Capital CEO Links Nigeria’s FTSE Russell Reclassification To Potential Investment Surge

May 22, (THEWILL) — Nigeria’s planned return to the FTSE Russell Index by September 2026 is expected to attract fresh foreign portfolio investments into the country’s equities market, according to the Group Chief Executive Officer of Griffin Capital Group,...

NGX Closes Marginally Higher Amid Broad Selloff Pressure

May 21, (THEWILL) — Nigeria’s equities market ended Thursday’s trading session on a marginally positive note as gains in select consumer and service stocks helped offset widespread declines across the broader market. At the close of trading on the Nigerian...

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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