Ogochukwu Onwaeze, THEWILL

Nigeria’s Domestic Assets Surge Amid Liquidity Growth, External Pressures

April 17, (THEWILL) — Nigeria’s Net Domestic Assets (NDA) recorded a strong year-on-year increase, rising by about 21 percent to ₦94.74 trillion in February 2026 from ₦78.18 trillion in the same period of 2025, reflecting expanding liquidity within...

Dangote Blames Foreign Interests for Slowing Africa’s Industrial Growth

April 17, (THEWILL) — Aliko Dangote, President of the Dangote Group, has raised concerns that entrenched foreign interests are hindering Africa’s industrialisation and delaying its path to economic self-sufficiency. Speaking at the Investing in Africa Forum during the IMF/World Bank...

Flutterwave Leads Global Talks on Scaling Africa’s $1.5tn Digital Economy

April 17, (THEWILL) — Flutterwave has convened a high-level roundtable on Africa’s digital economy, bringing together global investors, policymakers, and development institutions on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C. Held in partnership with Invest Africa...

N29.84bn Pension Contributions Trapped as Remittance Failures Persist

April 17, (THEWILL) — Nearly N30 billion in pension contributions remains uncredited to workers’ Retirement Savings Accounts (RSAs), highlighting persistent inefficiencies in Nigeria’s Contributory Pension Scheme (CPS). Data from the National Pension Commission (PenCom) shows that N29.84 billion is currently...

Nigeria Rules Out IMF Loans Despite Mounting Debt Pressures – Edun

April 17, (THEWILL) — The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said Nigeria will not seek loans from the International Monetary Fund (IMF) at this time, despite rising concerns over the country’s growing...

FCMB Taps Cultural Festivals To Boost SMEs, Deepen Market Access

April 16, (THEWILL) — First City Monument Bank is leveraging cultural platforms to drive small business growth, financial inclusion, and broader market access, positioning events like the Ibadan Cultural Festival as viable economic hubs. The bank, a lead partner of...

Dangote Refinery Exports 434m Litres Of Petrol As Output Exceeds Local Demand

April 16, (THEWILL) — The Dangote Petroleum Refinery exported about 434 million litres of Premium Motor Spirit (petrol) in March 2026, after production significantly outpaced domestic consumption, according to data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Figures...

NGX Extends Rally As Market Cap Rises To ₦136.4trn

April 16, (THEWILL) — The Nigerian equities market sustained its bullish momentum as investors continued to accumulate fundamentally strong stocks, pushing key performance indicators higher at the close of trading. The market capitalisation opened the session at ₦134.772 trillion and...

Afreximbank Profit Climbs To ₦1.5trn In 2025 As Loan Growth Drives Expansion

April 16, (THEWILL) — African Export-Import Bank (Afreximbank) posted a profit of US$1.15 billion (about ₦1.5 trillion) for 2025, up from US$973.5 million (₦1.3 trillion) recorded in 2024, reflecting stronger earnings and continued balance sheet expansion. The improved performance was...

Nigerian Crude Sells Above $110, Trades at Premium Over Brent

April 16, (THEWILL) — Nigerian crude grades rebounded in Asian trading on Thursday, recovering from earlier losses and trading at a notable premium over global benchmark Brent, supported by stronger-than-expected economic data from China. Brass River, a key 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.
992 POSTS
0 COMMENTS