Ogochukwu Onwaeze, THEWILL

Nigeria’s Crypto Transactions Hit $96bn as Adoption Surges – SEC

March 17, (THEWILL) — Nigeria recorded approximately $96 billion in cryptocurrency and other virtual asset transactions, underscoring the rapid growth of digital finance in the country, according to the Securities and Exchange Commission of Nigeria (SEC). Director-General of the Commission,...

NGX Index Breaks 200,000 Barrier As Market Rally Strengthens

March 16, (THEWILL) — Nigeria’s equities market reached a historic milestone on Monday, as the NGX All‑Share Index climbed above the 200,000-point mark, driven by sustained investor demand and gains across major sectors. The benchmark index advanced by 1.55 percent,...

BUA Cement Powers NGX Above 201,000 Points As Market Gains ₦1.97trn

March 16, (THEWILL) — The Nigerian equities market opened the week on a bullish note on Monday, as strong buying interest in large-cap stocks lifted the benchmark index above the 201,000-point threshold. Market capitalisation rose from ₦127.360 trillion to...

Nigeria’s Telecom Sector Hits ₦13tn Revenue Amid Digital Boom

March 16, (THEWILL) — Nigeria’s telecommunications sector has hit a major milestone, generating about ₦13 trillion in revenue, reflecting rapid growth in digital services, data usage, and mobile connectivity. According to the Nigerian Communications Commission and industry reports, the...

Cash Outside Banks Falls by N198bn as Money Supply Declines

March 16, (THEWILL) — Currency held outside Nigeria’s banking system dropped by about ₦198 billion, reflecting a slight moderation in cash demand and tightening liquidity conditions in the financial system. Latest money and credit statistics released by the Central Bank...

Tariff Removal on Chinese Imports to Save Nigeria $1.4bn Yearly

March 16, (THEWILL) — Nigerian manufacturers and other import-dependent businesses are expected to save about $1.4 billion annually following the removal of tariffs on selected Chinese imports, a development aimed at reducing production costs and boosting industrial growth. The tariff...

BUA Cement, Conoil Power NGX to Weekly Gain as Market Rises 0.73 Percent

March 15, (THEWILL) — A total turnover of 3.321 billion shares worth ₦164.845 billion was traded this week by investors on the floor of the Nigerian Exchange Group, in contrast to a total of 3.695 billion shares valued at...

Champion Breweries Profit Surges 119% Following Bullet Acquisition

March 15, (THEWILL) — Champion Breweries Plc delivered a record financial performance in 2025, reporting strong revenue growth, sharply improved profitability and a significantly expanded balance sheet, following the strategic acquisition of the Bullet beverage brand. The brewer’s audited results...

Cardoso: Reforms Built Over Two Years Put Nigeria in Strong Position to Weather Global Shocks

March 13, (THEWILL) — Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Thursday said the macroeconomic reforms and policy buffers built over the past two years have placed Nigeria in a stronger position to...

Equities Market Closes Higher as Guinness and UPL Lead Gains

March 13, (THEWILL) — The Nigerian equities market ended the week on a bullish note on Friday, with renewed buying interest across select counters lifting key market indicators. The market cap opened at ₦126.398 trillion and closed at ₦127.360...

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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