Ogochukwu Onwaeze, THEWILL

Recapitalisation: 30 Banks Meet CBN Capital Requirement, Three Await Verification

March 09, (THEWILL) — The Central Bank of Nigeria (CBN) has announced that 30 banks have successfully met the new minimum capital requirements introduced under its ongoing banking sector recapitalisation programme, while three others are currently undergoing regulatory verification. The...

NGX Rallies as Market Capitalisation Climbs to N126.437trn

March 08, (THEWILL) — Trading activities on the Nigerian Exchange (NGX) closed last week on a positive note, with key market indicators posting gains despite mixed investor sentiment across sectors. The NGX All-Share Index (ASI) and Market Capitalization appreciated by...

The N1.8 Trillion ‘Growth Strike’: Why Nigeria’s Industrial Giants Favour T-Bills

March 08, (THEWILL) — Nigeria’s biggest companies have rarely looked stronger. Their earnings are swelling, their margins are widening and their balance sheets are flush with cash. Yet across industrial corridors from Obajana to Ewekoro, expansion is cautious, capital...

Market Inches Higher Amid Mixed Investor Activity

March 06, (THEWILL) — ​ The Nigerian equities market closed the week with modest gains, as selective buying in key counters offset profit-taking in several mid-cap and blue-chip stocks. The trading session on Friday opened with the Market Capitalisation at...

Union Dicon Salt Seeks Turnaround as NGX Delisting Risk Looms

March 06, (THEWILL) — Union Dicon Salt Plc has said it is taking steps to revive its operations and meet regulatory requirements as it works to avoid being delisted from the Nigerian Exchange Limited (NGX) after years of inactivity. In...

Pension Fund Assets Rise to ₦28tn, Contributors Exceed 11 Million

March 06, (THEWILL) — Nigeria’s pension industry has recorded a significant milestone, with total pension fund assets rising to ₦28.04 trillion while the number of contributors under the Retirement Savings Account (RSA) system has exceeded 11 million, according to...

NGX Records Mild Gain As Market Cap Adds ₦220bn Despite Negative Breadth

March 05, (THEWILL) — The Nigerian equities market closed on a mildly positive note on Thursday, as the benchmark indicators posted modest gains, although market breadth signalled underlying weakness. Market capitalisation opened the session at ₦126.097 trillion and closed higher...

Oil Price Rises to $84 Per Barrel, Above Nigeria’s Benchmark

March 05, (THEWILL) — Global crude oil prices climbed toward $84 per barrel, rising above Nigeria’s 2026 budget benchmark and raising expectations of improved government revenue from oil exports. The rally was driven largely by heightened geopolitical tensions in...

CBN Data Shows Private Sector Credit Declines to N75.24trn

March 05, (THEWILL) — Credit to Nigeria’s private sector declined slightly to N75.24 trillion in January 2026, reflecting a slowdown in lending activities at the start of the year, according to the latest Money and Credit Statistics released...

Budget Defence Reveals Funding Shortfalls Across MDAs

March 05, (THEWILL) — Recent budget defence sessions at Nigeria’s National Assembly have revealed significant funding challenges affecting several Ministries, Departments and Agencies (MDAs), raising concerns about the government’s ability to implement approved projects. During the defence of the...

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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