Ogochukwu Onwaeze, THEWILL

Net Reserves Soar To $34.8bn As CBN Signals Stronger FX Position

March 05, (THEWILL) — The Central Bank of Nigeria (CBN) has taken delivery of locally sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards into its foreign reserves, raising total gold holdings to $3.5 billion in...

NGX Slips As Profit-Taking Weighs On Key Counters

March 04, (THEWILL) — The Nigerian equities market closed marginally lower on Wednesday, reversing part of the previous session’s gains as profit-taking pressure resurfaced across select medium- and large-cap stocks. Market capitalisation declined from ₦126.198 trillion at the open to...

NBS: Nigeria Generates ₦2.28tn in VAT in Q3 2025

March 04, (THEWILL) — Nigeria’s Value Added Tax (VAT) revenue rose to ₦2.28 trillion in the third quarter of 2025, marking a 10.66 per cent increase from the ₦2.06 trillion recorded in the preceding quarter, according to the National...

Telecoms Sector Hits N18.5tn GDP Contribution on Data Surge, 5G Expansion

March 04, (THEWILL) — Nigeria’s telecommunications sector is set to contribute an estimated N18.5 trillion to the nation’s Gross Domestic Product (GDP) in 2025, reflecting sustained growth driven by surging data consumption and accelerated 5G deployment. Recent industry data...

Nigeria Feels Heat as US–Iran Crisis Lifts Cooking Gas by ₦100/Kg

March 04, (THEWILL) — The ongoing conflict involving the United States, Israel, and Iran is now having a direct impact on everyday costs in Nigeria, with the retail price of liquefied petroleum gas (LPG), commonly called cooking gas,...

World Bank: Nigeria, Others Must Act Fast to Avert Jobs Crisis

March 04, (THEWILL) — The World Bank has cautioned that Nigeria and many other developing economies may be heading toward a significant employment crisis as demographic pressures intensify over the next decade. Demographic trends show that about 1.2 billion...

Aradel, FCMB, Tantalizers Among 12 Firms Queried By NGX For Rule Breaches

March 03, (THEWILL) — The Nigerian Exchange has issued warning letters to 12 listed companies, including Aradel, FCMB, and Tantalizers, over breaches of its post-listing requirements. In a regulatory notice released to the market, the Exchange said the affected firms...

NGX Extends Rally As Market Cap Gains ₦710bn Amid Mixed Breadth

March 03, (THEWILL) — The Nigerian equities market sustained its upward trajectory on Tuesday, with key performance indicators closing firmly in positive territory despite a relatively balanced market breadth. Market capitalisation advanced from ₦125.488 trillion at the opening bell to...

CBN Targets ₦1.05trn at Treasury Bills Auction

March 03, (THEWILL) — The Central Bank of Nigeria (CBN) has opened a primary market auction for ₦1.05 trillion worth of Treasury bills, aimed largely at refinancing about ₦799 billion of maturing T-bills due at the end of...

Dangote Cement Breaks Corporate Record with Historic ₦760bn Dividend

March 03, (THEWILL) — Dangote Cement Plc has declared the highest dividend payout ever recorded in Nigeria’s corporate history, following a record-breaking financial performance for the year ended December 31, 2025. The company announced a final dividend of ₦45 per...

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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