Ogochukwu Onwaeze, THEWILL

Nigeria’s Public Debt Hits ₦153.29 Trillion In Q3 2025

February 24, (THEWILL) — Nigeria’s total public debt has risen to ₦153.29 trillion ($103.94 billion) as of September 30, 2025, according to the Debt Management Office (DMO). This marks a ₦900 billion increase from the ₦152.39 trillion recorded at...

Fidelity Bank To Empower Women With Sustainable Entrepreneurship Training

February 24, (THEWILL) — Fidelity Bank Plc has launched the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0), to equip Nigerian women with practical, income-generating skills and pathways to sustainable entrepreneurship. Unveiled ahead of...

FG Targets $5.7bn China Investment Deal

February 24, (THEWILL) — The Federal Government of Nigeria is deepening negotiations with Chinese investors to secure up to $5.7 billion in strategic foreign capital as part of efforts to drive industrial growth, strengthen energy capacity and expand...

Nigerian Equities Market Opens Week Mixed as Gains Offset by Sharp LosersIt

February 23, (THEWILL) — The Nigerian equities market opened the week on a cautiously mixed note, with gains and losses almost evenly matched as investors weighed profit-taking against ongoing sectoral demand. The market witnessed moderate activity as some investors consolidated...

Dangote Eyes Nigerian Retail Access To Refinery Shares In Next Five Months

February 23, (THEWILL) — Shares of the Dangote Petroleum Refinery are expected to be offered to Nigerian investors within the next five months, Aliko Dangote has stated, setting the stage for what could be one of the largest domestic...

NAFDAC Raises Alarm Over Suspected Expiry Date Tampering In SMA Infant Formula

February 23, (THEWILL) — A consumer complaint has triggered regulatory concern in Nigeria’s fast-moving consumer goods market after the National Agency for Food and Drug Administration and Control (NAFDAC) flagged a suspected revalidated batch of SMA Gold First...

FX Losses Wipe Out Insurers’ 2025 Profit Gains

February 23, (THEWILL) — Foreign exchange (FX) losses have wiped out much of the profit growth recorded by insurers in 2025, as currency depreciation offset gains from stronger underwriting performance and rising premium income. The insurance industry posted a combined...

FG Commits 5% Of GDP Annually To Revive Manufacturing, Targets 25% Output Share By 2035

February 23, (THEWILL) — The Federal Government has unveiled an ambitious industrial reform agenda that will see five percent of Nigeria’s Gross Domestic Product committed annually to revitalise the manufacturing sector, as part of a broader strategy to...

Capital Surge Bypasses Industry As Manufacturing FDI Slumps 54% In Nine Months

February 23, (THEWILL) — Foreign investment into Nigeria’s manufacturing sector plunged by 54.11 percent in the first nine months of 2025, even as total capital inflows into the country more than doubled year-on-year, underscoring a widening disconnect between...

Ellah Lakes Plc To Refund Investors As ₦235bn Public Offer Fails To Secure Required Uptake

February 22, (THEWILL) — Ellah Lakes Plc has announced plans to refund investors after its ₦235 billion public offer failed to achieve the minimum subscription required for share allotment, marking a significant setback for the agribusiness firm’s capital-raising ambitions. 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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