Ogochukwu Onwaeze, THEWILL

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...

Nigeria To Launch National Single Window March 27

March 05, (THEWILL) — Nigeria will launch its National Single Window (NSW) platform on March 27, in a major push to reform and modernise its trade processes. Chief of Staff to the President, Femi Gbajabiamila, described the initiative introduced...

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...

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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