Ogochukwu Onwaeze, THEWILL

February 25, (THEWILL) — Nigeria’s banking industry is entering the final stretch of its recapitalisation race, with lenders collectively raising about ₦4 trillion as they work to meet new minimum capital requirements set by the Central Bank of Nigeria...

February 25, (THEWILL) — The Rural Electrification Agency (REA) has entered into a landmark ₦100 billion financing agreement with Lotus Bank to accelerate renewable energy deployment across Nigeria. The facility, aims to expand access to clean and reliable electricity,...

February 25, (THEWILL) — The National Insurance Commission (NAICOM) has approved the appointment of Ademoye Shobo as the new Managing Director/Chief Executive Officer of Lasaco Assurance Plc, with his tenure taking effect from February 6, 2026. The regulatory clearance...

February 24, (THEWILL) — Nigeria’s state-owned oil company, the Nigerian National Petroleum Company (NNPC), is preparing to export a newly developed crude oil grade called Cawthorne starting in March 2026, in a move expected to further lift the country’s...

February 24, (THEWILL) — The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the banking sector recapitalisation programme remains on schedule, with momentum increasing as the March 31, 2026 compliance deadline approaches. Speaking at the close of the...

February 24, (THEWILL) — The Nigerian equities market closed Tuesday’s session on a bearish note, reversing some of the gains recorded earlier in the week as increased selling pressure dragged key indicators lower. Profit-taking activities across major stocks, particularly in...

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...

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...

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...

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...