Ogochukwu Onwaeze, THEWILL

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...

$49bn Reserves Stabilise Naira, Undermine Parallel Market

February 22, (THEWILL) — Nigeria’s foreign exchange market is flashing a signal it has not sent in years: convergence. With the naira trading at N1,355.42/$ on the official window and roughly N1,440/$ on the parallel market, the once-yawning gap...

Equities Market Surges 6.95% as Strong Liquidity Drives Weekly Rally

February 22, (THEWILL) — The Nigerian equities market recorded another impressive performance last week, extending its bullish momentum as strong liquidity inflows and sustained investor demand pushed key indicators significantly higher. Broad-based buying across major sectors supported price appreciation,...

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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