News

A Poor Pre-election Verdict Ahead of 2027 Poll

According to the delegation, co-led by IRI President Daniel Twining and Ambassador Jendayi Frazer, a board member of the National Endowment for Democracy, NED, and former Assistant Secretary of State for African Affairs, Nigeria retains important foundations for democratic competition, including an established electoral institution and a multi-party system but political consolidation by the governing All Progressives Congress, APC, opposition fragmentation, election-related violence, monetised political competition and declining public trust are weakening the foundations built for democratic competition, established electoral institutions, an active civil society and a multi-party system.

CBN’s 20% OMO Yield: A New Benchmark for Fixed-Income Investors?

The Central Bank of Nigeria’s latest Open Market Operations (OMO) auction has pushed short-term fixed-income yields back into focus, with investors submitting N4.93 trillion in bids for securities worth just N600 billion.

CBN, UBA, Others to Headline FICAN Conference Spotlighting Banking Recapitalisation, Tax Reform

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Nigeria’s top policymakers, financial regulators, banking executives, fintech innovators, economists and capital market operators will gather in Lagos on September 19 and 20, 2026, for the Finance Correspondents Association of Nigeria’s (FICAN) 36th Anniversary Annual Conference.

NGX 57% Rally Driven By Domestic Capital, Not Foreign Inflows – Coronation

Nigeria’s equities market recorded a 57 per cent return in the first seven months of 2026, but the rally was driven predominantly by domestic capital rather than a resurgence in foreign portfolio investment, Managing Director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede, has said.

Why Cost of Living Remains High While Inflation Rate Moderates

Nigeria’s headline inflation rate eased further in July, falling to 15.43 percent from 15.91 percent in June, reinforcing the recent moderation in the pace of price increases. But beneath the headline improvement, the latest Consumer Price Index (CPI) report presents a more complicated picture for households and businesses.

Equities Market Extends Decline as Investors Trade N157.76bn Amid Broad-Based Sell-Off

The Nigerian Exchange Limited (NGX) extended its bearish run during the week, as sustained selling pressure across major sectors dragged the benchmark All-Share Index lower, while market activity also weakened compared with the previous week.

AFRACA-NIRSAL Masterclass Opens in Lagos, Builds Financial Institutions’ Capacity AI-Driven Agricultural Finance

The African Rural and Agricultural Credit Association (AFRACA), in collaboration with NIRSAL Plc and other partners, has convened finance-sector professionals from across Africa in Lagos for the AFRACA Masterclass on Inclusive Finance for Climate Resilience and Artificial Intelligence for Financial Services and Agricultural Finance.

2027 APC Campaign Council: Lalong, Keyamo, Yahaya Bello, Others Missing From Tinubu’s Team

The initial list unveiled on Saturday, contains 223 names. It is considerably smaller than the 422-member campaign council constituted by the APC for the 2023 presidential election and represents a substantial reorganisation of the party’s campaign machinery.

Iran War: 757 US Troops Wounded, 18 Killed as Trump’s $37.5bn War Bill Soars

The United States is paying an increasingly heavy price in blood and money for its war with Iran, with Pentagon figures showing that 757 American service members have been wounded and 18 killed since the conflict began. The latest figures, published in the Pentagon's Defense Casualty Analysis System, represent an addition of 60 wounded personnel to the previous tally and bring the total number of US service members killed or wounded to 775.

2027: Tinubu Confirms THEWILL Exclusive, Names Yari DG of APC Presidential Campaign Council

President Bola Tinubu has formally appointed former Zamfara State Governor, Senator Abdul’aziz Abubakar Yari, as Director-General of the All Progressives Congress (APC) Presidential Campaign Council for the 2027 election, confirming an exclusive report published by THEWILL more than three months ago.