Aina Ojonugwa, THEWILL

Nigeria’s Total Debt Stock To Hit N77trn On CBN Overdraft, New Loans

January 05, (THEWILL) – The Debt Management Office (DMO) has estimated that public debt stock could rise to N77 trillion at the end of President Muhammadu Buhari’s administration. Director-General, Debt Management Office (DMO), Patience Oniha, confirmed the figures on Wednesday,...

DSS Nabs Alleged Masterminds of Kogi IED Explosion During Buhari’s Visit

January 04, (THEWILL) - The alleged mastermind of a "Vehicle-Borne Improvised Explosive Device (VBIED)" in Kogi State, minutes to President Muhammadu Buhari‘s visit, Abdulmumin Otaru, has been arrested by operatives of the Department of State Service (DSS) A statement issued...

Assets Declaration: Court Bars Security Agencies From Investigating INEC Chairman

January 04, (THEWILL) - Ahead of the February 25, Presidential election in Nigeria, a High Court of the Federal Capital Territory (FCT), sitting in Garki, has barred security agencies from investigating the Chairman of the Independent National Electoral Commission(INEC),...

Due Process Followed In Sales Of Polaris Bank – CBN

January 04, (THEWILL) - The Central Bank of Nigeria (CBN) has said the sale of Polaris Bank as well as the Federal Government's interest in the bank, followed due process and was executed under relevant laws. Reacting to claims in...

Afe Babalola Faults 1999 Constitution For Nigeria’s Problems

January 04, (THEWILL) - Elder Statesman and legal luminary, Chief Afe Babalola, has said unless a new Constitution similar to those of 1960 and 1963 with necessary amendments is put in place, none of the presidential candidates for the...

Hopeless Budget’ – Ezekwesili Tears 2023 Appropriation Act Apart

January 04, (THEWILL) - Former Minister of Education, Oby Ezekwesili, has described the 2023 Appropriation Act as a “hopeless budget”. President Muhammadu Buhari had on Tuesday, signed the 2023 Budget of N21.83 trillion into law. In a series of tweets on...

NCDC Allays Fears Over New COVID-19 Surge In China, UK, Others

January 04, (THEWILL) - The Nigeria Centre for Disease Control (NCDC) says it is observing all countries with increasing COVID cases, adding that the COVID-19 Omicron sub-lineages partly responsible for the current increase in COVID-19 cases in China, the...

NAF Appoints New AOCs, Branch Chiefs, Others

January 04, (THEWILL) - The Nigerian Air Force (NAF) has approved the appointments of new Air Officers Commanding (AOC), Branch chiefs to head its units and formations, as well as a new public relations officer for the service. A statement...

2023: FG Budgets N3.36trn For Petrol Subsidy

January 04, (THEWILL) - The Federal Government has budgeted a total N3.36trn for subsidy payment between January to June 2023. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this during the public presentation of the 2023 Federal...

EFCC Recovers N13bn Illegal Fuel Subsidy Payment

January 04, (THEWILL) - The Economic and Financial Crimes Commission (EFCC) has recovered approximately N13 billion, as proceeds from illegal payments made under the subsidy regime between 2017 and 2021. This is stated in a report of the National...

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