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Light Weapons Production: Buhari Seeks NASENI, DICON Collaboration

BEVERLY HILLS, August 13, (THEWILL) – President Muhammadu Buhari Thursday in Abuja urged the National Agency for Science and Engineering Infrastructure (NASENI) to do more to publicise its inventions for the benefit of Nigerians. Speaking after a presentation of NASENI's...

NIMASA Restates Commitment To Maritime Search And Rescue

BEVERLY HILLS, August 13, (THEWILL) – The Nigerian Maritime Administration and Safety Agency (NIMASA) Thursday restated its commitment to Search and Rescue (SAR) operations in the nation’s maritime domain. In a statement issued by the agency’s Head, Public Relations, Hajia...

Nigeria’s New Oil Chief Announces Restructuring, Audit

The new head of the Nigerian National Petroleum Corp said on Thursday that he had started a three-pronged restructuring of the state-owned company that should lead to "a new NNPC". President Muhammadu Buhari appointed Emmanuel Kachikwu last week with a...

Senate Approves $75m World Bank Loan For Edo

BEVERLY HILLS, August 13, (THEWILL) – The Senate on Thursday approved a $75 million World Bank loan for Edo state’s Development Policy Operation (DPO) as requested by President Muhammadu Buhari. The approval followed the consideration of a single-prayer report of...

NNPC Announces Appointment Of New Group General Managers

BEVERLY HILLS, August 13, (THEWILL) – The Nigerian National Petroleum Corporation (NNPC) has announced the appointment of new Group General Managers (GGMs) for some of its divisions, according to a statement. Corporation’s spokesman, Mr Ohi Alegbe, announced the appointments on...

Bodies Of Crashed Helicopter Pilot, Co-Pilot Recovered

SAN FRANCISCO, August 13, (THEWILL) – The bodies of the remaining two persons missing from Wednesday’s helicopter crash in Lagos have been recovered by the search and rescue team at the crash site.   The bodies (a white male and black...

Boko Haram: Buhari Swears-in Service Chiefs, Gives 3-Month Ultimatum

SAN FRANCISCO, August 13, (THEWILL) – President Muhammadu Buhari Thursday charged the new service chiefs to halt the bloody reign of the Boko Haram in northern Nigeria within three months. The President gave the charge when he swore them in Thursday...

Buhari Fires NPA Managing Director, Bayero

SAN FRANCISCO, August 13, (THEWILL) – President Muhammadu Buhari has terminated the appointment of the Managing Director of the Nigerian Ports Authority (NPA), Alhaji Sanusi Ado Bayero. The termination of Alhaji Bayero's appointment is with immediate effect, a statement by...

China Central Bank Tries To Soothe Global Markets, Says No Basis For Yuan To Fall Further

China's central bank said on Thursday that there was no basis for further depreciation in the yuan given strong economic fundamentals, in a bid to reassure jittery global markets after it devalued the currency earlier in the week. As the...

Strong U.S. Sales Help Cisco Beat Estimates

Network equipment maker Cisco Systems Inc (CSCO.O) reported higher-than-expected quarterly revenue and profit as strong demand for its products in the United States more than offset weakness elsewhere. Shares of Cisco, considered a bellwether for the performance of the broader...

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