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Oba Sijuwade’s Place In History Assured – Buhari

BEVERLY HILLS, August 12, (THEWILL) – President Muhammadu Buhari said Wednesday that he has received with sadness news of the transition of one of Nigeria's foremost traditional rulers, the Ooni of Ife, Oba Okunade Sijuwade, Olubuse II. President Buhari, in...

SEC Retires 43 Senior Staff, Shuts 4 Zonal Offices

BEVERLY HILLS, August 12, (THEWILL) – The Securities and Exchange Commission (SEC) Wednesday said it has retired 43 senior members of staff and closed down four of its zonal offices. A statement posted by the commission on its website named...

NASS Budget: Senators Disagree Over Committee Report

SAN FRANCISCO, August 12, (THEWILL) – The Senate Wednesday stood down a report by its ad hoc committee on the Review of the National Assembly Finances, after an hour-long deliberation behind closed doors. The report has been slated for...

Steady Electricity Supply, Key To Faster Socio-Economic Development – Buhari

…As Power Generation Hits 5,500mw Soon BEVERLY HILLS, August 12, (THEWILL) – President Muhammadu Buhari said Wednesday in Abuja that his administration will give the fullest possible attention to boosting power supply in Nigeria because it was convinced that steady...

Maiduguri: Panic Over Warning Shots As Boko Haram Kills 6, Abducts 4 Women In Nearby Village

BEVERLY HILLS, August 12, (THEWILL) – Residents of Maiduguri, the Borno State capital, were thrown into confusion, Tuesday night, as soldiers at the Maimalari Barracks embarked on sporadic shootings to repel rampaging insurgents who were wreaking havoc in the...

Update II: Helicopter Crashes Into Lagoon Near Third Mainland Bridge, Lagos

SAN FRANCISCO, August 12, (THEWILL) – A chopper has crashed into the Lagoon near the Oworonshoki end of the 3rd Mainland Bridge in Lagos, Nigeria’s commercial hub. The unidentified helicopter was headed to Lagos Island from Ikeja when it went...

Messi, Suarez And Ronaldo Up For UEFA Best Player

Lionel Messi, Luis Suarez and Cristiano Ronaldo will compete for UEFA's Best Player in Europe award for last season. UEFA have confirmed that the three superstars topped a Europe-wide poll of journalists who chose from a 10-player shortlist. The same 54-member...

Nigeria Bond Issuance May Drop On Buhari’s TSA Order

The directive of Nigerian President Muhammadu Buhari to compel government Ministries, Departments and Agencies to maintain the Single Treasury Account (TSA) at the Central Bank, could whittle down the appetite for the issuance of FGN Sovereign bonds, according to...

Wall Street Opens Lower As China Pushes Yuan Lower Again

U.S. stocks opened lower for a second day in a row on Wednesday as China weakened its currency further, increasing worries about a global economic slowdown. The Dow Jones industrial average .DJI fell 146.51 points, or 0.84 percent, to 17,256.33....

Exclusive: Greek Bank Access To Bailout Cash To Be Restricted

Greek banks will have restricted access to bailout funds until a fresh injection of equity to recapitalize them several months from now is approved, sources told Reuters on Wednesday. An initial 10 billion euros ($11.16 billion) will be made available...

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