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Nigerians Lost Whooping N18b To MMM

BEVERLY HILLS, March 02, (THEWILL) - The Nigerian Deposit Insurance Corporation (NDIC) has declared that an ‎estimated three million Nigerians lost N18 billion in the Mavrodi Mundial Movement (MMM) ponzi scheme. This was revealed in Kaduna on Thursday by the...

Nigeria’s Central Bank Explains Why Naira Appreciated

BEVERLY HILLS, March 02, (THEWILL) - The Central Bank of Nigeria, CBN, said the recent appreciation of the Naira against other currencies was the result of its market monitoring and intervention. The acting Director, Corporate Communications of the CBN, Mr...

Obasanjo Walks Out Of Police Event For Being Kept Waiting

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BEVERLY HILLS, March 02, (THEWILL) - Former president, Chief Olusegun Obasanjo on Thursday afternoon criticised the Nigeria Police for “keeping him waiting”, as he advised the police authorities to ensure they are ready when next he is being invited...

Despite Claiming To Be Broke, NDDC Bought Eight Vehicles For N560m – Sagay

BEVERLY HILLS, March 02, (THEWILL) - Chairman of the Presidential Advisory Committee Against Corruption, PACAC, Prof. Itse Sagay SAN, has regretted that the Niger Delta Development Commission, NDDC, and the Nigeria Customs Service, NCS, are still drenched in corruption...

MTN Announces First Ever Loss

BEVERLY HILLS, March 01, (THEWILL) - South African telecoms giant MTN said Thursday that it made a $200m loss in 2016 – the company’s first – after suffering a huge fine in Nigeria and currency challenges in key markets. “MTN Group’s...

#Trending: Court, CBN Urged To Wind Up Heritage Bank Over Insolvency, Distress

BEVERLY HILLS, March 01, (THEWILL) - The Federal High Court in Abuja and the Central Bank of Nigeria (CBN) have been asked to wind up and revoke the operational licence of Heritage Bank over an alleged state of financial insolvency...

THEWILL Editorial: Nigeria Needs A United, Potent PDP

BEVERLY HILLS, March 01, (THEWILL) - The lingering leadership tussle in the opposition Peoples Democratic Party, PDP, has become a source of worry to those who truly wish for the deepening of democracy in Nigeria. This is more so as...

Senate Confirms Onnoghen As Nigeria’s Chief Justice

BEVERLY HILLS, March 01, (THEWILL) - The Senate on Wednesday confirmed Justice Walter Onnoghen as the substantive Chief Justice of Nigeria, CJN. He was confirmed by a voice vote after fielding questions from the lawmakers who drilled him on his...

Court Strikes Out Six Charges Against Nnamdi Kanu

BEVERLY HILLS, March 01, (THEWILL) - Justice Binta Nyako, of the Federal High Court, Abuja, on Wednesday struck out six of the 11 charges brought against detained leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu, by the...

Osinbajo Identifies Why There Is Much Corruption Among Nigerian Elite

BEVERLY HILLS, March 01, (THEWILL) - ​​The Acting President, Prof. Yemi Osinbajo on Tuesday observed that the high premium placed on wealth in the country is responsible for the prevalence of so much corruption among Nigeria’s political, religious and...