Headline

CBN: Nigeria’s Foreign Reserve May Slip To $18bn, Forecloses Naira Devaluation

BEVERLY HILLS, February 24, (THEWILL) - Going by the projection of the Central Bank of Nigeria (CBN), the Nigeria's foreign reserve, which stands at $27.66 billion may deplete further to $18 billion this year. This is as a result of...

PDP Laments Clampdown On Its Leaders, Decries Continued Detention of Secondus, Says Ekweremadu, Akpabio Next

SAN FRANCISCO, February 24, (THEWILL) – The Peoples Democratic Party (PDP) has lamented what it described as the ‘oppressive and unfair treatments’ against its key leaders by the Federal Government. This was contained in a statement signed by Barr. Victor...

UPDATE I: EFCC Arrests PDP’s Deputy National Chairman, Secondus

Ask ZiVA 728x90 Ads
BEVERLY HILLS, February 24, (THEWILL) – Chief Uche Secondus, the Deputy National Chairman of the Peoples Democratic Party (PDP), has been arrested by the Economic and Financial Crimes Commission (EFCC) over allegations of graft. THEWILL gathered that Secondus, who served...

Former ADC To Jonathan Sues EFCC, Demands N100m Damages

SAN FRANCISCO, February 24, (THEWILL) – Erstwhile Aide de Camp, ADC, to the former President Goodluck Jonathan, Col. Ojogbane Adegbe has dragged the Economic and Financial Crimes Commission (EFCC) to court to challenge his alleged detention. Adegbe, in the suit...

N1.04trn Fine: MTN Withdraws Suit Against NCC, Pays N50bn ‘In Good Faith’

BEVERLY HILLS, February 24, (THEWILL) – South African mobile telecommunication company, MTN has withdrawn its suit against the Nigerian Communications Commission, NCC, even as it paid N50bn towards an out-of-court settlement of the matter for which it had dragged...

Delta Assembly Finally Removes Embattled Uvwie Council Boss As Okowa Swears-In Successor

SAN FRANCISCO, February 24, (THEWILL) – The embattled chairman of Uvwie Local Government Area of Delta state, Hon Henry Baro has failed to return to his position as the state House of Assembly sacked him following allegations of financial...

Asian Countries Are Frustrating Nigeria’s War Against Corruption – Magu

BEVERLY HILLS, February 24, (THEWILL) – The Economic and Financial Crimes Commission, EFCC, has stated that some Asian countries, particularly China, are frustrating the efforts by Nigeria to fight the scourge of corruption. Acting Chairman of the Commission, Mr. Ibrahim...

Update: Nigeria Files 11-Count Money Laundering, 419 Fraud Charges Against Abba Moro, Others

BEVERLY HILLS, February 23, (THEWILL) - The Nigerian government has filed charges against a former Minister of Interior under the erstwhile Goodluck Jonathan presidency, Comrade Abba Moro, the ministry’s ex-Permanent Secretary, Anastasia M. Daniel-Nwaobia, F. A. Aleyebami and a...

Diezani Denies Claims Of $24 BN Crude Oil SWAP Deals Without Contract

BEVERLY HILLS, February 23, (THEWILL) - The former Minister for Petroleum Resources, Mrs. Diezani Alison-Madueke, currently undergoing extensive cancer treatment in London, has strongly refuted claims that she gave $24 billion oil swap deals without contract. In a press release...

Naira Sells @ N318 To $1 In Parallel Market

SAN FRANCISCO, February 23, (THEWILL) – The Naira Tuesday closed at N318 to US$1 in the parallel market, extending its 2-day rally against the greenback, according to a survey conducted by THEWILL across the markets. The naira closed at...