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THEWILL Editorial: N4.2bn SUVs: Senate Must Lead By Example

BEVERLY HILLS, January 11, (THEWILL) – In the face of dwindling revenues, occasioned by the fall in global crude oil prices, the upper chamber of the National Assembly has come under sharp criticisms, over its proposal to buy customized...

Fashola Unveils 13-Point Agenda For Power Sector Reforms

BEVERLY HILLS, January 11, (THEWILL) – The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Monday unveiled a 13-point agenda to drive efforts towards enhancing power supply in the country. Fashola, in his maiden meeting with power generation,...

CBN’s Statement Confirming You Can Now Deposit Forex In Cash Into Your Bank Account

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BEVERLY HILLS, January 11, (THEWILL) – The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele in a press conference Monday confirmed that customers can now pay foreign currencies in cash into their bank accounts as exclusively first reported...

Metuh Drags EFCC To Court, Seeks Release From Detention

SAN FRANCISCO, January 11, (THEWILL) – Detained spokesman of the Peoples Democratic Party, PDP, Chief Olisa Metuh, has asked the Federal High Court in Lagos to order his release from the custody of the Economic and Financial Crimes Commission,...

EFCC Arrests NBC Boss, Mba Over Alleged N15bn Fraud

BEVERLY HILLS, January 11, (THEWILL) – The Director-General of the Nigerian Broadcasting Commission, NBC, Mr. Emeka Mba, was on Monday picked up by operatives of the Economic and Financial Crimes Commission, EFCC, over an alleged N15bn fraud. Mba, who sources...

We Have Degraded Boko Haram, Sect Can No Longer Launch Spectacular Attacks – Buhari

BEVERLY HILLS, January 11, (THEWILL) – President Muhammadu Buhari yesterday insisted that the Nigerian military has succeeded in degrading the extremist Boko Haram sect to the extent that the terrorists “can no longer launch military style attacks as they...

EFCC Tells Beneficiaries Of Dasukigate To refund Cash Or Face Trial

BEVERLY HILLS, January 11, (THEWILL) – The Economic and Financial Crimes Commission, EFCC, has warned all politicians who benefited from the alleged diversion of the $2.1bn arms procurement money to return what they got or face prosecution. Sources at the...

Nwobodo Allays Fears That His Defection Was To Lord Over Enugu APC

BEVERLY HILLS, January 11, (THEWILL) – A former Governor of the old Anambra State and Information minister, Chief Jim Nwobodo, has told members of the All Progressives Congress, APC, in Enugu State not to feel threatened by his defection...

$14bn Refinery: CBN Assures Dangote Of FOREX Support

BEVERLY HILLS, January 11, (THEWILL) – The Central Bank of Nigeria, CBN, has said that it would assist the Dangote Group to access foreign exchange to facilitate its $14 billion refinery project. BEVERLY HILLS, January 11, (THEWILL) – The CBN...

FAAN Furious As Turkish Airlines Arrives Nigeria Without Passengers’ Luggage Again

SAN FRANCISCO, January 10, (THEWILL) – Turkish Airlines has again arrived Nigeria without passengers’ luggage, two weeks after the same situation caused a roar at the Abuja international airport. Saleh Dunoma, Managing Director, Federal Airports Authority of Nigeria (FAAN), has...