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TSA: CBN Fines FirstBank, UBA N4.82bn For Concealing NNPC Funds

...Restates stance against naira devaluation   In line with its threat to sanction commercial banks that failed to comply with the federal government’s directive on the remittance of government revenue to the treasury single account (TSA), the Central Bank of Nigeria...

Former NSA, Dasuki, Faces Fresh Charges, Seeks To Travel Abroad As FG Wants Him Tried Secretly

BEVERLY HILLS, October 26, (THEWILL) – The Federal Government Monday filed fresh charges against former National Security Adviser (NSA), Col. Sambo Mohammed Dasuki (rtd), who is facing criminal charges bordering on unlawful possession of firearms and money laundering. The fresh...

FRC Suspends Atedo, David-Borha, KPMG Staffers Over Fraud In IBTC’s 2013, 2014 Financials

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SAN FRANCISCO, October 26, (THEWILL) – The Financial Reporting Council of Nigeria (FRC) has suspended the Chairman of Stanbic IBTC bank, Mr. Peterside Atedo and Managing Director, Mrs. Sola David-Borha from the board of the bank over accounting irregularities, and...

Update: NCC Fines MTN Record N1.4trn Over SIM Infraction

SAN FRANCISCO, October 26, (THEWILL) – The Nigerian Communications Commission (NCC) has fined MTN Nigeria a record N1.4 trillion naira (Yes, N1.4trn) over alleged breach of SIM registration rules. MTN Nigeria, which has the largest subscriber base in the country,...

FG To Challenge UK On Removal Of 29, 000 Nigerians

BEVERLY HILLS, October 25, (THEWILL) – The Nigeria High Commission in London says it is worried by the migration and removal policy of the UK Government, which has placed deportation tag on 29,000 Nigerians. The Acting Nigerian High Commissioner in...

Buhari, Modi, African Leaders To Discuss Terrorism, Climate Change, Other Issues In New Delhi

SAN FRANCISCO, October 25, (THEWILL) – President Muhammadu Buhari will leave Abuja Tuesday for New Delhi to participate in the 3rd Summit of the India-Africa Forum which was established in 2008 as the official platform for the advancement of...

Premature Explosion Kills Four Suicide Bombers In Borno

BEVERLY HILLS, October 25, (THEWILL) – In what appeared to be a botched operation, Sunday, four suspected suicide bombers were killed when a premature explosion rocked the vehicle in which they were travelling at Njimtilo, a village just a...

Former President Obasanjo Survives Auto Accident

SAN FRANCISCO, October 24, (THEWILL) – A vehicle that was conveying former President Olusegun Obasanjo to the Murtala Muhammed International Airport (MMIA) from Abeokuta had a trye blowout on Saturday evening. Mr. Obasanjo who was travelling with associates including Chief Oyewole...

Rivers Guber: PDP, Wike To Appeal Judgment

BEVERLY HILLS, October 24, (THEWILL) – The Peoples Democratic Party, PDP, and the Rivers State governor, Nyesom Ezenwo Wike, said on Saturday that they will appeal the judgment of the Rivers State Governorship Election Petition Tribunal which nullified Wike’s...

Rivers: Why Tribunal Nullified April 11 Guber Poll, Orders Fresh Election

BEVERLY HILLS, October 24, (THEWILL) – In what appears as a change of fortune, the Rivers State election petition tribunal sitting in Abuja, Saturday, cancelled the April 11 governorship election which produced Barrister Nyesom Wike of the Peoples Democratic Party...