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BREAKING: CBN Revokes Licences Of 46 Microfinance Banks Over Regulatory Breaches

July 01, (THEWILL) — The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 Microfinance Banks (MFBs) across the country, citing their failure to meet key regulatory requirements for continued operation. The apex bank announced that the...

Former Minister Uche Nnaji Arrested

July 1 (THEWILL) — Former Minister of Science and Technology, Uche Nnaji, was arrested on Wednesday by operatives of the Department of State Services (DSS) at the Akanu Ibiam International Airport, Enugu, as he prepare to board a private...

US Supreme Court Upholds Birthright Citizenship in Sharp Rebuke to President Donald Trump

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June 30 (THEWILL) — United States President Donald Trump suffered a major legal setback on Tuesday after the United States Supreme Court ruled 6-3 that the U.S. Constitution guarantees automatic birthright citizenship to virtually all children born on American...

269 More Nigerians Return From South Africa Via Air Peace

June 30 (THEWILL) — The second evacuation flight operated by Air Peace has brought 269 Nigerian returnees from South Africa to Lagos, as the Federal Government stepped up efforts to repatriate citizens ahead of the June 30 deadline for...

UK Unveils £10,000 Asylum Repayment Plan, Tightens Settlement Rules

June 30 (THEWILL) — The United Kingdom Government has unveiled a major overhaul of its asylum system that will require many refugees granted asylum to repay up to £10,000 towards the cost of their accommodation and financial support before...

Court Grants Sowore ₦200m Bail

June 30 (THEWILL) — The Federal High Court in Abuja has granted fresh bail to activist and publisher, Omoyele Sowore, in the sum of ₦200 million after previously revoking his bail over his failure to appear before the court. Justice...

Nwifuru, Wike Tango Signposts Fresh Battle for 2027

June 29 (THEWILL) — The ongoing fight for political turf in Ebonyi State between Governor Francis Nwifuru and the Peoples Democratic Party, PDP, is just the beginning of a larger battle that would rock many states during the 2027...

Manufacturers Grapple with N1.09tn FX Losses Amid 18,900 Job Losses

June 29 (THEWILL) — Three years after the naira was floated on June 14, 2023, the country's manufacturing sector remains one of the clearest gauges of the policy's far-reaching consequences. Introduced as part of broader economic reforms aimed at...

THEWILL EDITORIAL: Curbing Expanding e-Payment Frauds

June 29 (THEWILL) — The Central Bank of Nigeria (CBN) has indicated that between 2020 and 2025, banks and their customers experienced a combined loss of N134.48 billion due to fraud, which highlights the increasing security concerns within the...

Nigeria Counterterrorism Raid Yielded Biggest ISIS Intelligence Haul Since 9/11

June 29 (THEWILL) — The United States Government has revealed that a recent joint counterterrorism operation in Nigeria produced the largest cache of enemy electronic intelligence recovered by American forces since the September 11, 2001, terrorist attacks, describing the...