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Guinness Nigeria: Quick Recovery From ‘Baffling Deal’

September 19, (THEWILL) - Nigeria’s major Fast-Moving Consumer Goods (FMCG) firms listed on The Exchange recorded significantly impressive performances in their half year (H1 2021) operations and the results were far beyond industry expectations. But Guinness Nigeria Plc, a...

THEWILL EDITORIAL: Ominous Decline In Investment Inflow

The deepening slump in foreign investment currently witnessed in the Nigerian economy is a bad omen for the country.  The inauspicious trend should evoke sincere concerns among those in a position to address it. Aside from its pernicious impact, it...

Presidency Lists Projects, Beneficiaries Of External Borrowing Plan

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September 18, (THEWILL) - The Presidency has defended its external borrowing plan by listing a total of 15 projects, spread across the six geo-political zones of the country,  to be financed with more than $4 billion from multilateral institutions,...

Lagos EndSARS Panel Adjourns Sitting Indefinitely

September 18, (THEWILL) - The Lagos State Judicial Panel on Restitution for Victims of SARS related abuses and other matters will adjourn its sitting until further notice, after Saturday’s session. Chairman of the panel, Justice Doris Okuwobi, announced this at...

AbokiFX Suspends Currency Rate Updates In Aftermath Of CBN Crackdown

September 17, (THEWILL) - AbokiFX, the website that quotes daily foreign exchange rates against the naira, has announced the interim suspension of the updates on its platform following serious allegations of currency manipulation, speculation and illegal dealings in...

CBN Vows To Prosecute AbokiFX Promoter Over Forex Manipulation, Illegal Trading

September 17, (THEWILL) - The Central Bank of Nigeria (CBN) has vowed to prosecute the Founder of AbokiFX, the website that quotes daily foreign exchange rates, Oniwinde Olusegun Adedotun, accusing him of currency manipulation, speculation and illegal forex dealings. Governor of...

BREAKING: Court Orders Resident Doctors To Suspend Industrial Action

September 17, (THEWILL) - The National Industrial Court has ordered the Nigerian Association of Resident Doctors (NARD) to suspend their strike action and go back to work immediately, pending the determination of the substantive suit. All parties have also been asked...

BREAKING: Court Grants Sunday Igboho N20bn In Damages

September 17, (THEWILL) - An Oyo State High Court has awarded N20 billion in aggravated damages to the Yoruba nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho. Igboho had sued the federal government and the Department of State Services (DSS) for the...

BREAKING: Edo Directs Enforcement Of “No Vaccination Card, No Entry” In Public Offices

September 17, (THEWILL) - The Edo state government has directed the enforcement of its "No Vaccination Card, No Entry" in all government facilities as of Sept.15 as a means of curbing the spread of the coronavirus disease in the...

BREAKING: CBN Freezes AbokiFX Bank Accounts Over Suspicious Currency Rate Manipulation, Others  

September 16, (THEWILL) - The Central Bank of Nigeria, CBN, has frozen Nigerian bank accounts operated by popular currency website, AbokiFX and its promoter, Oniwinde Olusegun Adedotun, for alleged currency rate manipulation, speculation and illegal currency trading amongst other currency infractions. More...