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Oil Prices Soar Past $60

BEVERLY HILLS, February 08, (THEWILL) - Oil prices today soared to their highest in a year, with Brent futures jumping over $60 a barrel, courtesy supply cuts among key producers and hopes that the US will roll out economic stimulus...

Police Bust Fake CBN Investment Scheme

BEVERLY HILLS, February 08, (THEWILL) - A joint operation of the Lagos and Edo commands of the Nigerian police has apprehended the mastermind behind a syndicate group impersonating the Central Bank of Nigeria (CBN) to defraud unwary members of...

COVID-19: Nigeria Set To Receive 16 Million Doses Of AstraZeneca/Oxford Vaccine

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... As Buhari Lauds AU Acquisition Task Team BEVERLY HILLS, February 07, (THEWILL) - Nigeria is set to receive the largest allocation of 16 million doses out of the 88 million AstraZeneca/Oxford vaccine doses allocated to African...

COVID-19: WHO Disqualifies Nigeria From Global Bid For Pfizer-BioNTech Vaccine

BEVERLY HILLS, February 06, (THEWILL) - The World Health Organisation-led COVAX global initiative has failed to shortlist Nigeria for the Pfizer vaccines. This followed the country’s inability to meet the standard requirement of being able to store the vaccines at...

WTO: Finally, U.S. Okays Okonjo-Iweala, Hails Korea’s Yoo Myung-hee

BEVERLY HILLS, February 06, (THEWILL) - The United States has finalled endorsed Dr. Ngozi Okonjo-Iweala for the top job at the World Trade Organisation following the withdrawal of Korea's Trade Minister, Yoo Myung-hee . In a statement, Friday, by...

FG Lifts Ban On Emirates As UAE Suspends Rapid Tests

BEVERLY HILLS, February 05, (THEWILL) - The Federal Government has lifted the ban it placed on Emirates Airlines. This was in response to the withdrawal of the Rapid Antigen Testing by the United Arab Emirates for passengers on Emirates flights. The...

Nigeria, India Ban Cryptocurrencies

BEVERLY HILLS, February 05, (THEWILL) - The Central Bank of Nigeria (CBN) has, again, warned against any dealings in cryptocurrencies declaring such transactions as prohibited. This is coming on the heels of similar policy action by the Indian government banning...

COVID-19: FG Suspends Outbound Emirates Flights

BEVERLY HILLS, February 05, (THEWILL) - The outbound flights of Emirates Airlines from Nigeria have been hit with a 72-hour suspension by the Nigerian Civil Aviation Authority (NCAA). A circular by NCAA, issued on February 4, said, the suspension followed...

Breaking: Coast Clear For Okonjo-Iweala As South Korean Minister Officially Withdraws From WTO Race

BEVERLY HILL, February 05, (THEWILL) - South Korean trade Minister, Yoo Myung-hee, on Friday (Feb 5) dropped her bid to become head of the World Trade Organisation (WTO), clearing the way for Nigeria’s Ngozi Okonjo-Iweala to become the global...

Buhari Reappoints Folashade As MD/CEO NAIC

BEVERLY HILLS, February 05, (THEWILL) - President Buhari has approved the appointment of Mrs. Folashade Joseph as Managing Director/Chief Executive Officer of the Nigerian Agricultural Insurance Corporation (NAIC) for another term of four years. A statement by NAIC’s Head,...