News

Religious Controversy: Scholar Slams Kano State’s Mass Wedding Scheme

Prominent Kano Islamic scholar, Sheikh Hadi MaiHula, has condemned the state government's sponsored mass wedding of 1,500 couples, declaring the initiative "forbidden" under Islamic law. The cleric argued that marriage is not compulsory for those without financial means...

Nigeria’s Inflation Falls To 15.43 Percent In July As Food Prices Accelerate

Nigeria’s headline inflation fell to 15.43 Percent in July from 15.91 percent in June, while monthly inflation also eased to 1.57 Percent. Food inflation, however, accelerated sharply to 5.56 percent month-on-month from 3.75 percent in June, driven by...

Osun Government Drops EFCC Suit on Frozen Account

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Governor Ademola Adeleke has directed the Osun State Attorney-General to withdraw the government's suit against the EFCC over the freezing of the state's statutory allocation account. The governor says President Bola Tinubu's intervention and personal phone call prompted...

Nigeria’s Net FX Flow Falls 29% as Outflows More Than Double

Nigeria’s net foreign exchange flow fell 29 percent month-on-month to $4.94 billion in March 2026 as total FX outflows more than doubled. CBN data showed outflows jumped from $2.50 billion in February to $5.54 billion in March, while...

What to Know About Fatima Aliko-Dangote, the Only Woman on Dangote Refinery’s Board

Fatima Aliko-Dangote is the sole female director among the 10 directors listed by Dangote Petroleum Refinery. She joined the group in 2014, moving through strategy and business development before taking a commercial leadership role at NASCON in 2016. ...

Nestoil Pays $60m to Creditor Banks as EFCC-Led Repayment Plan Begins

The EFCC has recovered and transferred $60 million from Nestoil Limited to a consortium of creditor banks as part of an ongoing investigation into the company’s transactions with its lenders. The payment follows a structured repayment plan agreed...

Dangote’s $5bn ‘People’s IPO’ Could Put Nigeria’s Biggest Industrial Bet in the Hands of Small Investors

Dangote Refinery applies for an offer of up to $5 billion on the NGX as a "People's IPO." The 650,000 bpd refinery targets expansion to 1.4 million bpd. Follows a $2.5 billion private placement that was 3.7 times...

2027: Adeleke’s Re-election Sparks Debate Over Tinubu’s Chances in Osun State

August 17, (THEWILL) — As campaigns for the 2027 general election kick-off on the Wednesday, August 19, 2026, official date, the just concluded governorship poll in Osun State has provided pundits and politicians with a template to analyse and...

Comrades Meet to Explore Chances of Alliance Ahead 2027

August 17, (THEWILL) — The foundation members of the defunct Alliance for Democracy, AD, who gathered in Abuja for a reunion have described the event as unconnected with political matters, even as it is obvious that they held the...

$52bn Reserves, Weak Naira: Why Nigeria’s FX Gains Aren’t Strengthening the Currency

August 17, (THEWILL) — Nigeria’s external reserves have climbed above $52 billion, reaching their highest level in about 17 years, but the naira has not responded with a corresponding surge. The apparent disconnect highlights an important reality about Nigeria’s...