News

Dangote Refinery has ended naira-denominated sales of petrol, diesel and aviation fuel, introducing a new dollar-based pricing template for marketers purchasing refined products. The switch reflects a growing mismatch between dollar-priced crude purchases and naira-priced product sales, with...

Supreme Court orders lawyers to upload all case documents for appeals and motions slated between September and December 2026. Counsel must comply through the Nigerian Case Management System (NCMS) at least 30 days before their hearing dates. Directive...

Nigeria and Hong Kong have signed a landmark Taxation Agreement to eliminate multiple taxation on cross-border income. to boost investor confidence The agreement is designed to attract more foreign direct investment and also remove tax-related barriers that often...

July 13, (THEWILL) — A Federal High Court in Lagos has ordered a certain Yakubu Idris and 47 others to make themselves available to the Department of State Services (DSS), Lagos State Command within 45 days to clear themselves...

Trump announces renewed blockade targeting Iranian shipping. U.S. proposes 20% cargo charge for vessels using Strait of Hormuz. UN shipping agency says international law provides no basis for mandatory transit tolls. Proposal raises concerns over global oil supplies,...

Standard Chartered expects the CBN to cut interest rates by only 150 basis points in 2026. The bank now forecasts the Monetary Policy Rate (MPR) will end 2026 at 25 percent, citing persistent inflation. Inflation is now projected...

Ifechukwu Dennis was released from Kuje Correctional Centre after months in detention. Nigeria Police file fresh charges against him at the Federal High Court. Sowore vows to challenge the new prosecution, describing it as persecution. Case centres on...

UK criminalises support for Iran's Revolutionary Guard under new national security law. Anyone expressing support for the IRGC could face up to 14 years in prison. Also designates two Iran- and Russia-linked groups over espionage and sabotage threats. July...

Nigeria's crude oil production rose to 1.56 million barrels per day, its highest level since April 2020. The country exceeded its OPEC quota for the second consecutive month, achieving 104 percent compliance. The milestone has reignited questions about...

Appeal Court upholds Federal High Court judgment nullifying David Mark-led ADC state congresses INEC barred from recognising congresses conducted by committees appointed by the caretaker leadership Court rules congresses and national conventions held in defiance of a subsisting...