News

July 9 (THEWILL) — ExxonMobil and its partners have committed $1 billion to the Usan Infill Project in Nigeria's offshore oil sector, with the investment expected to increase the country's crude oil production by about 40,000 barrels per day. The...

July 9 (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it is ending the practice of financing the Port Harcourt and Warri refineries with crude-backed loans, as it shifts to a commercial funding model aimed at...

July 9 (THEWILL) — Climate-related risks could increasingly weigh on the financial health of Nigerian banks over the coming decades, with rising exposure to vulnerable sectors likely to weaken credit quality and increase loan losses, according to Fitch Ratings. In...

July 9 (THEWILL) — Benue State Governor, Rev. Father Hyacinth Alia, asserted that President Bola Tinubu's courage and political will regarding economic reforms are effectively repositioning Nigeria's economy for long-term sustainability. The governor made this statement on Wednesday during a...

July 9 (THEWILL) — Explosions rocked several cities across southern Iran on Wednesday night, including the strategic Abu Musa Island in the Strait of Hormuz, as the United States launched another round of airstrikes against Iranian military targets. Iran's state...

July 8 (THEWILL) — Operatives of the Akwa Ibom Police Command have arrested a 36-year-old suspected vehicle thief and recovered a stolen mini bus in an intelligence-led operation, thwarting an alleged attempt to dispose of the vehicle. The Command's spokesperson,...

July 8 (THEWILL) — Israel has barred Arab League Secretary-General, Nabil Fahmy, from entering the occupied West Bank, preventing the regional bloc's new leader from making what was expected to be his first official foreign visit to the Palestinian...

July 8 (THEWILL) — The Minister of Defence, Gen. Christopher Musa (retd.), on Wednesday, directed troops engaged in counter-terrorism and anti-banditry operations to shoot terrorists and bandits on sight without waiting for further authorisation, declaring that the Federal Government...

July 8 (THEWILL) — The Nigerian Exchange (NGX) sustained its bullish momentum on Wednesday as renewed buying interest in large-cap and banking stocks lifted investors’ wealth by ₦3.45 trillion, with the benchmark All-Share Index (ASI) climbing above the 242,000-point...

July 8 (THEWILL) — The Chief of Army Staff, Lt. Gen. Waidi Shaibu, has sounded a strong warning to newly enlisted soldiers against the unauthorised use of social media, warning that posting operational information, images of military activities, sensitive...