News

Global Growth Slows, But Nigeria’s Economy To Expand 4.1% In 2026, 4.3% In 2027 — IMF

July 8 (THEWILL) — The International Monetary Fund (IMF) has projected that Nigeria's economy will expand by 4.1 percent in 2026 and accelerate to 4.3 percent in 2027, even as global economic growth is expected to slow to 3.0...

Tinubu Asks Senate To Confirm CBN Deputy Governor Yuguda As AMCON Board Chairman

July 8 (THEWILL) — President Bola Tinubu has asked the Senate to confirm the appointment of Lamido Yuguda, the current Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Financial System Stability, as Chairman of the Board...

They Don’t Want Me On Ballot – NDC Presidential Candidate Peter Obi Alleges Systematic Intimidation

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July 8 (THEWILL) — The presidential candidate of the Nigeria Democratic Congress (NDC) for the 2027 general election, Peter Obi, has alleged that he is being subjected to systematic intimidation and deliberate frustration by the Federal Government, warning that...

Ebonyi Community Cries Out Over Intimidation, Arrest By Nwifuru’s Aide

July 8 (THEWILL) — The people of Ekebe-Nkaleke Autonomous Community in Ohaukwu Local Government Area of Ebonyi State have expressed outright disappointment over the maltreatment, threat of arrest, suppression, intimidation, and above all, total neglect meted out to them...

Premium Pension, Trustfund Pensions Propose Merger to Become Nigeria’s Third-Largest PFA

July 8 (THEWILL) — Premium Pension Limited and Trustfund Pensions Limited have proposed a merger that would create Nigeria's third-largest Pension Fund Administrator (PFA), subject to regulatory approvals. The proposed transaction was disclosed in a merger notification published on Tuesday...

Court Orders EFCC to Retract $6bn Fraud Allegation Against Ex-Power Minister, Awards ₦10m in Damages

July 8 (THEWILL) — The Federal Capital Territory (FCT) High Court has ordered the Economic and Financial Crimes Commission (EFCC) to retract a publication that falsely alleged that Olu Agunloye, the former Minister of Power, was involved in a...

Tinubu Invitation Motion Sparks Uproar in Reps Over Constituency Projects Funding

July 8 (THEWILL) — A motion seeking to invite President Bola Tinubu to appear before the House of Representatives over the implementation of the 2025 Appropriation Act triggered a heated debate on Wednesday, briefly disrupting plenary as lawmakers sharply...

Alleged ₦218m Money Laundering: Ex-Port Harcourt Refinery MD Dikko Arraigned, Granted ₦150m Bail

July 8 (THEWILL) — The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned the immediate past Managing Director of the Port Harcourt Refining Company Limited (PHRC), Ahmed Dikko, before the Federal High Court in Abuja over an alleged...

Premium Pension, Trustfund Pensions Propose Merger to Become Nigeria’s Third-Largest PFA

July 8 (THEWILL) — Premium Pension Limited and Trustfund Pensions Limited have proposed a merger that would create Nigeria's third-largest Pension Fund Administrator (PFA), subject to regulatory approvals. The proposed transaction was disclosed in a merger notification published on Tuesday...

It’s Legal Tender – CBN Declares Standard ₦100 Note Valid, Warns Against Rejection

July 8 (THEWILL) — The Central Bank of Nigeria (CBN) has confirmed that the standard ₦100 banknote remains a valid legal tender in Nigeria. It cautioned individuals, businesses, financial institutions, and other economic agents against rejecting it for transactions, warning...