News

Nigeria’s Tax Reform Gains at Risk as Insecurity, Food Crisis Deepen

July 06, (THEWILL) — The challenges of insecurity and food crisis pose significant threat to the ambitious gains of Nigeria’s tax reforms as implementation of the landmark fiscal initiative advances into the second half of the year. The Nigeria Revenue...

Suspend Proposed NYSC Reforms, Benue Rep Agbese Tells Tinubu

July 6 (THEWILL) — Deputy Spokesman of the House of Representatives and member representing Ado/Okpokwu/Ogbadibo Federal Constituency of Benue State, Philip Agbese, has urged President Bola Tinubu to suspend the Federal Government's proposed reforms to the National Youth Service...

Nigeria’s Import Bill Shrinks as Local Refining Reshapes Trade Balance in H1 2026

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July 06, (THEWILL) — Nigeria's external sector posted one of its strongest starts to a year in recent history as a sharp decline in refined petroleum imports helped reduce the country's import bill, widen its trade surplus and ease...

PZ Cussons Grows Pre-Tax Profit by 364% to N77.32bn in FY2026

July 6 (THEWILL) — PZ Cussons Nigeria Plc recorded a sharp increase in profitability for the financial year ended May 31, 2026, as pre-tax profit surged 364.08 percent to N77.32 billion from N16.66 billion a year earlier, driven by...

OPEC+ Raises August Production Quota by 188,000 bpd, Extends Supply Increase

July 06, (THEWILL) — The Organization of the Petroleum Exporting Countries and its allies (OPEC+) has approved a fresh 188,000 barrels per day (bpd) increase in oil production quotas for August, extending its phased supply restoration strategy as...

Court Reserves Ruling in Times Multimedia, Afreximbank IP Dispute Over CAX, CANEX

July 05, (THEWILL) — The Federal High Court in Lagos has reserved ruling until September 29, 2026, on a preliminary objection filed by the African Export-Import Bank (Afreximbank) challenging the court's jurisdiction to hear an intellectual property infringement suit...

Police Foil Bandit Attack in Sokoto Billage, Kill One

July 05, (THEWILL) — Police in Sokoto State have killed a suspected armed bandit and recovered one AK-47 rifle with live ammunition following a foiled attack on Daraye Village in Wamako Local Government Area of the State. According to...

SERAP Asks Akpabio, Abbas to Explain ₦1.3bn Allocation to ‘Fictitious’ Presidential Council

July 05, (THEWILL) — The Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Senator Godswill Akpabio, and the Speaker of the House of Representatives, Tajudeen Abbas, to “urgently disclose certified copies of all documents relating...

‘No ₦8tn Shadow Treasury, All Public Spending Backed by Law’ – FG Clarifies IMF Report, Faults Atiku

July 05, (THEWILL) — Federal Government has dismissed allegations that it operated a "shadow treasury" through more than ₦8 trillion in off-budget spending, insisting that every kobo of public expenditure under the administration of President Bola Tinubu is...

Nigerian-British Grandma, Malaysia-Based PhD Student Nabbed as NDLEA Intercepts Cocaine Hidden in Plantain Peels, Orijin Cartons

July 05, (THEWILL) — A 67-year-old Nigerian-British grandmother and a Malaysia-based Nigerian PhD student have been arrested by operatives of the National Drug Law Enforcement Agency (NDLEA) in separate operations that uncovered sophisticated attempts to traffic cocaine concealed inside...