News

July 01 (THEWILL) — The Federal Government has reduced the import levy on new vehicles from 20 per cent to 10 per cent and on used vehicles from 15 per cent to five per cent under its 2026 Fiscal...

July 01 (THEWILL) — The Presidency has disclosed that Adeyemi Adeniyi Matthew, who allegedly paraded himself as a presidential appointee and Director-General of a non-existent Presidential Foreign Intervention Promotion Council cum Presidential Economic Advisory Council, will face trial on...

July 01 (THEWILL) — Nigerian Exchange Limited (NGX) has announced the outcome of its Half-Year 2025 review of its market indices. This updated the composition of several key benchmarks to reflect prevailing market conditions and ensure the indices remain representative...

July 01 (THEWILL) — The International Monetary Fund (IMF) has disclosed that Nigeria recorded public spending equivalent to about 2 percent of its Gross Domestic Product (GDP) outside recent official budgets. It noted that the anomaly created a gap between...

July 01 (THEWILL) — The Supreme Court has commenced a major digital transformation of its judicial processes with the unveiling of new practice directions mandating the electronic upload of court processes and records for appeals beginning from September 2026,...

July 01 (THEWILL) — The Defence Headquarters (DHQ) has unveiled a nationwide toll-free emergency line, 193, calling on Nigerians to promptly report security threats and provide credible intelligence to support ongoing military operations against terrorism, banditry, kidnapping, and other...

July 01 (THEWILL) — The Nigerian Exchange (NGX) closed lower on Wednesday, extending its bearish run as sustained selling pressure across key counters erased ₦2.39 trillion from investors’ wealth. Market capitalisation declined from ₦147.217 trillion at the opening of trade...

July 01 (THEWILL) — Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has said Nigeria has successfully navigated the most difficult phase of its economic reforms and is now focused on accelerating broad-based and inclusive...

July 01 (THEWILL) — ‎No fewer than sixteen residents in the Sai community in Katsina Ala Local Government Area of Benue State were gruesomely killed in the early hours of Wednesday by suspected terrorist herdsman, while others sustained injuries. An...

July 01 (THEWILL) — A capital market expert and investment analyst, David Adonri, has explained the significant downturn in the Nigerian Capital Market observed at the conclusion of the second quarter of 2026 - which witnessed substantial asset offloading,...