News

World Bank To End Lending To China By 2031 As Partnership Enters New Phase

July 1 (THEWILL) — The World Bank will gradually phase out lending to China by 2031, marking a significant shift in its relationship with the world's second-largest economy as Beijing's economic development reduces its need for financial support. According to...

Gov Yusuf Identifies Unemployment, Insecurity, Poor Infrastructure As Major Challenges To Rural Development

July 1 (THEWILL) — Governor Abba Kabir Yusuf of Kano State has identified unemployment, insecurity, inadequate infrastructure, poor access to quality healthcare and education as major challenges to rural development in the state. Yusuf also listed climate-related challenges, inadequate water...

NTDA Backs Ekinrin-Adde Festival, Eyes National Tourism Calendar

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July 1 (THEWILL) — The Nigerian Tourism Development Authority (NTDA) has reaffirmed its commitment to using community-driven tourism as a catalyst for economic diversification, pledging support for the promotion of the annual Omo Atata and Ekinrin-Adde Festival in Kogi...

Air Peace Completes Second South Africa Evacuation, Brings Home 271 Nigerians

June 30 (THEWILL) — Air Peace has completed its second humanitarian evacuation mission from South Africa, airlifting 271 stranded Nigerians back to Lagos as part of the Federal Government's emergency response to rising anti-immigrant tensions and fears of xenophobic...

NGX Rebounds as Airtel Africa, Consumer Stocks Lift Market Capitalisation by ₦653bn

June 30 (THEWILL) — The Nigerian Exchange (NGX) rebounded on Tuesday as renewed buying interest in blue-chip and consumer stocks lifted market capitalisation by ₦653 billion. Market capitalisation rose from ₦146.564 trillion at the opening of trading to ₦147.217 trillion...

FG Moves to Overhaul Education Structure, Scrap JSS, SSS System

June 30 (THEWILL) — The Federal Government has announced a major overhaul of Nigeria's education structure, moving to scrap the separation of Junior Secondary School (JSS) and Senior Secondary School (SSS), describing the policy as a failure that has...

African Airlines Buck Global Slowdown With 8.9% Surge in Passenger Demand

June 30 (THEWILL) — African airlines recorded an 8.9 percent year-on-year increase in international passenger demand in May 2026, outperforming most global regions despite a broader slowdown in global air travel triggered by the conflict in the Middle East. The...

Bayelsa to Arraign Prime Suspect in Justice Omukoro Kidnap

June 30 (THEWILL) — The Bayelsa State Government will on Wednesday arraign the alleged prime suspect in the June 2025 kidnapping of Bayelsa High Court Judge, Justice E.G. Omukoro, in what is expected to be the first major prosecution...

Army Orders Probe Into Alleged Assault, Extortion of UNIOSUN Students

June 30 (THEWILL) — The Nigerian Army has ordered an investigation into allegations that some of its personnel assaulted students of Osun State University (UNIOSUN), Osogbo, following widespread claims by the National Association of Nigerian Students (NANS) that army...

FTSE Russell Delays Nigeria’s Return to Frontier Market Index Over T+1 Settlement Concerns

June 30 (THEWILL) — Global index provider FTSE Russell has placed Nigeria's planned reclassification to Frontier Market status under further review, citing concerns over the country's recent transition to a T+1 securities settlement cycle. The decision, announced on Tuesday, delays...