News

The Federal Government is seeking to raise up to N1.2 trillion by reopening three FGN bonds, reinforcing its reliance on the domestic debt market to finance budget implementation and manage public debt obligations. Rather than issuing new securities,...

Nigeria's crude production soared to a 74-month high of 1.56 million barrels per day in June 2026. Stable pipelines and operational efficiency pushed output to 104% of Nigeria's official OPEC quota. Despite the massive boom, local refineries are...

Police rescue abducted Oyo headmaster less than 24 hours after gunmen demanded a ₦30 million ransom for his release. Commissioner of Police says coordinated security pressure forced kidnappers to abandon the victim and flee. Nigerians hail the swift...

The IMF maintained Nigeria’s 2026 growth forecast at 4.1 percent, citing resilience despite global uncertainty and the impact of the Middle East conflict. Nigeria’s economy expanded by 3.89 percent in Q1 2026, but growth remains concentrated in sectors...

Final Air Peace flight to evacuate 315 Nigerians from Johannesburg, ending the Federal Government's emergency repatriation exercise. Five evacuation flights returned 1,400 Nigerians following renewed xenophobic attacks and security concerns in South Africa. FG reaffirms commitment to protecting...

Nigeria's newly signed Double Taxation Agreement with Hong Kong could significantly improve the country's attractiveness to international investors by eliminating the risk of double taxation on cross-border income. The treaty provides greater tax certainty, lowers compliance costs and...

Tinubu appoints Eyitope Kola-Oyeneyin and Muhammad Hadi Mutallab as chairpersons of the governing boards of NIPC and NEPZA. The federal government describes the appointments as non-political, saying they are aimed at strengthening institutional governance and strategic oversight. Kola-Oyeneyin...

July 14, (THEWILL) — The Akwa Ibom State House of Assembly (AKHA) Committee on Local Government and Chieftaincy Affairs has expressed satisfaction with projects executed by the Itu Local Government Council, commending the council's management for accountability in the...

Deputy U.S. Marshal fatally shot during operation to arrest wanted fugitive in Louisiana. Suspect taken into custody as FBI leads murder investigation into deadly shooting. Authorities say the incident occurred during a joint U.S. Marshals Violent Offender Task...

NGX sheds ₦1.32 trillion as profit-taking in BUA Cement and PZ Cussons drags the market lower. Market breadth weakens with 42 decliners outweighing 19 gainers, signalling broad-based selling pressure. July 14, (THEWILL) — The Nigerian stock market opened the...