News

Fitch Warns Climate Risks Could Weaken Nigerian Banks’ Asset Quality

July 9 (THEWILL) — Climate-related risks could increasingly weigh on the financial health of Nigerian banks over the coming decades, with rising exposure to vulnerable sectors likely to weaken credit quality and increase loan losses, according to Fitch Ratings. In...

Tinubu Repositioning Nigeria’s Economy for Long-Term Sustainability – Alia

July 9 (THEWILL) — Benue State Governor, Rev. Father Hyacinth Alia, asserted that President Bola Tinubu's courage and political will regarding economic reforms are effectively repositioning Nigeria's economy for long-term sustainability. The governor made this statement on Wednesday during a...

Explosions Shake Southern Iran as U.S. Escalates Military Campaign

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July 9 (THEWILL) — Explosions rocked several cities across southern Iran on Wednesday night, including the strategic Abu Musa Island in the Strait of Hormuz, as the United States launched another round of airstrikes against Iranian military targets. Iran's state...

Police Foil Suspected Vehicle Theft, Recover Stolen Mini Bus In Akwa Ibom

July 8 (THEWILL) — Operatives of the Akwa Ibom Police Command have arrested a 36-year-old suspected vehicle thief and recovered a stolen mini bus in an intelligence-led operation, thwarting an alleged attempt to dispose of the vehicle. The Command's spokesperson,...

Israel Bars Arab League Secretary-General From Entering Occupied West Bank

July 8 (THEWILL) — Israel has barred Arab League Secretary-General, Nabil Fahmy, from entering the occupied West Bank, preventing the regional bloc's new leader from making what was expected to be his first official foreign visit to the Palestinian...

Shoot On Sight, Don’t Wait For Orders – Nigerian Defence Minister Tells Troops, Declares Zero Tolerance For Terrorists, Bandits

July 8 (THEWILL) — The Minister of Defence, Gen. Christopher Musa (retd.), on Wednesday, directed troops engaged in counter-terrorism and anti-banditry operations to shoot terrorists and bandits on sight without waiting for further authorisation, declaring that the Federal Government...

Nigerian Equities Market Extends Rally As Investors Add ₦3.45trn

July 8 (THEWILL) — The Nigerian Exchange (NGX) sustained its bullish momentum on Wednesday as renewed buying interest in large-cap and banking stocks lifted investors’ wealth by ₦3.45 trillion, with the benchmark All-Share Index (ASI) climbing above the 242,000-point...

Nigerian Army Chief Crackdown On Social Media Violations As Gov Nwifuru Pledges Aggressive Infrastructure Drive For Ebonyi State

July 8 (THEWILL) — The Chief of Army Staff, Lt. Gen. Waidi Shaibu, has sounded a strong warning to newly enlisted soldiers against the unauthorised use of social media, warning that posting operational information, images of military activities, sensitive...

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...