News

Relief For MDAs As Senate Grants 90-Day Extension For Capital Budget Execution

June 11 (THEWILL) — The Senate, on Thursday, approved a 90-day extension for the implementation of the capital component of the 2025 Appropriation Act, granting Ministries, Departments and Agencies (MDAs) additional time to complete ongoing projects and fully...

Boost For Economy As Nigeria’s Crude Output Hits 1.53mbpd, Surpasses OPEC Target

June 11 (THEWILL) — Nigeria has recorded a significant milestone in its oil industry recovery efforts, with crude oil production rising to 1.53 million barrels per day (mbpd) in May 2026, surpassing the country's production quota allocated by the...

Senate Orders Crackdown On Bandits, Terrorists Flaunting Criminal Activities On TikTok, Other Social Media Platforms

Ask ZiVA 728x90 Ads
June 11 (THEWILL) — The Senate, on Thursday, directed security and intelligence agencies to intensify surveillance and enforcement actions against bandits and terrorists who openly display their criminal activities, weapons, and proceeds of crime on social media platforms,...

Air Peace, FG Deliver Hope, Evacuate 262 Nigerians From South Africa

June 11 (THEWILL) — Air Peace Limited, in collaboration with the Federal Government of Nigeria, on Thursday, successfully evacuated and repatriated 262 Nigerians from South Africa following a recent wave of xenophobic attacks targeting foreign nationals in parts of...

Bears Retain Grip As NGX Extends Weak Run, Investors Lose ₦73bn

June 11 (THEWILL) — The Nigerian stock market closed lower on Thursday, as persistent profit-taking in select equities offset gains recorded in several counters, leaving the benchmark index and market capitalisation in negative territory. Market capitalisation declined by ₦73...

CBN Wins Global Recognition As Cardoso Receives Central Bank Of The Year Award

June 11 (THEWILL) — The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has formally received the prestigious Central Bank of the Year Award at the Central Banking Awards ceremony held in London, describing the recognition as a reflection...

Probe Advances As NSIB Retrieves Cockpit Voice, Flight Data Recorder From Asaba Roadway Landing Aircraft

June 11 (THEWILL) — The investigation into the unusual roadway landing of a Bombardier Challenger CL-601 aircraft near Asaba, Delta State, advanced on Thursday, as the Nigerian Safety Investigation Bureau (NSIB) announced the recovery of the aircraft’s Cockpit...

FG Declares Friday June 12 Public Holiday, Celebrates 27 Years Of Uninterrupted Democracy

June 11 (THEWILL) — The Federal Government has declared Friday, June 12, 2026, a public holiday to commemorate this year’s Democracy Day celebration and mark Nigeria’s 27 years of uninterrupted democratic governance. The declaration was announced in a statement issued...

Access Holdings Names Abiodun Adigun CEO Of Oxygen X To Drive Digital Lending Growth

June 11 (THEWILL) — Access Holdings Plc has appointed Abiodun Adigun as the Managing Director and Chief Executive Officer of Oxygen X Finance Company Limited, its digital lending subsidiary, in a move to accelerate financial inclusion and strengthen the...

Emerging Technologies Key To Sustainable Economic Growth – ASUP

June 11 (THEWILL) — Stakeholders in the education sector have underscored the critical role of emerging technologies in driving scientific advancement, innovation and sustainable economic development, as the Academic Staff Union of Polytechnics (ASUP), Federal Polytechnic, Ukana Chapter, held...