News

SEC Grants Approval-in-Principle to Seven Crypto Firms Under Regulatory Sandbox

July 3 (THEWILL) — The Securities and Exchange Commission (SEC) has granted Approval-in-Principle (AIP) to seven digital asset companies under its Accelerated Regulatory Incubation Programme (ARIP), expanding the number of firms operating within its regulatory sandbox as Nigeria strengthens...

Police Arrest Murder Suspect After Six Months, Bust Robbery Gang in Akwa Ibom

July 3 (THEWILL) — The Akwa Ibom State Police Command said it has arrested a murder suspect who had been on the run for about six months. It also dismantled an armed robbery syndicate and led to the recovery of...

TCN Restores Benin–Omotosho 330kV Transmission Line After Week-Long Outage

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July 3 (THEWILL) — The Transmission Company of Nigeria (TCN) has restored the Benin–Omotosho 330kV transmission line to service, bringing to an end a week-long outage that constrained electricity supply to parts of Lagos, Edo, and neighbouring states served...

Enactus, NSE, NCDMB Partner to Drive Commercialisation of Nigerian Engineering Innovations

July 3 (THEWILL) — Enactus Nigeria has partnered with key public and private sector organisations to accelerate the commercialisation of locally developed engineering innovations aimed at addressing Nigeria's development challenges. The initiative, anchored on the Nigerian Engineering Olympiad (NEO), seeks...

No Ransom Paid For Kidnapped Schoolchildren, Teachers – Oyo Govt

July 3 (THEWILL) — The Oyo State Government has denied reports alleging that ransom was paid to bandits holding pupils and teachers abducted from schools in Oriire Local Government Area, insisting that the victims remain in captivity and that...

Air Peace Evacuates 268 More Nigerians From South Africa

July 3 (THEWILL) — Air Peace, on Friday, evacuated another 268 Nigerians from South Africa, as the Federal Government expanded its emergency repatriation programme following renewed anti-migrant violence. The latest evacuation flight departed O.R. Tambo International Airport in Johannesburg at...

FG Raises Q3 Domestic Borrowing Target By 241 Percent To ₦5.8trn

July 3 (THEWILL) — The Federal Government has increased its domestic borrowing target for the third quarter of 2026 by 241 percent year-on-year, with plans to raise ₦5.8 trillion through Treasury Bills (TBs) to support budget financing. The borrowing programme,...

ADC Verdict Confirms Tinubu’s Commitment To Judicial Independence – Bello

July 3 (THEWILL) — The Minister of State for Defence, Muhammed Bello, has stated that the recent judgement of the Federal High Court in Abuja affirming the leadership of the ADC under Senator David Mark demonstrates President Bola Ahmed...

Fire Guts Fuel Terminal In Lagos, Firefighters Battle Blaze

July 3 (THEWILL) — On Friday, fire engulfed the Bono Energy Terminal along the Apapa-Oworonshoki Expressway in the Olodi Apapa area of Lagos, with firefighters from the Lagos State Fire and Rescue Service (LSFRS) deployed to contain the blaze. The...

UNIOSUN Assault Probe: Army Says No Evidence Yet To Support Rape Allegations

July 3 (THEWILL) — The Nigerian Army has said it has yet to find any evidence to substantiate allegations of rape in the ongoing investigation into the alleged assault of students of Osun State University (UNIOSUN), Osogbo, by some...