News

Dangote Refinery Ramps Up to 700,000 Barrels Per Day, Strengthening Africa’s Energy Landscape

June 04, (THEWILL) — Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a performance test conducted by the Process Licensors, marking a significant milestone in the facility's operational...

Bears Extend Grip as NGX Sheds ₦580 Billion Amid Mixed Trading

June 04, (THEWILL) — The Nigerian equities market closed lower on Thursday as persistent selling pressure outweighed bargain hunting in selected stocks, dragging key performance indicators further into negative territory. Market capitalisation declined by ₦580 billion, falling from ₦155.939 trillion...

Forgery Claims, Shouting Match Rock House of Reps as Minority Leader Battle Deepens

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June 04, (THEWILL) — Allegations of forgery and a heated shouting match disrupted proceedings in the House of Representatives on Thursday as the battle for the position of Minority Leader took a dramatic turn, exposing deepening divisions within the...

Security Reinforced Around Aso Villa Ahead of Protest Demanding Rescue of Kidnapped Pupils

June 04, (THEWILL) — Security agencies on Thursday strengthened measures around the Presidential Villa in Abuja following threats of a mass protest demanding the rescue of schoolchildren and teachers abducted in Oyo State. A combined team of police officers, Department...

Troops Arrest Key Boko Haram/ISWAP Collaborators in North East

June 04, (THEWILL) — The Joint Task Force (North East) of Operation HADIN KAI (OPHK), in partnership with Operation DESERT SANITY V, has intensified its counter-terrorism campaign across the North East, achieving major successes that have significantly disrupted the...

CBN Raises Overseas Tuition Fee Remittance Limit to $25,000 Per Semester

June 04, (THEWILL) — The Central Bank of Nigeria (CBN) has increased the maximum foreign exchange remittance for tuition payments by Nigerian students studying abroad to $25,000 per semester, up from the previous cap of $15,000. The adjustment is contained...

Tinubu Seeks Senate Approval for Marwa’s Appointment to NDDC Board

June 04, (THEWILL) — President Bola Tinubu has requested the Senate to confirm the nomination of Dr Zainab Marwa as a member of the Governing Board of the Niger Delta Development Commission (NDDC), representing the North-East geopolitical zone. The request...

If He Knows, Invite Him – Atiku’s Spokesman Urges Security Agencies To Question Igboho Over Oyo School Abduction

June 4 (THEWILL) — Paul Ibe, the media aide to former Vice President Atiku Abubakar, has called on the Department of State Services (DSS) and other security agencies to summon Yoruba Nation agitator, Sunday Adeyemo, popularly known as Sunday...

Financial Fraudsters’ Empire Collapses As Court Okays Police Request For Permanent Forfeiture Of ₦2bn Assets

June 04, (THEWILL) — In a decisive legal win against financial crime, the Nigeria Police Force, through the INTERPOL National Central Bureau (NCB), Abuja, has secured a permanent forfeiture order on assets worth over ₦2 billion, effectively dismantling the...

I Was Blocked From Rescuing Abducted Pupils — Igboho Threatens To Expose Politicians Behind Oyo Kidnappings

June 4 (THEWILL) — Yoruba Nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho, has alleged that he was prevented from participating in efforts to rescue abducted schoolchildren in Oriire Local Government Area of Oyo State, while also threatening...