News

Investors Lose ₦2.28tn as Market Selloff Deepens

June 03, (THEWILL) — The Nigerian equities market extended its bearish streak on Wednesday as widespread selloffs across major stocks dragged key market indicators lower, wiping ₦2.28 trillion off investors’ wealth. Market capitalisation declined from ₦158.219 trillion at the opening...

NLC Threatens Protest Over Escalating Insecurity, Abduction of School Teachers, Pupils

June 03, (THEWILL) — The Nigeria Labour Congress (NLC) has threatened to embark on a nationwide solidarity protest with teachers and other categories of workers if governments at all levels fail to urgently tackle worsening insecurity and the increasing...

EFCC Arraigns Oil Magnate Over Alleged N691m Fraud as Court Jails Man for N2.9m Crypto Scam

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June 03, (THEWILL) — The Economic and Financial Crimes Commission (EFCC) on Wednesday intensified its anti-corruption and financial crimes drive with the arraignment of an oil and gas executive over an alleged N691.6 million fraud case in Abuja, while...

Police Recover Decomposed Body of Abducted Woman, Arrest Suspect in Edo

June 03, (THEWILL) — The Edo State Police Command has arrested a suspected kidnapper and recovered a decomposed body of one of three women abducted during a violent attack on a residence in Iyowa Community, Ovia North-East Local...

Foreign Capital Inflows Surge 84 percent to $10.37bn as Investors Flock to Nigerian Assets

June 03, (THEWILL) — Nigeria recorded a sharp rise in foreign capital inflows in the first quarter of 2026, attracting $10.37 billion, an 83.8 percent increase from the $5.64 billion recorded in the same period of 2025, according to...

Oyo School Abduction: Senate Demands Urgent Rescue of Abducted Pupils, Teachers

June 03, (THEWILL) — The Senate on Wednesday urged the Federal Government to intensify efforts and deploy all necessary resources towards the immediate rescue of schoolchildren and teachers abducted in Oriire Local Government Area of Oyo State. The upper chamber...

Public Sector Pension Contribution Jumps 235% as Compliance, Arrears Payments Drive Growth

June 3 (THEWILL) — Public sector pension contributions surged by 234.85 per cent to ₦550.96 billion in the fourth quarter of 2025, highlighting stronger compliance with Nigeria’s Contributory Pension Scheme (CPS) and the settlement of outstanding pension arrears. This was...

Security Surveillance: Governor Adeleke Mulls Acquisition Of New Drones

June 03, (THEWILL) — Following the disappearance of five security drones fully paid for under the Oyetola administration, Governor Ademola Adeleke has directed his security team to consider the acquisition of new drones for security surveillance in the state. This...

Justice For Owo: Court Sentences Four To Death Over 2022 St Francis Church Massacre

June 3 (THEWILL) — Four years after one of Nigeria’s deadliest attacks on a place of worship, the Federal High Court sitting in Abuja, on Wednesday, sentenced four persons to death by hanging for their involvement in the terrorist...

Kogi Police Arrest Key Suspect In Ayegunle Attack, Confirm Abduction Of 30 Persons

June 3 (THEWILL) — The Kogi Police Command has announced the arrest of a key suspect linked to the recent coordinated bandit attack on Ayegunle Community along the Obajana–Kabba Road in Kabba/Bunu Local Government Area of the state, while...