News

Cardoso Reshuffles CBN Leadership, Appoints Ikeazor to Oversee Monetary Policy

June 02, (THEWILL) — Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reassigned the responsibilities of the institution’s four deputy governors in a strategic leadership reshuffle aimed at aligning the bank’s expertise with its evolving priorities. Under...

CAN Declares Three-Day National Mourning, Demands Emergency Rule on Insecurity

June 02, (THEWILL) — The Christian Association of Nigeria (CAN) has declared a three-day national mourning period from June 12 to June 14 in honour of victims of violent attacks, mass abductions, and banditry across the country, while urging...

Tinubu Returns to Abuja After Eid-El-Kabir Holiday, Resumes Official Duties

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June 02, (THEWILL) — President Bola Tinubu has returned to Abuja following the Eid-el-Kabir holiday spent in Lagos, where he participated in a series of political, governmental, and national engagements that underscored ongoing administrative activities and preparations within the...

Transport Costs Rise Across Nigeria as Intercity Bus Fare Hits N9,607 in April

June 02, (THEWILL) — Transportation costs remained elevated across Nigeria in April 2026, with the average fare paid by commuters for intercity bus travel rising to ₦9,607.41, reflecting the continued impact of inflationary pressures, high fuel costs, and rising...

Market Extends Decline as Investors Lose ₦478bn

June 02, (THEWILL) — The Nigerian equities market closed lower on Tuesday, extending its bearish run as sustained sell pressure across key counters dragged market performance indicators into negative territory. Market capitalisation declined by ₦478 billion to close at ₦158.219...

Oyo School Abduction: Reps Rage, Slam Brutal Execution of Teacher, Call for State Police

June 02, (THEWILL) — The House of Representatives on Tuesday erupted in outrage over the gruesome killing of Mr Michael Oyedokun, a mathematics teacher who was allegedly beheaded by kidnappers after being abducted alongside students and other teachers, as...

June 12: FG Plans Modest Celebration as Tinubu Leads Democracy Day Celebration With National Address, NASS Session

June 02, (THEWILL) — The Federal Government has announced plans for a modest commemoration of Nigeria’s 27th Democracy Day anniversary, with President Bola Tinubu expected to lead activities by addressing a joint session of the National Assembly and delivering...

DSS Joins Probe as INEC Rules Out External Breach in CVR Database

June 02, (THEWILL) — The Independent National Electoral Commission has ruled out any external cyber intrusion into its Continuous Voter Registration (CVR) database, insisting that preliminary forensic reviews show no hacking incident or breach of its ICT infrastructure. However, the...

CBN Braces for N10.9trn Liquidity Wave as N7.77 Trillion OMO Bills Mature in June

June 02, (THEWILL) — The Central Bank of Nigeria (CBN) is set to face renewed liquidity management challenges in June 2026 as an estimated N10.90 trillion is expected to flow into the financial system, driven largely by the maturity...

Political Earthquake In House As Minority Leader Chinda, Seven Others Dump PDP

June 02, (THEWILL) — The House of Representatives was thrown into political turbulence on Tuesday, following the formal announcement of the defection of the Minority Leader, Hon. Kingsley Chinda, from the Peoples Democratic Party (PDP) to the All Progressives...