News

Fidson Applauds BoI, EIB Support as Pharmaceutical Manufacturing Capacity Expands

June 23, (THEWILL) — Fidson Healthcare Plc has praised the Bank of Industry (BoI) and the European Investment Bank (EIB) for their critical roles in strengthening pharmaceutical manufacturing in Nigeria through long-term concessionary financing and strategic partnerships. The commendation...

‘We Must Make Our Own Weapons’ — Netanyahu Unveils Self-Sufficiency Defence Agenda Amid Mounting Regional Threats

June 23, (THEWILL) — Israeli Prime Minister Benjamin Netanyahu has unveiled a new self-sufficiency defence agenda, declaring that Israel must manufacture its own weapons and reduce reliance on foreign military supplies as it confronts growing threats from Iran...

DSS Closes Case Against El-Rufai as Ex-Kaduna Governor Files No-Case Defence

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June 23, (THEWILL) — The Department of State Services (DSS) has closed its case against former Kaduna State Governor, Nasir El-Rufai, in the ongoing alleged wiretapping trial before the Federal High Court in Abuja, paving the way for...

Aradel Profit Jumps 252% as Group Expansion Drives Record Q1 Performance

June 23, (THEWILL) — Aradel Holdings Plc recorded a strong start to 2026, reporting a 252 percent increase in profit after tax to ₦120.3 billion and a 265 percent surge in revenue to ₦728.5 billion in the first...

One Injured as Suspected IED Explodes in Lagos Market, Police Assure Residents Of Safety

June 23, (THEWILL) — One person was injured on Monday after an explosion suspected to have been caused by an Improvised Explosive Device (IED) planted beneath a vehicle rocked the Shoe Materials Market in the Mushin area of...

Nigeria Imports More Cooking Gas as Government Moves to Tackle Rising Prices

June 23 (THEWILL) — Nigeria imported 16,642.66 metric tonnes of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, within the first 19 days of June 2026 as the Federal Government moved to address supply shortages and curb rising...

Petrol Imports Fall by Over 96% as Domestic Production Hits 48m Litres Per Day

June 23, (THEWILL) — Nigeria's petrol import bill has plunged by more than 96 per cent, falling from about N2.3 trillion in the first quarter of 2025 to less than N90 billion a year later, as domestic petrol...

Nigeria’s Money Supply Rises to N129.2 Trillion in May Despite Tight Monetary Policy

June 23, (THEWILL) — Nigeria’s broad money supply (M3) increased to N129.21 trillion in May 2026, reflecting continued growth in liquidity across the economy despite the Central Bank of Nigeria’s tight monetary policy stance. Latest data released by the...

FAAN Moves To Enforce New Airport Taxi Standards, Defends Tariff Hike

June 22 (THEWILL) — The Federal Airports Authority of Nigeria (FAAN) has defended its ongoing reforms of airport taxi operations across the country, insisting that the review of operational charges and the enforcement of newer vehicle standards are necessary...

Air Peace Boosts Regional Connectivity, Launches Lagos–Douala, Bamako, Conakry, Libreville Flights

June 22 (THEWILL) — Air Peace, West Africa’s leading airline and Nigeria’s foremost carrier, has announced the launch of new scheduled international flight services connecting Lagos with Douala in Cameroon, Libreville in Gabon, Bamako in Mali, and Conakry in...