News

NGX RegCo Tightens Digital Trading Rules, Warns Brokers Over Compliance Breaches

May 08, (THEWILL) — NGX Regulation Limited has issued stricter compliance directives for online trading platforms, warning that brokers who deploy digital systems without prior approval risk sanctions as part of efforts to strengthen investor protection and market integrity. In...

FirstHoldCo Rebounds Strongly As Q1 Profit Surges 72 Percent, Signals Post-Reset Comeback

May 08, (THEWILL) — FirstHoldCo Plc delivered a standout first-quarter 2026 performance, with profit before tax rising sharply to ₦321.12 billion from ₦186.48 billion in the same period last year, underscoring a strong recovery following its 2025 balance sheet...

NRS Opens Saturday Tax Services To Support Rev360 Rollout Ahead Of Filing Peak

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May 08, (THEWILL) — The Nigeria Revenue Service (NRS) has announced that its tax offices nationwide will begin operating on Saturdays to assist taxpayers using its newly introduced digital tax platform, Rev360, ahead of the June peak filing season. The...

West, Central African Maritime Schools Move To Harmonise Curricula, Certificates

May 08, (THEWILL) — Maritime education institutions from West and Central Africa have resolved to harmonise training curricula and pursue mutual recognition of seafarers’ certificates in a major regional move to improve global competitiveness and employment opportunities for cadets...

Intelligence-Led Operation Strikes Criminal Hideout As Suspects Flee In Akwa Ibom

May 08, (THEWILL) — The newly established Violent Crime Response Unit (VCRU) of the Akwa Ibom State Police Command says it has recorded a major operational breakthrough following an intelligence-led raid on a suspected criminal hideout in Abak Local...

Leadership Dispute: Judiciary Must Remain Independent, ADC Insists, Alleges Plot To Influence Court Proceedings

May 08, (THEWILL) — The African Democratic Congress (ADC) has reiterated its call for strict adherence to judicial independence in the ongoing leadership-related legal dispute before the Federal High Court, alleging that there are covert attempts to influence court...

Tinubu Appoints Ogbara-Banjoko To Nigeria Commodity Exchange Board

May 08, (THEWILL) — President Bola Tinubu has approved the appointment of Mrs Arinola Ogbara-Banjoko as a Non-Executive Director representing Lagos State on the Board of the Nigeria Commodity Exchange under the Federal Ministry of Industry, Trade and Investment. The...

Shettima Leads APC Leadership As Tinubu Submits 2027 Election Forms

May 08, (THEWILL) — Vice President Kashim Shettima, on behalf of the All Progressives Congress (APC) National Working Committee, on Friday, received the Nomination and Expression of Interest forms of President Bola Tinubu, formally marking the commencement of his...

Renaissance Unveils Plan To Hit 500,000bpd Production, Expands Healthcare Support In Rivers

May 08, (THEWILL) — Renaissance Africa Energy Company⁠, operator of the NNPC/Renaissance/TotalEnergies/AENR Joint Venture, has unveiled an ambitious plan to increase crude oil production to 500,000 barrels per day (bpd) by 2030, while also intensifying healthcare support for host...

Court Fixes May 25 For Hearing In NDC Suit Challenging Electoral Act Provisions

May 08, (THEWILL) — The Federal High Court in Abuja has fixed May 25 for hearing in a suit instituted by the Nigeria Democratic Congress (NDC), challenging provisions of the newly enacted Electoral Act, 2026, which the party says...