News

Senate Ends Jurisdictional Confusion in Pre-Election Disputes, Passes 2026 Electoral Act Amendment Bill

May 07, (THEWILL) — The Senate on Thursday passed the 2026 Electoral Act Amendment Bill, marking a major legislative intervention aimed at resolving long-standing jurisdictional conflicts in the adjudication of pre-election disputes and strengthening legal certainty in Nigeria’s electoral...

Zero-interest Loans: SheVentures Opens Applications for Women Entrepreneurs

May 07, (THEWILL) — First City Monument Bank (FCMB), the flagship banking arm of FCMB Group, has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to N10K million to women entrepreneurs to...

Senate Revises New Legislative Standing Orders, Retains Eligibility Rule for Principal Offices

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May 07, (THEWILL) — The Senate of the Federal Republic of Nigeria has reversed portions of its recently amended Senate Standing Orders 2026, rescinding key provisions relating to oath-taking procedures and the participation of senators-elect in the election of...

ADC Leadership Dispute Returns To Court As Judge Fixes May 8 For Hearing

May 07, (THEWILL) — The Federal High Court in Abuja has fixed Friday, May 8, 2026, for the hearing of a suit filed by former Deputy National Chairman of the African Democratic Congress (ADC), Nafiu Bala Gombe, challenging the...

After Germany Row, Tinubu Redeploys Fani-Kayode As Envoy To South Africa

May 07, (THEWILL) — President Bola Tinubu has approved the redeployment of former Minister of Aviation, Femi Fani-Kayode, as Nigeria’s Ambassador-Designate to South Africa, following diplomatic adjustments arising from Nigeria’s ongoing ambassadorial postings. The development follows earlier reports that the...

2027: Presidential Race Not Computer Game, Let Me Consult Widely – Jonathan Tells Supporters

May 07, (THEWILL) — Former President, Goodluck Jonathan, on Thursday, told supporters urging him to contest the 2027 presidential election that the race for Nigeria’s highest office was “not a computer game”, adding that he would undertake wide consultations...

Veritas Kapital Posts ₦1.8bn Q1 Profit As Aviation Insurance Drives Revenue Growth

May 07, (THEWILL) — Veritas Kapital Assurance Plc recorded a pretax profit of ₦1.8 billion in the first quarter of 2026, buoyed by strong growth in aviation insurance and improved earnings from core underwriting operations. According to the company’s unaudited...

CBN Raises T-Bills Allotment To ₦731.8bn As Investors Rush One-Year Securities

May 07, (THEWILL) — The Central Bank of Nigeria (CBN) allotted ₦731.75 billion at its Treasury Bills Primary Market Auction conducted on May 6, 2026, amid overwhelming investor demand for long-dated government securities. Auction results obtained by Nairametrics showed that...

Femi Fani-Kayode Replaced By Senator Ita Enang As Nigeria’s Ambassador To Germany

May 07, (THEWILL) — In a significant adjustment to Nigeria’s diplomatic appointments, former Senator representing Akwa Ibom North-East, Ita Solomon Enang, has been moved to replace former Minister of Aviation, Femi Fani-Kayode, as Nigeria’s Ambassador-Designate to Germany, in what...

Court Finds Ex-Minister Mamman Saleh Guilty In ₦33.7bn Power Projects Fraud, Orders Arrest For Sentencing

May 07, (THEWILL) — The Federal High Court in Abuja has convicted former Minister of Power, Mamman Saleh, on 12 counts of fraud and money laundering brought against him by the Economic and Financial Crimes Commission (EFCC), in a...