News

Industry Captains Harp On Gains In Generosity

May 05, (THEWILL) — Industry leaders have re-echoed the essence and need for giving, calling on both rich and poor to imbibe the culture of Generosity across board. It was against this background that on Wednesday, April 29, 2026, a...

Defamation Suit: Court Orders SERAP To Pay ₦100m Damages, Apologise To DSS Over ‘Office Invasion’ Claim

May 05, (THEWILL) — A Federal Capital Territory High Court sitting in Abuja has awarded ₦100 million in damages against the Incorporated Trustees of the Socio-Economic Rights and Accountability Project, following a defamation suit filed by two operatives of...

Nigeria, Ghana Forge Joint Front Against Drug Cartels In West Africa

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May 05, (THEWILL) — Nigeria and Ghana have strengthened their security cooperation with a renewed commitment to confront drug trafficking networks operating across the West African sub-region, in what officials describe as a decisive step toward dismantling increasingly sophisticated...

Political Shake-Up In House As 17 Reps Dump ADC For NDC, Boost Opposition Strength

May 05, (THEWILL) — A major political realignment unfolded on Tuesday in the House of Representatives as no fewer than 17 lawmakers formally dumped the African Democratic Congress (ADC) for the Nigerian Democratic Congress (NDC), significantly boosting the opposition...

Zenith Bank Appoints Mustafa Bello Chairman As Founder Jim Ovia Retires After 12-Year Tenure

May 05, (THEWILL) — Zenith Bank Plc has appointed Engr. Mustafa Bello as its new Chairman following the retirement of its founder, Jim Ovia, whose 12-year tenure on the board expired on May 5, 2026, in line with regulatory...

Court Set To Deliver Judgement In DSS–SERAP Defamation Suit

May 05, (THEWILL) — The Federal Capital Territory High Court in Abuja is set to deliver judgement in a ₦5.5 billion defamation suit filed by two operatives of the Department of State Services (DSS) against the Incorporated Trustees of...

FG Presents Video Recordings Linking Defendants To Alleged Coup Plot Against President Tinubu

May 05, (THEWILL) — The Federal Government, on Monday, tendered video evidence before the Federal High Court in Abuja in a significant development in the ongoing trial of six defendants accused of plotting to overthrow the administration of President...

DMO Launches May 2026 FGN Savings Bond With Rates Up To 14.525 Percent

May 05, (THEWILL) — The Debt Management Office (DMO) has opened subscriptions for the May 2026 Federal Government of Nigeria (FGN) Savings Bond, offering investors annual returns of up to 14.525 percent. Announced on Monday on behalf of the Federal...

16 Years After, Yar’Adua’s Legacy Of Integrity Still Inspires Nigeria – Goodluck Jonathan

May 05, (THEWILL) — Sixteen years after the death of former President, Umaru Musa Yar'Adua, former President Goodluck Jonathan has said that the late leader’s enduring legacy of integrity, humility, and commitment to the rule of law continues to...

FX Reversal, Rising Impairments Drag Tier-1 Banks’ Profit By 18 Percent

May 05, (THEWILL) — Nigeria’s five largest lenders recorded strong operating growth in 2025, but a sharp reversal in foreign-exchange windfalls, rising credit impairments and higher operating costs dragged overall profitability lower. A review of the 2025 financial statements of...