News

Supreme Court Clears Path For Landmark Unity–Providus Bank Merger

June 02, (THEWILL) — The Supreme Court has cleared the final legal hurdle to the merger between Unity Bank Plc and Providus Bank Limited, paving the way for the creation of a new banking institution with a nationwide footprint...

Dangote Extends Dominance, Retains Africa’s Most Admired Brand Title For Eighth Straight Year

June 02, (THEWILL) — Dangote Industries Limited (DIL) has reinforced its position as one of Africa’s most influential corporate brands after emerging as Africa’s Most Admired Brand for the eighth consecutive year in the latest Brand Africa 100 rankings. The...

Nigerian Navy @ 70: Tinubu Commissions Three Warships, Vows Sustained Maritime Security Investments

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June 1 (THEWILL) — President Bola Tinubu on Monday lauded the Nigerian Navy for seven decades of safeguarding the nation’s maritime domain, describing the Service as a critical pillar of national and regional security, as he commissioned three new...

RULAAC Slams DSS Over Detention of Prof. Ndibe at Lagos Airport, Demands Immediate Release

June 1 (THEWILL) — The Rule of Law and Accountability Advocacy Centre (RULAAC) has condemned what it described as the “arbitrary and repeated detention” of renowned Nigerian writer and academic, Okey Ndibe, by operatives of the Department of State...

Nigeria Makes History as First African Market to Adopt T+1 Settlement, Boosting Investor Confidence

June 1 (THEWILL) — Nigeria’s capital market has recorded a major milestone in its drive for greater efficiency and global competitiveness, becoming the first market in Africa to transition to a T+1 settlement cycle, a move expected to improve...

Supreme Court Nullifies Asset Freeze on Nestoil, Neconde in Major Legal Victory

June 1 (THEWILL) — The Supreme Court on Monday overturned a Court of Appeal order that froze the assets of Neconde Energy Limited, Nestoil Limited and two other entities over an alleged $1.1 billion debt dispute involving FBNQuest Merchant...

Market Loses ₦1.81tn as BUA Cement Leads Broad-Based Selloff

June 1 (THEWILL) — The Nigerian equities market reversed previous gains on Monday as renewed profit-taking in large-cap stocks, particularly BUA Cement, dragged key performance indicators lower. Market capitalisation declined by ₦1.811 trillion to close at ₦158.697 trillion from ₦160.508...

Israel vs Hezbollah War: Trump Announces Cease Fire Deal After Netanyahu Call

June 1 (THEWILL) — U.S President, Donald J. Trump, has disclosed a “very productive call” with Israeli Prime Minister Benjamin Netanyahu, after which he announced what he described as a breakthrough involving a cessation of hostilities in the Middle...

Military Offensive Shatters Kidnappers’ Operation in Kogi, 23 Captives Regain Freedom

June 1 (THEWILL) — Troops of the 12 Brigade, Nigerian Army, have shattered a kidnapping operation along the Ayegunle–Bunu Road in Kabba-Bunu Local Government Area of Kogi State, rescuing 23 abducted passengers in a swift counter-offensive that disrupted the...

CBN Unveils Payment Vision 2028, Targets 95% Financial Inclusion, Digital Payments Growth

June 1 (THEWILL) — The Central Bank of Nigeria (CBN) has launched the Nigeria Payment System Vision (PSV) 2028, an ambitious roadmap aimed at raising financial inclusion to 95 percent of the adult population and strengthening the country’s position...