News

DisCos Remit ₦77.99bn In Q4 2025 As Performance Slips To 91.19 Percent — NERC

April 21, (THEWILL) — Nigeria’s electricity distribution companies (DisCos) remitted ₦77.99 billion in the fourth quarter of 2025, achieving 91.19 percent of their total market obligations, according to the latest report by the Nigerian Electricity Regulatory Commission (NERC). The figure...

APC’s ₦100m Presidential Form Signals Rising Cost, Shrinking Access To Power

April 21, (THEWILL) — The All Progressives Congress (APC) has ignited fresh concerns over the rising cost of political participation after pegging its presidential nomination form at ₦100 million, a move critics say could further narrow access to leadership...

Wema Bank Meets CBN Recapitalisation Requirements For National Licence

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April 21, (THEWILL) — Wema Bank Plc has met and surpassed the Central Bank of Nigeria (CBN) requirements for national licence operations. The financial services institution in a statement, said this reinforces its position as a national bank...

Stanbic IBTC Holdings’ Post-Tax Profit Jumps 69% To ₦380.8bn In 2025

April 21, (THEWILL) — Stanbic IBTC Holdings Plc has released its audited 2025 financial statements, reporting a post-tax profit of ₦380.8 billion, representing a 69% increase from ₦224.31 billion achieved in 2024. The company’s pretax profit hit ₦551.7...

NCC, CBN Sign MoU For Consumer Safety, Inaugurate Committees For Protection Against Fraud

April 21, (THEWILL) — The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) that both organisations said would safeguard consumers against fraud while opening opportunities for them to...

Nigeria’s Markets Gain Credibility As Exit Route For Investors – Popoola

April 21, (THEWILL) — Nigeria’s capital markets are beginning to establish credibility as a viable exit route for institutional investors, the Group Managing Director and Chief Executive Officer of Nigerian Exchange Group, Temi Popoola, said, citing recent transactions...

Troops Intercept Armed Terror Couriers, Recover Large Cache of Ammunition in Kogi

April 20, (THEWILL) — Troops of the 12 Brigade, Nigerian Army, have recorded a significant operational breakthrough with the interception of suspected terrorist logistics couriers and the recovery of a large cache of ammunition in Kogi State, in a...

CDS Oluyede Orders All-Out Assault on Bandits

April 20, (THEWILL) — The Chief of Defence Staff, Gen. Olufemi Oluyede, has ordered troops of Operation FANSAN YAMMA to launch an all-out offensive against bandits across the North West, declaring that the time has come to decisively...

Dash Microfinance Bank Unveils Mobile App to Deepen Digital Banking Access

April 20, (THEWILL) — Dash Microfinance Bank Limited has launched a new digital banking platform, the Dash App, as part of its strategy to broaden financial inclusion and simplify everyday transactions for Nigerians. The rollout underscores the bank’s push to...

Police, Navy Launch Manhunt After Pirate Abduction on Calabar-Oron Waterways

April 20, (THEWILL) — The Akwa Ibom State Police Command has intensified a coordinated security operation involving the Cross River State Police Command and the Nigerian Navy to rescue victims abducted during a recent pirate attack along the Calabar–Oron...