News

Pressure Mounts On Starmer As Second British Minister Resigns

May 12, (THEWILL) — The political pressure on British Prime Minister, Keir Starmer, deepened on Tuesday, after a second minister resigned from government amid growing discontent within the ruling Labour Party following its poor performance in last week’s local...

Wike’s Meeting With APC Chairman Deepens Plot Against Fubara’s 2027 Ambition

May 12, (THEWILL) — The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Tuesday, visited the National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, at his residence in Abuja, in a move that has...

Fidelity Bank Reports ₦242.4bn Profit As Gross Earnings Hit ₦1.52tn In FY 2025

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May 12, (THEWILL) — Fidelity Bank Plc has posted a strong financial performance for the 2025 financial year, with gross earnings rising by 45.6 percent to ₦1.52 trillion, driven by growth in interest income, fees and commissions, and stronger...

Kano Central APC Stakeholders Reject Shekarau’s Candidature, Demand Direct Primary

May 12, (THEWILL) — The Kano Senatorial District APC Stakeholders have rejected the emergence of former Governor, Ibrahim Shekarau, as the consensus candidate for the Kano Central seat. The rejection is contained in a petition addressed to the APC national...

Nairobi Summit: African Leaders Demand End to Unfair Credit System, Seek Global Financial Reset

May 12, (THEWILL) — African leaders on Tuesday intensified calls for sweeping reforms to the global financial system, demanding fairer access to credit and lower borrowing costs during the second day of the Africa Forward Summit in Nairobi, Kenya. The...

Police Uncover N8.58bn Investment Fraud, Secure Asset Forfeiture Order

May 12, (THEWILL) - The Nigeria Police Force Special Fraud Unit (PSFU), Ikoyi-Lagos, has uncovered an alleged N8.58 billion investment fraud and secured a Federal High Court forfeiture order against companies, individuals, and bank accounts linked to the suspected...

First Bank Director Buys N177.9m First HoldCo Shares Amid Strong Market Rally

May 12, (THEWILL) — First HoldCo Plc has disclosed that Anil Dua, a non-executive director on the board of First Bank of Nigeria, acquired shares in the financial services group valued at N177.9 million, amid renewed investor interest in...

Senate Tightens Swearing-In Rules, Introduces 14-Day Deadline For Senators-Elect To Take Oath

May 12, (THEWILL) — The Senate has amended its Standing Orders to impose a strict 14-legislative-day deadline for senators-elect to take their oath of office after inauguration, warning that failure to comply could lead to the declaration of their...

Boko Haram, ISWAP Driving ISIS Expansion Across Africa – U.S

May 12, (THEWILL) —The United States has raised fresh concerns over the growing activities of extremist groups across Africa, warning that Boko Haram and the Islamic State West Africa Province (ISWAP) remain major drivers of the expansion of the...

First HoldCo Seeks Shareholders’ Approval for N253bn Capital Raise at 14th AGM

May 12, (THEWILL) — First HoldCo Plc, the parent company of First Bank of Nigeria, will seek shareholders’ approval to raise N253.1 billion in fresh capital at its 14th Annual General Meeting scheduled for May 29, 2026, as the...