News

Senate Confirms Umar as NMDPRA CEO, Pledges Operational Stability

May 07, (THEWILL) — The Senate has confirmed Rabiu Umar as Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority following his screening on Tuesday, May 5, 2026, during which lawmakers commended his professionalism, depth of industry...

Police Arrest Eight Suspected Kidnappers, Recover AK-47 Rifles In Nasarawa Crackdown

May 07, (THEWILL) — The Nigeria Police Force has recorded a significant breakthrough in its ongoing campaign against kidnapping and violent crimes with the arrest of eight suspected kidnappers during a coordinated security operation in Rukubi Community, Doma Local...

NGX Slumps as Sell Pressure Drags Market Capitalisation Down by ₦1.9trn

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May 07, (THEWILL) — The Nigerian equities market closed lower on Thursday as sustained sell pressure across key counters weighed on the benchmark indices despite a strong number of advancing stocks. Market capitalisation declined from ₦155.780 trillion to ₦153.858 trillion,...

Jonathan’s 2027 Prospects Face Court Test Amid Renewed Political Pressure

May 07, (THEWILL) — Former President Goodluck Jonathan may face a major constitutional hurdle over any potential return to active presidential politics as a Federal High Court in Abuja prepares to hear a suit seeking his disqualification from the...

El-Rufai’s Son, Two Other Reps Defect to ADC

May 07, (THEWILL) — Three members of the House of Representatives, including Mohammed Bello El-Rufai, representing Kaduna North Federal Constituency and son of former Kaduna State Governor, Nasir el-Rufai, have announced their exit from their respective political parties to...

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

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...