News

2027: Presidential Race Not Computer Game, Let Me Consult Widely – Jonathan Tells Supporters

May 07, (THEWILL) — Former President, Goodluck Jonathan, on Thursday, told supporters urging him to contest the 2027 presidential election that the race for Nigeria’s highest office was “not a computer game”, adding that he would undertake wide consultations...

Veritas Kapital Posts ₦1.8bn Q1 Profit As Aviation Insurance Drives Revenue Growth

May 07, (THEWILL) — Veritas Kapital Assurance Plc recorded a pretax profit of ₦1.8 billion in the first quarter of 2026, buoyed by strong growth in aviation insurance and improved earnings from core underwriting operations. According to the company’s unaudited...

CBN Raises T-Bills Allotment To ₦731.8bn As Investors Rush One-Year Securities

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May 07, (THEWILL) — The Central Bank of Nigeria (CBN) allotted ₦731.75 billion at its Treasury Bills Primary Market Auction conducted on May 6, 2026, amid overwhelming investor demand for long-dated government securities. Auction results obtained by Nairametrics showed that...

Femi Fani-Kayode Replaced By Senator Ita Enang As Nigeria’s Ambassador To Germany

May 07, (THEWILL) — In a significant adjustment to Nigeria’s diplomatic appointments, former Senator representing Akwa Ibom North-East, Ita Solomon Enang, has been moved to replace former Minister of Aviation, Femi Fani-Kayode, as Nigeria’s Ambassador-Designate to Germany, in what...

Court Finds Ex-Minister Mamman Saleh Guilty In ₦33.7bn Power Projects Fraud, Orders Arrest For Sentencing

May 07, (THEWILL) — The Federal High Court in Abuja has convicted former Minister of Power, Mamman Saleh, on 12 counts of fraud and money laundering brought against him by the Economic and Financial Crimes Commission (EFCC), in a...

Police Expand Complaints Response Unit, Ask Nigerians To Report Misconduct Through 24/7 Channels

May 07, (THEWILL) — The Nigeria Police Force (NPF) has expanded the capacity of its Police Complaints Response Unit (CRU) and urged members of the public to take full advantage of its 24/7 reporting channels to report cases of...

Channels TV Counters Wike’s Allegation On Abuja Land Allocation, Asserts Lawful Approval, Full Statutory Payments

May 07, (THEWILL) — Channels Television has countered allegations made by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, over the land housing its headquarters in Abuja, insisting that the allocation was lawfully approved in 2007...

Billionaire Drug Baron, Two Female Kingpins Arrested As NDLEA, US-DEA, European Partners Dismantle Transnational Drug Cartel

May 07, (THEWILL) — In one of the most extensive coordinated anti-narcotics operations in recent years, operatives of the Special Operations Unit of the National Drug Law Enforcement Agency (NDLEA), working in close collaboration with the United States Drug...

Presco Posts ₦69.24bn Q1 Pre-Tax Profit As Lower Borrowing Costs Boost Earnings

May 07, (THEWILL) — Presco Plc has reported a pre-tax profit of ₦69.24 billion for the first quarter ended March 31, 2026, representing an 18.2 percent increase from ₦58.61 billion recorded in the corresponding period of 2025. The agro-allied company’s...

Troops Strike Terror Network In Kogi, Rescue Kidnap Victims

May 07, (THEWILL) — Troops of the 12 Brigade, Nigerian Army, have struck a suspected terror logistics network in Kogi State, rescuing kidnapped victims and intercepting a major ammunition courier in coordinated operations conducted on May 6, 2026, under...