News

FG Presents Video Recordings Linking Defendants To Alleged Coup Plot Against President Tinubu

May 05, (THEWILL) — The Federal Government, on Monday, tendered video evidence before the Federal High Court in Abuja in a significant development in the ongoing trial of six defendants accused of plotting to overthrow the administration of President...

DMO Launches May 2026 FGN Savings Bond With Rates Up To 14.525 Percent

May 05, (THEWILL) — The Debt Management Office (DMO) has opened subscriptions for the May 2026 Federal Government of Nigeria (FGN) Savings Bond, offering investors annual returns of up to 14.525 percent. Announced on Monday on behalf of the Federal...

16 Years After, Yar’Adua’s Legacy Of Integrity Still Inspires Nigeria – Goodluck Jonathan

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May 05, (THEWILL) — Sixteen years after the death of former President, Umaru Musa Yar'Adua, former President Goodluck Jonathan has said that the late leader’s enduring legacy of integrity, humility, and commitment to the rule of law continues to...

FX Reversal, Rising Impairments Drag Tier-1 Banks’ Profit By 18 Percent

May 05, (THEWILL) — Nigeria’s five largest lenders recorded strong operating growth in 2025, but a sharp reversal in foreign-exchange windfalls, rising credit impairments and higher operating costs dragged overall profitability lower. A review of the 2025 financial statements of...

Nigeria’s Telcos Shift From Subscriber Race To Data Supremacy As Market Nears Saturation

May 05, (THEWILL) — Nigeria’s telecommunications industry is entering a new phase of competition as the race for new subscribers gradually gives way to a deeper battle for data dominance, network capacity and service quality. With active subscriptions reaching 185.5...

Kano Central: Concerned Citizens’ Coalition Backs AA Zaura, Asks Shekarau To Drop Bid

May 05, (THEWILL) — In a strategic move ahead of the 2027 general elections, a broad coalition of Kano State stakeholders has officially endorsed the candidacy of Alhaji Abdussalam Abdulkarim (AA Zaura) for the Kano Central Senatorial District. The...

Again, NNPC Moves To Revive Warri, Port Harcourt Refineries, Seals Deal With Chinese Firms

May 05, (THEWILL) — Nigeria’s renewed push to restore its domestic refining capacity has once again, gained momentum, as NNPC Limited signed a fresh Memorandum of Understanding (MoU) with two Chinese firms to finally revive and expand the country’s...

NGX Begins Week on Positive Note as FTNCOCOA, CAP Drive Market Higher

May 04, (THEWILL) — Trading on the Nigerian Exchange (NGX) commenced the week on a modestly positive note as bargain hunting in select equities lifted the market benchmark. At the start of the trading session on Monday, the market capitalisation...

Iran Fires on Korean-Linked Vessel as U.S. Launches ‘Project Freedom’ to Safeguard Global Shipping

May 04, (THEWILL) — May 04, (THEWILL) — Rising tensions in the Strait of Hormuz escalated on Monday after Iran reportedly fired on multiple vessels, including a Korean-linked cargo ship, as the United States launched a major maritime security...

Turaki-Led PDP Unveils 2027 Election Timetable, Fixes ₦100m for Presidential Nomination Fee

May 04, (THEWILL) — The Peoples Democratic Party (PDP), under the leadership of its caretaker chairman, Kabiru Tanimu Turaki (SAN), has fixed ₦100 million as the total cost for presidential nomination forms while unveiling a comprehensive timetable for its...