News

Nigeria No Longer Permissive Ground For Drug Cartels – UNODC

April 27, (THEWILL) — Nigeria is no longer a safe haven or permissive ground for international drug cartels, the United Nations Office on Drugs and Crime (UNODC) has declared, citing a surge in arrests, seizures, and convictions recorded by...

Banking Losses Weigh On NGX As Market Capitalisation Drops By ₦1.37trn

April 27, (THEWILL) — The Nigerian equities market began the week on a negative note as sustained sell pressure, particularly in banking stocks, dragged key market indicators lower. Data from the Nigerian Exchange (NGX) showed that market capitalisation declined by...

2027: Hamzat Gains Edge As Sanwo-Olu, APC Stakeholders Rally Support

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April 27, (THEWILL) — Governor Babajide Sanwo-Olu, on Monday, endorsed his deputy, Obafemi Hamzat, for the 2027 governorship election, as key stakeholders of the All Progressives Congress (APC) in Lagos continue to rally support around his candidacy. THEWILL reports that...

UBA Targets Debt Recovery, Signals Dividend Comeback As Earnings Absorb One-Off Loan Provision

April 27, (THEWILL) — United Bank for Africa (UBA) Plc says it is intensifying efforts to recover outstanding loans and expects to resume dividend payments to shareholders in 2026, despite a sharp decline in profit triggered by a major...

Nigeria’s External Reserves Drop $731m In April Amid FX Pressures

April 27, (THEWILL) — Nigeria’s external reserves fell by approximately $731 million in the first three weeks of April 2026, underscoring persistent pressure on the country’s foreign exchange buffers. Figures from the Central Bank of Nigeria (CBN) show reserves declined...

U.S. Expands Credit Guarantee Scheme to Deepen Agricultural Trade with Nigeria

April 27, (THEWILL) — The United States has stepped up efforts to strengthen agricultural trade with Nigeria by expanding support under the Export Credit Guarantee Program (GSM-102), managed by the U.S. Department of Agriculture. The GSM-102 program offers U.S. government-backed...

Police Bust Railway Vandalism Ring, Recover ₦400m Assets, Reject ₦100m Bribe

April 27, (THEWILL) — Operatives of the Nigeria Police Force (NPF) have busted a major railway vandalism syndicate, recovered critical infrastructure valued at over ₦400 million, and rejected a ₦100 million bribe offered to compromise the operation, reinforcing growing...

Alleged Coup Plot: Trial To Start Before Bail As Court Fixes Accelerated Hearing Dates

April 27, (THEWILL) — Trial will commence before the hearing of bail applications in the case of six suspects accused of plotting to overthrow the administration of President Bola Tinubu, following a ruling by Justice Joyce Abdulmalik of the...

Journalists Barred as Trial of Six Alleged Coup Plotters Begins in Abuja

April 27, (THEWILL) — Proceedings in the trial of six suspected coup plotters commenced on Monday at the Federal High Court (FHC) in Abuja amid heightened public interest, as the presiding judge, Justice Joyce Abdulmalik, ordered the exclusion...

2027: Court Fixes May 5 to Hear Suit Seeking Deregistration Of ADC, Accord, ZLP, AA

April 27, (THEWILL) — A Federal High Court in Abuja has fixed May 5, 2026, for hearing in a suit seeking the deregistration of four political parties over alleged violations of constitutional provisions governing their operations and finances. Justice Peter...