News

Court Slams FHT Mega Express For Abuse Of Process, Dismisses ₦7.1bn Suit Against Parallex Bank, Awards ₦500,000 Costs

April 24, (THEWILL) — The Federal Capital Territory (FCT) High Court has slammed FHT Mega Express Limited for abuse of court process, dismissing its ₦7.1 billion suit against Parallex Bank Limited in its entirety and awarding ₦500,000 in...

World Malaria Day: Ibom Air Steps Up Malaria Fight With 50,000 Drug Donations

April 24, (THEWILL) — Nigeria’s battle against malaria received a boost on Friday, as Ibom Air donated thousands of life-saving medications to support prevention and treatment efforts in Akwa Ibom State, just ahead of World Malaria Day. Through its...

UBA Total Assets Grow By 9.4%, Repositions Balance Sheet For Sustainable Growth

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April 24, (THEWILL) — Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the year ended December 31, 2025, recording total assets growth of 9.4 percent to ₦33.2 trillion, up from...

NGX Group Schedules 65th AGM, Proposes Bonus Share Issue

April 24, (THEWILL) — Nigerian Exchange Group Plc has announced plans to hold its 65th Annual General Meeting (AGM) on April 29, 2026, at 11:00 a.m. at the company’s corporate head office located at 2–4 Customs Street, Lagos. According...

EFCC Detains Ex-Skye Bank Chairman Ayeni Over Alleged N36.5bn, $30m Loan Diversion

April 24, (THEWILL) — The Economic and Financial Crimes Commission (EFCC) has detained former Chairman of Skye Bank Plc, Tunde Ayeni, over alleged financial improprieties involving N36.5 billion and $30 million, in what officials describe as a major...

Fix Nigeria’s Housing Gap, Deliver Affordable Homes – Tinubu Charges New Housing Minister

April 24, (THEWILL) — President Bola Tinubu on Friday swore in Dr Muttaqha Darma as Minister of Housing and Urban Development, charging him to confront Nigeria’s massive housing deficit and accelerate reforms aimed at expanding access to affordable...

NDC Asks Court to Void Key Provisions in Electoral Act

April 24, (THEWILL) — The Nigeria Democratic Congress (NDC) has asked the Federal High Court in Abuja to void key provisions of the Electoral Act, 2026, placing the legislation on trial over alleged inconsistencies with the 1999 Constitution...

Equities Extend Rally as Market Capitalisation Climbs to ₦145.33tn

April 24, (THEWILL) — Trading on the Nigerian equities market closed on a positive note on Friday, with key performance indicators recording strong gains amid renewed buying interest across several mid-cap counters. The market capitalisation of the Nigerian Exchange...

Sanusi Questions Tinubu’s Borrowing Drive Despite Subsidy Gains

April 24, (THEWILL) — The Emir of Kano, Muhammadu Sanusi II, has raised fresh concerns over the Federal Government’s sustained appetite for borrowing, warning that Nigeria risks undermining the gains of recent economic reforms if fiscal discipline is...

Police Nab Terror Financier, Intercept Stolen Livestock In Sokoto

April 24, (THEWILL) — The Sokoto State Police Command has recorded a major breakthrough in its sustained offensive against banditry and organised crime, arresting a suspected terror financier and intercepting stolen livestock linked to a notorious criminal network...