News

2027: Power Minister Adelabu Resigns to Join Oyo Guber Race

April 22, (THEWILL) — Nigeria’s Minister of Power, Adebayo Adelabu, has formally tendered his resignation from the Federal Executive Council, with effect from April 30, 2026, to pursue his governorship ambition in Oyo State, marking a significant but orderly...

Edun, Dangiwa Resign Voluntarily, Not Sacked — Presidency

April 22, (THEWILL) — The Presidency on Wednesday clarified that former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and former Minister of Housing and Urban Development, Ahmed Musa Dangiwa, voluntarily resigned from their positions, dispelling...

NGX Market Capitalisation Rises to ₦141.38trn as CAP, UACN Lead Mid-Week Rally

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April 22, (THEWILL) — Trading on the Nigerian equities market closed on a positive note on Wednesday, with key performance indicators recording notable gains amid renewed buying interest in select consumer and industrial stocks. The market capitalisation of the Nigerian...

Alleged Coup: Suspects Arraigned, Plead Not Guilty as Court Orders Remand in DSS Custody

April 22, (THEWILL) — Six individuals accused of plotting a coup against President Bola Tinubu were on Wednesday arraigned before the Federal High Court in Abuja, where they pleaded not guilty to a 13-count charge, prompting the court...

FAAC Shares ₦2.036trn March 2026 Revenue to FG, States, LGs

April 22, (THEWILL) — The Federation Allocation Account Committee (FAAC), has shared a total sum of N2.036 trillion to the federal government, states, and local government councils as March 2026 Federation Account Revenue. A communique signed by the spokesperson of...

Wema Bank Announces N50.1bn Dividend for 2025, Sets May 20 Payment Date

April 22, (THEWILL) — Wema Bank has declared a final dividend of N1.25 per ordinary share for the 2025 financial year, amounting to a total payout of N50.14 billion, subject to withholding tax and shareholder approval at its forthcoming...

Veritasi Homes Redeems ₦6.1bn Commercial Paper, Reinforcing Market Strength

April 22, (THEWILL) — Veritasi Homes and Properties PLC has successfully redeemed ₦6.1 billion worth of commercial paper, reinforcing its reputation for financial discipline and reliability in Nigeria’s real estate sector. The 270-day instrument, redeemed on April 17, 2026, was...

Air Peace Chairman Onyema Bags Fourth Honorary Doctorate, Reaffirms Commitment to Education

April 22, (THEWILL) — The Chairman of West and Central Africa’s largest airline, Air Peace, Dr Allen Onyema, has been conferred with an Honorary Degree of Doctor of Public Administration (Honoris Causa) by Abia State University, in recognition of...

NNPP, PDP Lose Six Reps To ADC, APC

April 22, (THEWILL) — Six members of the House of Representatives have defected from their respective political parties, with the New Nigeria Peoples Party (NNPP) and the Peoples Democratic Party (PDP) losing lawmakers to the African Democratic Congress (ADC)...

Muslim Group Dismisses Alleged Religious Bias Under Tinubu’s Govt

April 22, (THEWILL) — A Muslim advocacy group, the Muslim League Unity Group, has raised concerns over an attempt by foreign elements to stir religious tensions in Nigeria through misinformation and politically-driven narratives. In a statement jointly signed by...