News

Tax Reform Gains Momentum As Tinubu Commissions New NRS Headquarters In Abuja

April 14, (THEWILL) — President Bola Tinubu, on Tuesday, commissioned the new Corporate Headquarters of the Nigerian Revenue Service (NRS) in Abuja, describing the facility as a major step in the Federal Government’s drive to modernise tax administration and...

Nollywood Actor Lanko Omo Oba Dubai’s House Destroyed By Fire

April 14, (THEWILL) — The house of veteran Nollywood actor, Adeola Shoremi, popularly known as Lanko Omo Oba Dubai, was destroyed by fire on Tuesday afternoon, April 14, 2026. The incident was first reported by his ex-wife, actress Mama No...

Ecobank Posts ₦1.21trn Pretax Profit As Deposits Climb To ₦36.4trn

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April 14, (THEWILL) — Transnational Incorporated Plc has reported a pretax profit of ₦1.21 trillion for the year ended December 31, 2025, marking a 23.6 percent increase from ₦986.6 billion recorded in 2024. The audited results, released on the Nigerian...

Insurance Premiums Surge 47.3 Percent To ₦2.3trn As Claims Payout Dips

April 14, (THEWILL) — Nigeria’s insurance industry recorded a strong 47.3 percent year-on-year growth in Gross Premium Written (GPW), rising to ₦2.301 trillion in 2025 from ₦1.558 trillion in 2024, according to the National Insurance Commission (NAICOM). In its latest...

MMA2: Controversies Trail New Vehicles Parking Tariff As BASL Cites Illegitimate, Prolonged Parking Challenges

April 14, (THEWILL) — The Management of MMA2 has clarified the recent review of the parking tariff at the Multi-Storey Car Park (MSCP), which was implemented strictly as an operational measure to address severe congestion, discourage long-term vehicle abandonment,...

Lafarge Convicted Of Terror Financing Over $6.5m Payments To Extremist Groups

April 14, (THEWILL) — French cement giant, Lafarge, has been found guilty of financing terrorism after transferring $6.5 million to armed groups between 2013 and 2014 to sustain its operations in war-torn Syria. The landmark ruling, delivered on Monday by...

Ajimobi’s Wife Denies Link to Alleged Impeachment Plot Against Makinde

April 14, (THEWILL) — An impeachment storm is brewing in Oyo State following allegations of inducement and political pressure within the State House of Assembly, with former First Lady and ambassador-designate to Austria, Florence Ajimobi, firmly denying any link...

Supreme Court To Hear ADC, PDP Leadership Appeals On April 22, Orders Accelerated Hearing

April 14, (THEWILL) — The Supreme Court of Nigeria has fixed April 22, 2026, for the hearing of two high-stakes appeals arising from leadership disputes within the African Democratic Congress (ADC) and the Peoples Democratic Party (PDP), while also...

Africa Stuck at 4–6 Percent of Global Investment as Manufacturing Gaps Persist

April 14, (THEWILL) — The Pan-African Manufacturers Association has warned that Africa’s share of global Foreign Direct Investment (FDI) remains stalled between four and six per cent, underscoring the continent’s limited role in global manufacturing. In its March 2026 Manufacturing...

Nigeria, Morocco Move to Seal $25bn Transcontinental Gas Pipeline Deal

April 14, (THEWILL) — Nigeria and Morocco are set to advance their long-anticipated transcontinental gas pipeline project, with both countries preparing to sign an intergovernmental agreement later this year, according to a Reuters report on Monday. The agreement is expected...