News

PenCom Launches New Digital Portal For Federal Retirees COBRA

March 02, (THEWILL) — In a major move to modernise Nigeria’s pension landscape, the National Pension Commission has officially launched a comprehensive digital overhaul of the retirement process for federal employees. This was disclosed in the Guidelines for Verification and...

Dangote Refinery Raises Petrol Ex-Depot Price To ₦875/Litre Amid Crude Oil Surge

March 02, (THEWILL) — The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) gantry price by ₦101, raising the ex-depot rate from ₦774 to ₦875 per litre, a development that has heightened concerns over fresh fuel price...

Stormy Waters Claim One, 12 Rescued As Nigerian Vessel Goes Down Near South Africa

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March 02, (THEWILL) — At least 12 persons have been rescued after a Nigerian tugboat, LEO, sank in stormy waters off the coast of South Africa late Saturday night. The vessel, which had 18 persons on board, was said to...

DSS Arrests Suspect Over Attack On Peter Obi, ADC Leaders In Benin

March 02, (THEWILL) — The Department of State Services (DSS) has arrested a suspect, Udeme Sunday Stephen, over his alleged involvement in the attack on the 2023 Labour Party presidential candidate, Peter Obi, and some chieftains of the African...

Adeleke Gains Momentum As Six PDP Federal Lawmakers Join Accord

March 02, (THEWILL) — Six members of the House of Representatives elected on the platform of the Peoples Democratic Party (PDP) from Osun State have defected to the Accord Party, in a move seen as a major boost to...

Customs Intercepts ₦116.28m Suspected Silver Bars At Kano Airport, Hands Over Suspect To EFCC

March 02, (THEWILL) — The Nigeria Customs Service (NCS), Kano/Jigawa Area Command, has intercepted suspected smuggled precious metals valued at ₦116.28 million at the Mallam Aminu Kano International Airport, as it intensifies collaboration with key national institutions to bolster...

CBN Reports Stronger Net Reserves As External Buffers Improve

March 02, (THEWILL) — Governor Olayemi Cardoso says Nigeria’s foreign reserve position strengthened significantly at the end of 2025, reflecting improved external sector fundamentals and sustained monetary reforms. Speaking after the Monetary Policy Committee meeting and in subsequent remarks, Cardoso...

Equities Market Rebounds Strongly, Adds ₦1.7trn As Investor Sentiment Improves

March 02, (THEWILL) — The Nigerian equities market commenced the new trading week on a firm footing, posting a strong rebound as renewed buying interest lifted key market indicators. The trading session opened on Monday with the Market Capitalisation at...

Police Council Ratifies Disu As New IGP, Swearing-In Set For Wednesday

March 02, (THEWILL) — The Nigeria Police Council, on Monday, unanimously ratified the appointment of Olatunji Rilwan Disu as the new Inspector-General of Police (IGP), clearing the way for his formal swearing-in by President Bola Tinubu on Wednesday. A statement...

El-Rufai’s Family Rejects ICPC Allegations Over Alleged Phone-Tapping Equipment

March 02, (THEWILL) — The family of former Kaduna State governor, Mallam Nasir El-Rufai, has strongly denied allegations by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) that sophisticated phone-tapping equipment was recovered from his residence during...