News

NGX Enforces Compliance, Fines 13 Insurers ₦378 Million for Reporting Breaches

February 27, (THEWILL) — The Nigerian Exchange Group (NGX Group) has imposed penalties totaling ₦378 million on 13 insurance companies for repeated breaches of financial reporting rules, in a move the exchange described as part of its ongoing...

Kano Government to Spend N432.4 Billion on Education in 2026 Fiscal Year

February 27, (THEWILL) — The Kano State Government is set to spend 432.4 billion naira to transform the state education sector, according to the Commissioner of Budget and Planning, Alhaji Musa Sulaiman Shanono. Shanono disclosed the estimates while briefing...

Ekiti, Enugu Top List as Petrol Prices Drop Nationwide, Falls 17.77% Year-on-Year to ₦1,034.76 in January – NBS

Ask ZiVA 728x90 Ads
February 27, (THEWILL) — The average retail price paid by consumers for Premium Motor Spirit (PMS), popularly known as petrol, fell to ₦1,034.76 in January 2026, representing a 17.77 per cent decrease compared to ₦1,258.34 recorded in January...

Ozekhome, Useni Plead Not Guilty to 12-Count Forgery Charge, Granted N10 Million Bail as Court Orders Passport Seizure

February 27, (THEWILL) — Senior Advocate of Nigeria Mike Ozekhome and his co-defendant, Ponfa Useni, pleaded not guilty on Friday to a 12-count charge involving alleged forgery linked to a disputed London property. Following their plea, the High...

Fresh Crack in Akpabio’s Camp as Senior Aide Resigns

February 27, (THEWILL) — A fresh crack has emerged in the camp of the President of the Senate, Godswill Obot Akpabio, following the resignation of one of his Senior Legislative Aides, Hon. Iniobong Patty Inemeh, who cited prolonged...

Bauchi Governor Meets Tinubu, Seeks Federal Support to Halt Bandits’ Violent Attacks, Warns of Humanitarian Crisis

February 27, (THEWILL) — Bauchi State Governor Bala Mohammed has called on the federal government for urgent intervention to contain escalating bandit attacks in Alkaleri Local Government Area, warning that the situation could rapidly develop into a humanitarian...

NIN Now Mandatory For School Exams, Scholarships, Government Benefits — NIMC

February 27, (THEWILL) — The National Identity Management Commission (NIMC) has declared that the National Identification Number (NIN) is now mandatory for all school-related activities, including exams, scholarship applications, and access to government benefits. In a statement published on...

Power Outages, Load Shedding as Gas Shortfall Cuts Nigeria’s Electricity Generation to 4,300MW

February 27, (THEWILL) — Nigeria is currently experiencing widespread power outages and load shedding as electricity generation drops to approximately 4,300 megawatts (MW), the Nigerian Independent System Operator (NISO) has disclosed. In a statement issued on Friday, NISO...

Neimeth Calls Court-Ordered Meeting To Approve ₦1.9bn Share Transfer

February 27, (THEWILL) — Neimeth International Pharmaceuticals Plc has announced plans to convene a court-ordered meeting of its shareholders to consider and approve a proposed ₦1.9 billion share transfer arrangement. The meeting, scheduled in compliance with a directive of the...

NGX Group Posts ₦15.6bn FY 2025 Profit, Declares ₦3 Dividend, 1-For-3 Bonus Shares

February 27, (THEWILL) — Nigerian Exchange Group (NGX Group) has reported a Profit Before Tax (PBT) of ₦15.6 billion for the financial year ended December 31, 2025, reflecting improved earnings resilience, stronger margins, and a reinforced balance sheet despite...