News

Nigerian Banking Veteran, Former UBA Chairman Chief Israel Ogbue, Dies at 99

February 19, (THEWILL) — The Nigerian business community is mourning the passing of Chief Israel C. Ogbue, former Chairman of the United Bank for Africa (UBA), who died at the age of 99. His death, first reported by Nairametrics, marks...

UK Authorities Detain Ex-Royal Andrew Mountbatten-Windsor in Misconduct Probe

February 19, (THEWILL) — UK authorities have detained Andrew Mountbatten-Windsor, a former member of the British royal family, on suspicion of misconduct in public office, according to UK media reports. Thames Valley Police confirmed on Thursday that a man...

Rivers Assembly Suspends Impeachment Proceedings Against Fubara, Deputy

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February 19, (THEWILL) — The Rivers State House of Assembly has suspended all impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu, following the intervention of President Bola Tinubu to de-escalate the state’s lingering political crisis. The...

Ondo Monarch, Oba Falodun Killed In Brutal Attack in Agamo

February 19, (THEWILL) — The Agamo community in Akure North Local Government Area of Ondo State was thrown into mourning on Wednesday night after gunmen stormed the residence of the traditional ruler, Oba Kehinde Jacob Falodun, and killed...

FMBN Sets Sights on ₦750bn Capital Boost to Transform Nigeria’s Housing Landscape

February 19, (THEWILL) — The Federal Mortgage Bank of Nigeria is positioning itself for a major transformation as it targets a ₦750 billion recapitalisation aimed at revitalising housing finance across the country. For years, limited capital has constrained the...

Dual-Citizen Children Born Abroad Must Travel With British Passports – UK Warns

February 19, (THEWILL) — The United Kingdom government has warned that dual-citizen children born overseas must travel with valid British passports or risk being denied entry into the country under new border rules taking effect from February 25. Under...

Former South Korean President Yoon Sentenced to Life Imprisonment

February 19, (THEWILL) — Former South Korean President Yoon Suk-yeol has been sentenced to life imprisonment after a Seoul court found him guilty of masterminding an insurrection following his short-lived declaration of martial law in December 2024. The judgment...

Cooling Inflation Raises Prospects of Interest Rate Cut

February 19, (THEWILL) — A steady moderation in inflation is strengthening expectations that the Central Bank of Nigeria could begin easing monetary policy, offering potential relief to businesses and households facing high borrowing costs. Recent data shows price pressures...

How Epstein and Ex-Israeli PM Barak Used Boko Haram Crisis to Access Nigeria’s Oil, Ports

February 19, (THEWILL) — Convicted American sex offender Jeffrey Epstein and former Israeli Prime Minister Ehud Barak allegedly exploited Nigeria’s war against Boko Haram to gain entry into the country’s oil, port, and logistics sectors, using counterterrorism cooperation...

Nigeria’s IDA Debt Rises to $18.7bn Amid Growing Fiscal Pressures

February 19, (THEWILL) — Nigeria’s growing dependence on concessional financing has come into sharper focus as its debt to the World Bank’s International Development Association (IDA) rose to $18.7 billion. For Africa’s largest economy, the figure tells a broader...