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US Freezes Assets of Eight Nigerians in Global Anti-Terror and Cybercrime Crackdown

February 16, (THEWILL) — The United States has frozen the assets and properties of eight Nigerians under Executive Order 13224 for their alleged links to Boko Haram, ISIL, and cybercrime activities. The move, announced over the weekend by...

Nigeria Records Strong Capital Inflows As Importation Rises to $6.01bn in Q3 2025 – NBS

February 16, (THEWILL) — Nigeria recorded a great improvement in capital inflows in the third quarter of 2025, with total capital importation rising to US$6.01 billion, the National Bureau of Statistics (NBS) reported on Monday, February 16. The NBS...

NRS Clarifies: No 25% Tax On Building Materials Under Nigeria Tax Act 2025

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February 16, (THEWILL) — The Nigeria Revenue Service (NRS) has clarified that the Nigeria Tax Act 2025 does not impose a 25 per cent tax on building materials, construction funds, or related transactions, dismissing circulating claims as false...

After Decade of Surging Prices, Nigeria’s Food Inflation Nears Single Digit

February 16, (THEWILL) — For the first time in over a decade, Nigeria’s food inflation is on the brink of returning to single digits. A milestone last achieved in May 2015. Fresh projections reported by BusinessDay show that food...

Nigeria’s Petrol Imports Plunge 42.2% to 24.8m Litres Daily as Domestic Supply Rises

February 16, (THEWILL) — Nigeria’s daily petrol import volume slumped by 42.2 percent in January 2026, falling to 24.8 million liters per day from 42.8 million liters per day recorded in December 2025, according to the latest Nigerian...

Air Peace Unveils Executive Lounge on Valentine’s Day, Elevating Premium Travel Experience

February 15, (THEWILL) — On a day globally celebrated for love and appreciation, West and Central Africa’s largest carrier, Air Peace Limited, reaffirmed its commitment to cherishing its customers with the grand opening of its Executive Lounge at the...

UBA Unveils Diaspora Platform to Power Global African Lifestyle

February 15, (THEWILL) — Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a diaspora banking and investment platform designed to serve Africans living and working across the world and within the continent. The platform, launched in collaboration...

Dangote Refinery Boosts Daily PMS Supply To 40.1m Litres In January

February 15, (THEWILL) — The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery increased its domestic supply of Premium Motor Spirit (PMS), also known as petrol, to an average of 40.1 million...

Police Raid Suspected Drug Den, Arrest One In Akwa Ibom

February 15, (THEWILL) — Operatives of the Akwa Ibom State Police Command have raided a suspected drug den in Itam, Itu Local Government Area, arresting one suspect and recovering substances believed to be hard drugs and weapons. The operation, carried...

Singer Market Fire: Tinubu Orders Comprehensive Probe As Shettima Leads FG Delegation To Kano

February 15, (THEWILL) — President Bola Tinubu has ordered a comprehensive investigation into the recurring fire outbreaks at Kano’s Singer Market, following a devastating inferno that razed large sections of the food market over the weekend. The fire, which broke...