News

CBN Approves BoI’s Non-Interest Banking Window

February 09, (THEWILL) — The Bank of Industry (BoI) has secured approval from the Central Bank of Nigeria (CBN) to operate a non-interest banking window, marking a significant step in expanding alternative financing options for businesses. The approval allows BoI...

Why Gov Fubara Is Yet To Be Officially Received Two Months After Defection – APC

February 09, (THEWILL) — The All Progressives Congress (APC) has explained why Rivers State Governor, Siminalayi Fubara, has yet to be formally received into the party nearly two months after his defection, saying the delay is deliberate and driven...

Aircraft Checks: Facility To Cut Maintenance Cost – GCAA DG Expresses Optimism Over Aero MRO

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February 09, (THEWILL) — The Director General, Ghana Civil Aviation Authority (GCAA), Rev. Stephen Wilfred Arthur, said Aero Contractors Aircraft Maintenance Organisation (AMO) will effectively service all commercial aircraft operating in West and Central Africa approved for maintenance in...

Manufacturers Sit On ₦1.8trn Unsold Goods As Demand Weakens

February 09, (THEWILL) — Nigeria’s manufacturing sector is facing a growing inventory overhang, with manufacturers holding an estimated ₦1.8 trillion worth of unsold goods as weak consumer demand continues to weigh on sales. Industry players say persistently high inflation has...

FCMB, Wema, FirstHoldCo File Early As NGX Q4 Bank fFilings Diverge

February 09, (THEWILL) — A split is emerging among Nigerian banks over the timing of fourth-quarter and full-year 2024 earnings releases, with FCMB Group, Wema Bank and FirstHoldCo, filing their results early with the Nigerian Exchange (NGX) while several...

CAC Cleans Corporate Database, Deregisters Over 400,000 Inactive, Non-Compliant Firms

February 08, (THEWILL) — The Corporate Affairs Commission (CAC) has deregistered more than 400,000 inactive and non-compliant companies in 2025 as part of a major clean-up of Nigeria’s corporate database aimed at strengthening transparency and boosting investor confidence. The Registrar-General...

Electoral Act Row: Senate Reconvenes For Emergency Sitting On Tuesday As Pressure Mounts Over Rejected E-Transmission Clause

February 08, (THEWILL) — The Senate will reconvene on Tuesday, February 10, for an emergency plenary sitting as pressure continues to mount over its rejection of a proposed amendment mandating real-time electronic transmission of election results in the Electoral...

Ogun To Build ₦1bn AI-Powered Digital Classroom At Remo Secondary School — Abiodun

February 08, (THEWILL) — The Ogun State Government is constructing a 900-seater Artificial Intelligence-powered digital classroom complex valued at ₦1 billion at Remo Secondary School (RSS), Sagamu, as part of efforts to deepen technology-driven education in the state. Governor Dapo...

Obasanjo Urges Lisabi Festival, Tour Operator To Boost Tourism

February 08, (THEWILL) — Former President, Chief Olusegun Obasanjo, has urged the main organiser of the Lisabi Pre-Festival Heritage tour/Cultural Art Exhibition in Egbaland, Ogun State, to ensure that the area’s historical personalities and heritage sites are brought back...

Police Smash Drug Ring At Ibaka Fishing Port, Arrest 23 In Midnight Raid

February 08, (THEWILL) — The Akwa Ibom State Police Command says it has dealt a major blow to drug trafficking and organised crime in the coastal community of Ibaka, following a coordinated night raid that led to the...