News

N1.35bn Fraud: Supreme Court Clears Way For Trial Of Ex-Gov Lamido, Sons

January 16, (THEWILL) — The Supreme Court, on Friday, cleared the way for the resumption of the N1.35 billion fraud trial of former Jigawa State Governor, Sule Lamido, his two sons, and others, by ordering that the case should...

26 Rivers Lawmakers Vow To Impeach Fubara, Direct Speaker Amaewhule To Immediately Reconvene Assembly

January 16, (THEWILL) — Twenty-six members of the Rivers State House of Assembly, on Friday, declared their intention to continue the impeachment proceedings against Governor Siminalayi Fubara, accusing him of gross misconduct and persistent violations of the Constitution. The lawmakers,...

ATPN Set To Unlock Blue Tourism Potential, Create Tourism Events Calendar In South-South Region

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January 16, (THEWILL) — The foremost multi-sectoral private tourism body in Nigeria, the Association of Tourism Practitioners of Nigeria (ATPN), is set to unlock the blue tourism potential in the South-South region of Nigeria by creating a tourism events...

Gov Abiodun Reiterates Support For Families Of Fallen Heroes

January 16, (THEWILL) — Ogun State Governor, Prince Dapo Abiodun, has reiterated his administration’s commitment to improving the welfare of families of deceased soldiers who paid the supreme price in the service of the nation. The governor made this known...

SEC Unveils Tougher Capital Standards To Strengthen Nigeria’s Financial Markets

January 16, (THEWILL) — Nigeria’s Securities and Exchange Commission (SEC) has unveiled sweeping new capital requirements for operators in the capital market, significantly raising financial thresholds for fintech companies, digital asset firms, brokers, fund managers and other market participants. The...

Sterling Bank, Ecobank, 22 Others Achieve CBN Recapitalisation Targets Before 2026

January 16, (THEWILL) — Sterling Bank, Ecobank, and 22 other deposit money banks have met the recapitalisation thresholds set by the Central Bank of Nigeria (CBN), well ahead of the 2026 compliance deadline. The development signals growing preparedness within Nigeria’s...

NGX, DEG Engage CEOs To Mobilise Up To $3bn In Net-Zero Capital

January 16, (THEWILL) — The Nigerian Exchange (NGX), in partnership with Germany’s development finance institution DEG, has convened top corporate executives and investors in a bid to unlock up to $3 billion in net-zero climate capital for Nigeria’s economy. The...

SEC Flags Strategic Alpha Fund Over Alleged Ponzi Operations

January 16, (THEWILL) — Nigeria’s Securities and Exchange Commission (SEC) has issued a public warning against an online investment entity known as the Tunbosayo Okekunle Strategic Alpha Fund (TOSAF), flagging it as a suspected Ponzi-like scheme and urging the...

IMF Endorses Nigeria’s New CPI Methodology As Inflation Eases To 15.15% In December 2025

January 16, (THEWILL) — The International Monetary Fund (IMF) has backed Nigeria’s latest inflation data following a major revision of the Consumer Price Index (CPI) methodology by the National Bureau of Statistics (NBS), saying the changes enhance data credibility...

EU Removes Nigeria From High-Risk Financial List

January 16, (THEWILL) — The European Union (EU) has officially removed Nigeria from its list of high-risk third-country jurisdictions for money laundering and terrorism financing. This decision, published on January 9, 2026, marks a major boost for the country’s...