News

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...

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...

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...

January 15, (THEWILL) — The Nigerian equities market closed lower on Thursday, as profit-taking across select stocks pressured overall performance. Market capitalisation declined from N106.780, at the open to N106.323 at the close, while the NGX All-Share Index (ASI)...

January 15, (THEWILL) — Nigeria on Thursday, January 15, 2026, marked the climax of activities commemorating the Armed Forces Celebration and Remembrance Day with a solemn wreath-laying ceremony at the National Arcade, Abuja. Vice President Kashim Shettima, representing President Bola...

January 15, (THEWILL) — President Bola Tinubu has reaffirmed his administration’s commitment to the welfare, dignity, and continuous support of the Nigerian Armed Forces, assuring that the nation will always stand firmly behind those who defend its sovereignty. In a...

January 15, (THEWILL) — The Federal Government on Thursday, January 15, 2026, formally withdrew the criminal defamation case against the Senator representing Kogi Central, Natasha Akpoti-Uduaghan. Consequently, the Federal Capital Territory (FCT) High Court in Abuja struck out the...

January 15, (THEWILL) — The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has denied reports claiming that the Federal Government suspended the issuance of implementation guidelines for the newly enacted tax laws. A media...

January 15, (THEWILL) — Nigeria’s headline inflation rose to 15.15 percent in December 2025 following a recalibration of the country’s inflation measurement methodology, the National Bureau of Statistics (NBS) said. The revision aims to provide a more accurate reflection...

January 15, (THEWILL) — The Nigeria Revenue Service (NRS) has clarified that Value Added Tax (VAT) on banking fees and related service charges is not a new development. The agency dismissed reports suggesting that the Nigeria Tax Act 2025...