News

Gunmen Kill Five In Attack On National Park Service Office In Oyo

January 07, (THEWILL) — Gunmen on Tuesday night attacked the National Park Service (NPS) office in Oloka, Orire Local Government Area of Oyo State, killing five personnel and leaving others critically injured. The attack, which occurred at about 9:00...

‘The Law Cannot Be Bent’ – Judge Declares Amid Compromise Attempt, Warns Lawyers, Litigants In Malami’s Case

January 07, (THEWILL) — Justice Emeka Nwite of the Federal High Court, Abuja, on Wednesday revealed that attempts had been made to compromise him in the ongoing prosecution of the immediate past Attorney-General of the Federation and Minister...

Nigerian SEC Cautions Investors Over Unauthorised Voya-Branded Platform

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January 07, (THEWILL) — The Securities and Exchange Commission (SEC) has issued a public warning cautioning investors against doing business with an entity calling itself Voya Investment Management (VIM), saying the firm is not authorised to operate in...

No Tax On Bank Savings – CITN Explains New Stamp Duty Rules

January 07, (THEWILL) — The Chartered Institute of Taxation of Nigeria (CITN) has dismissed reports suggesting that Nigerians’ bank savings are being taxed under the country’s new tax regime, clarifying that only specific electronic transfers attract a ₦50...

Nigeria’s Poverty Rate May Rise 62%, Says PwC

January 07, (THEWILL) — Global professional service firm, PricewaterhouseCoopers, PwC, has said Nigeria’s poverty rate may rise sharply to 62 percent by 2026, with about 141 million people expected to be living below the poverty line. The...

FCT Area Council Election: INEC Says Labour Party Crisis, Pending Suits Bar Candidate Upload

January 07, (THEWILL) — The Independent National Electoral Commission (INEC) has attributed the non-issuance of access codes to Labour Party candidates for the 2026 Federal Capital Territory (FCT) Area Council election to the party’s lingering leadership crisis and...

Police Foil Bandit Attack, Rescue 76 Children in Kaduna

January 07, (THEWILL) — The Nigeria Police Force has successfully thwarted an attempted bandit attack and a planned abduction of 76 children in the Kasuwan Magani area of Kaduna State, following timely intelligence and a swift operational response....

Money Laundering: Ex-AGF Malami Gets ₦500m Bail as Court Fixes Feb 17 For Trial

January 07, (THEWILL) — The Federal High Court in Abuja on Wednesday granted the former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), bail in the sum of ₦500 million in his alleged money laundering trial,...

Nigeria’s Tax Reforms Expected to Lift Tax-to-GDP Ratio in 2026

January 07, (THEWILL) — Nigeria’s tax-to-GDP ratio is projected to improve in 2026 as ongoing fiscal reforms begin to translate into stronger revenue mobilisation and broader tax compliance. Analysts say recent policy measures including tax administration reforms, digitisation of...

Nigeria Attracts $14bn Foreign Capital on Reform Push — FG

January 07, (THEWILL) — Nigeria attracted nearly $14 billion in foreign capital inflows within the first nine months of 2025, as renewed investor confidence driven by ongoing economic reforms lifted foreign participation above levels recorded in the full...