News

Nigeria’s net foreign exchange flow fell 29 percent month-on-month to $4.94 billion in March 2026 as total FX outflows more than doubled. CBN data showed outflows jumped from $2.50 billion in February to $5.54 billion in March, while...

Fatima Aliko-Dangote is the sole female director among the 10 directors listed by Dangote Petroleum Refinery. She joined the group in 2014, moving through strategy and business development before taking a commercial leadership role at NASCON in 2016. ...

The EFCC has recovered and transferred $60 million from Nestoil Limited to a consortium of creditor banks as part of an ongoing investigation into the company’s transactions with its lenders. The payment follows a structured repayment plan agreed...

Dangote Refinery applies for an offer of up to $5 billion on the NGX as a "People's IPO." The 650,000 bpd refinery targets expansion to 1.4 million bpd. Follows a $2.5 billion private placement that was 3.7 times...

August 17, (THEWILL) — As campaigns for the 2027 general election kick-off on the Wednesday, August 19, 2026, official date, the just concluded governorship poll in Osun State has provided pundits and politicians with a template to analyse and...

August 17, (THEWILL) — The foundation members of the defunct Alliance for Democracy, AD, who gathered in Abuja for a reunion have described the event as unconnected with political matters, even as it is obvious that they held the...

August 17, (THEWILL) — Nigeria’s external reserves have climbed above $52 billion, reaching their highest level in about 17 years, but the naira has not responded with a corresponding surge. The apparent disconnect highlights an important reality about Nigeria’s...

Dangote Refinery slashes petrol gantry prices to ₦1,165 per litre, pushing private depots to follow suit. Parthian Partners projects July headline inflation to cool down to 15.70 percent. The Debt Management Office launches a major ₦1.1 trillion FGN...

Edo State House of Assembly Speaker, Blessing Agbebaku, resigned during Monday's plenary after reports that 18 lawmakers had backed moves to impeach him, saying he accepted the decision "in the interest of peace" in the state. Moments after...

Tinubu celebrates former military Head of State Ibrahim Babangida on his 85th birthday, describing him as one of Nigeria's most consequential leaders. President says Babangida's eight-year rule left unmatched political, economic and geographical footprints across the country. Tinubu...