News

December 12, (THEWILL) — The Nigerian equities market advanced further on Friday, closing positively as renewed investor appetite pushed major indices higher. The Market Capitalisation opened at ₦94.318 trillion and closed higher at ₦95.264 trillion. Similarly, the All-Share Index...

December 12, (THEWILL) — The African Democratic Congress (ADC) has expressed growing concerns over the possibility of former Vice President Atiku Abubakar and former Anambra State governor, Peter Obi, reaching a unified agreement to run together in the...

December 12, (THEWILL) — The Federal High Court in Lagos has set aside the receivership order obtained by the Asset Management Corporation of Nigeria (AMCON) against General Hydrocarbons Limited, dismissing AMCON’s suit in its entirety on the grounds that...

December 12, (THEWILL) — The Federal Government has announced that all taxable Nigerians will be required to provide a Tax Identification Number (TIN) to operate bank accounts from January 1, 2026, in line with the country’s new tax...

December 12, (THEWILL) — Investors poured a hefty ₦2.46 trillion into Nigeria’s Treasury Bill (T-bill) market in two consecutive auctions held in December, underscoring continued strong demand for short-term government securities even amid elevated yields and tight liquidity...

December 12, (THEWILL) — Rivers State Governor, Siminalayi Fubara, on Friday, formally completed his defection to the All Progressives Congress (APC) after receiving his party membership card at a brief ceremony held at the Government House, Port Harcourt. The APC...

December 12, (THEWILL) — The Central Bank of Nigeria (CBN) has issued a one-month deadline to Point of Sale (PoS) operators and other payment service providers to ensure full compliance with the mandatory dual connectivity requirement for all PoS...

December 12, (THEWILL) — The Dangote Petroleum Refinery has again reduced the ex-depot price of petrol, slashing the gantry rate from N828 to N699 per litre — a 15.58 per cent decline — according to real-time market data from...

December 12, (THEWILL) — Nigeria’s energy sector has recorded a major milestone as the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in collaboration with the Securities and Exchange Commission (SEC), has issued key licences to JEX Market to...

December 12, (THEWILL) — A Federal Capital Territory High Court sitting in Gwarinpa, Abuja, has ordered the remand of former Minister of Labour and Productivity, Chris Ngige, at the Kuje Correctional Centre following his arraignment on corruption charges totalling...