News

Coup Attempt: Tinubu Seeks NASS Approval to Deploy Nigerian Troops to Benin Republic

December 09, (THEWILL) — President Bola Tinubu has formally requested the approval of the National Assembly to deploy Nigerian troops to the Republic of Benin following Sunday’s failed coup attempt in Cotonou. The request was contained in a letter read...

Uyo High Court Jails Two for ₦67.5m Forex Fraud

December 09, (THEWILL) — The Akwa Ibom State High Court in Uyo on Monday sentenced two men, Chukwudi Onwuka and Eze Joshua Chinedu, to 10 years imprisonment each for defrauding businessman Tochi Obiano of ₦67,510,000 in a failed foreign...

Niger Republic Tightens Borders, Orders Mandatory Offloading, Inspection of All Shipments From Nigeria

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December 09, (THEWILL) — The Government of Niger Republic has introduced stringent new security measures targeting all goods originating from Nigeria, following a directive issued by the country’s Directorate General of Customs. The circular, dated December 8, 2025, and...

Technical Glitch Forces NAF C-130 to Land in Burkina Faso – Nigerian Air Force Dismisses Airspace Violation Claims, Says All Personnel Safe

December 09, (THEWILL) — The Nigerian Air Force (NAF) has dismissed claims by Burkina Faso that one of its C-130 transport aircraft breached the country’s airspace, clarifying that the aircraft diverted and landed in Bobo-Dioulasso due to a...

PenCom Goes Tough On Non-compliance With Pension Law

December 09, (THEWILL) — The National Pension Commission (PenCom) has announced a tougher compliance regime against employers that fail to adhere to the pension law. It therefore warns employers that the non-remittance of workers’ pension contributions would no...

CBN Approves 82 BDCs for Effective Monetary Policy Implemetation

December 09, (THEWILL) — The Central Bank of Nigeria (CBN) has confirmed the approval of final operating licences for 82 Bureaux De Change under its updated regulatory framework, cautioning Nigerians to avoid patronising unlicensed foreign exchange dealers. The approval...

FG Bans Cash Payments to MDAs, Launches Mandatory e-Receipt System From January 2026

December 09, (THEWILL) — The Federal Government has announced the full digitalisation of revenue collection across all Ministries, Departments and Agencies (MDAs), with a mandatory switch to cashless payments beginning January 1, 2026. Under the new regime, the Federal...

Nigeria’s New Tax Act Introduces Tougher Penalties, Including N10m Fine and 10-Year Jail Term

December 09, (THEWILL) — Nigeria’s newly enacted Tax Administration Act 2025 has introduced some of the toughest tax-compliance penalties in the country’s history, including a N10 million fine and up to 10 years imprisonment for serious offences such...

EFCC–Arik Case: Witness Hints At Receiver Manager Nominee’s Role in NG Eagle Share Structure

December 09, (THEWILL) — The trial of former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, resumed on Monday at the Special Offences Court in Ikeja, Lagos, with fresh testimony on the ownership structure...

Flying Without Clearance: Tension As Burkina Faso Grounds NAF C-130, Accuses Nigeria of Airspace Breach

December 09, (THEWILL) — Tensions rose on Monday after Burkina Faso forced a Nigerian Air Force (NAF) C-130 aircraft carrying 11 military personnel to land, accusing the aircraft of entering its airspace without the required clearance. The Confederation of...