News

December 04, (THEWILL) — The Federal Executive Council’s (FEC) approval of the 2026-2028 Medium-Term Expenditure Framework (MTEF), with projected revenue of ₦34.33 trillion, provides an important macro-fiscal signal for Nigeria’s capital markets going into 2026. The MTEF, which outlines...

December 03, (THEWILL) — The Nigerian equity market closed positively today as sustained buying interest across several large and mid-cap counters lifted both the Market Capitalisation and the All-Share Index (ASI). Market Capitalisation opened at N92.376 trillion and closed higher...

December 03, (THEWILL) — The Nigerian Content Development and Monitoring Board (NCDMB) has announced a $3 million cap on the amount any local oil and gas company can access from its newly established $100 million equity investment scheme. The limit,...

December 03, (THEWILL) — The Federal Executive Council (FEC) on Wednesday approved the 2026–2028 Medium-Term Expenditure Framework (MTEF), outlining the Federal Government’s fiscal direction, revenue targets and spending priorities for the next three years. Briefing State House correspondents after the...

December 03, (THEWILL) — The United States has imposed visa restrictions on individuals — including their immediate family members — who have “directed, authorized, significantly supported, participated in, or carried out violations of religious freedom” in Nigeria and other...

December 03, (THEWILL) — December 03, (THEWILL) — Immediate past Minister of Defence, Muhammad Badaru Abubakar, has denied reports claiming he resigned from President Bola Tinubu’s cabinet over alleged discomfort with ongoing counter-terrorism cooperation between Nigeria and the administration...

December 03, (THEWILL) — The Nigerian Senate has confirmed the appointment of the immediate-past Chief of Defence Staff, General Christopher Gwabin Musa (rtd.), as the new Minister of Defence. President Bola Tinubu presented General Musa for legislative confirmation on Tuesday,...

December 03, (THEWILL) — Ogun State Governor Dapo Abiodun on Wednesday presented a proposed 2026 Appropriation Bill of N1,668,997,993,125.44 to the State House of Assembly. The governor proposed N624.76bn for recurrent expenditure and N1.044tn for capital projects. Tagged “Budget of Sustainable...

December 03, (THEWILL) — The Senate on Wednesday erupted into a rowdy session after lawmakers rejected a motion to allow former Chief of Defence Staff and ministerial nominee, Gen. Christopher Musa (retd.), to “take a bow and go.” The proposal,...

December 03, (THEWILL) — The Executive Secretary of the Nigeria Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday, said Nigeria stands at the defining moment. Saying that global energy systems are rapidly transforming, and our...