News

BREAKING: CBN Retains 27% Interest Rate

November 25, (THEWILL) — The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) at 27 per cent. CBN Governor, Olayemi Cardoso, announced the decision on Tuesday in...

FG Abolishes Open Grazing, Moves to Transform Livestock Sector

November 25, (THEWILL) — The Federal Government has formally abolished open grazing nationwide, signalling a major policy shift in Nigeria’s livestock management and efforts to curb recurring farmer–herder conflicts. Speaking in Yola, Adamawa State, at the inaugural meeting of the...

Freed But Traumatised: Kwara Worshippers Relive Horror Of Church Abduction

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November 25, (THEWILL) — Shock, exhaustion and palpable relief filled the air on Sunday as all 38 abducted worshippers of the Christ Apostolic Church (CAC), Oke Isegun, Eruku, were formally received by Kwara State Governor, AbdulRahman AbdulRazaq, following their...

Tension in Ekiti LGA As Gunmen Kidnap 11 in Fresh Kwara Attack

November 25, (THEWILL) — Tension has heightened in communities under the Ekiti Local Government Area of Kwara State after gunmen launched a fresh attack on Isapa community, abducting 11 residents on Monday night. The incident comes barely two weeks after...

Dangote Picks Honeywell to Help Fulfill Expansion Plan

November 25, (THEWILL) — Dangote Refinery has tapped Honeywell International Inc. to open new tab to provide services and help double its refining capacity to 1.4 million barrels per day by 2028. Analysts describe this as the clearest indication...

Why Security Agencies Avoid Bombing Bandits Despite Knowing Their Hideouts — Presidency

November 25, (THEWILL) — The Presidency has shed light on why security agencies often refrain from carrying out airstrikes on bandits, even when their hideouts are clearly identified. Speaking on Arise TV’s news programme on Monday, Special Adviser to the...

Army Launches Full Probe Into Alleged Troop Withdrawal Before Kebbi Schoolgirls’ Abduction

November 25, (THEWILL) — The Nigerian Army has opened a full-scale investigation into allegations that soldiers were withdrawn from the Maga community in Kebbi State shortly before the abduction of 25 schoolgirls, vowing firm action against any personnel found...

London Route Viability: Air Peace Chairman, Demuren To Lead Industry Talks In Lagos

November 25, (THEWILL) — A high-level aviation dialogue aimed at strengthening the competitiveness and long-term viability of Nigerian airlines on the London route is set to hold in Lagos, following Air Peace’s successful commencement of operations into London Heathrow. Organisers...

CBN Proposes Five-Year Ban on Serial Dud Cheque Issuers

November 25, (THEWILL) — The Central Bank of Nigeria (CBN) has proposed stricter sanctions for individuals who repeatedly issue dud cheques, including an automatic five-year ban each time a repeat offence occurs. The measure is part of a new...

Naira Appreciates As Investors Anticipate 303rd MPC Decisions

November 25, (THEWILL) — The naira strengthened further on Monday, appreciating to ₦1,452 per dollar at the official foreign exchange market as investors, analysts, and market operators turned their attention to the 303rd Monetary Policy Committee (MPC) meeting. The...