Nigeria

BEVERLY HILLS, February 18, (THEWILL) - The International Monetary Fund (IMF) has confirmed that some cryptocurrencies were being used for money laundering and drug trafficking. Taking a similar stance on cryptocurrency as the Central Bank of Nigeria (CBN), the IMF cautioned...

BEVERLY HILLS, February 18, (THEWILL) - The Accident Investigation Bureau, Nigeria (AIB-N) has commenced an investigation into Tuesday’s incident involving an Azman aircraft at Murtala Muhammed Airport, Lagos. In an official statement issued Thursday, signed by the General Manager (Public...

BEVERLY HILLS, February 17, (THEWILL) - The Federal Government has said that a total of 56.1 million poor and vulnerable Nigerians had yet to be identified and registered in the National Social Register (NSR), as at January 31, 2021 The...

BEVERLY HILLS, February 14, (THEWILL) - RESTRUCTURING! That 13-letter word that was once whispered in closed circles almost a decade ago has become a household word that even the most unlikely believer has become its chief advocate, calling for its...

BEVERLY HILLS, February 14, (THEWILL) - The Nigerian government says it will convert the N10 trillion loans it owes the Central Bank of Nigeria (CBN) into a 30-year bond. The ‘indebtedness’ to the CBN was largely by Ways and Means advances...

BEVERLY HILLS, February 14, (THEWILL) - Veteran Nollywood actor, Richard Mofe-Damijo, RMD, has reacted to the arrest of Mr Macaroni and other protesters during the #OccupyLagos demonstration. THEWILL had earlier reported that security operatives deployed to Lekki toll gate had arrested...

...Agrees To Refund Over 2m Barrels Of Crude ...Accepts Infraction, Fine BEVERLY HILLS, February 14, (THEWILL) - This is not the best of times for Nigeria’s leading oil firm, Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal...

BEVERLY HILLS, February 13, (THEWILL) - Police today arrested dozens of #OccupyLekkiTollGate protesters at the Lekki Tollgate in Lagos, sparking off a rash of harsh criticisms for authorities. Comedy skit producer and popular comedian, Debo Adebayo, also known as Mr. Macaroni,...

BEVERLY HILLS, February 11, (THEWILL) - As part of what it described as COVID-19 measures, the government of the United Arab Emirates has suspended Nigerian airline, Air Peace, from operating inbound passenger flights to the country. Air Peace management announced the...

BEVERLY HILLS, February 09, (THEWILL) - The Department of Petroleum Resources (DPR) has issued a licence for the establishment of Nigeria’s first floating Liquefied Natural Gas (LNG) production plant. The department said the plant would have a capacity to process 176...