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Naira Depreciation to Worsen Under CBN, EFCC’s Combat Postures

May 26, (THEWILL)- The Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) have stepped up their fight against the perceived ‘enemies’ of the naira who are seemingly responsible for the continued depreciation of the...

Gov Yusuf Orders Arrest Of Former Emir Bayero

May 25, (THEWILL) - Governor Abba Yusuf has ordered the immediate arrest of the former Emir of Kano, Alhaji Aminu Ado Bayero, "for creating tension in the state." This is contained in a statement issued on Saturday morning, by...

EFCC Approaches Another High Court After Losing Order Of Final Forfeiture On $4.7 Million, ₦830m, Properties Allegedly Linked To Emefiele

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May 24, (THEWILL)- After a Federal High Court in Lagos presided over by Justice C.J. Aneke had on May 14, 2024, vacated an interim forfeiture order sought by the Economic and Financial Crimes Commission (EFCC) on monies domiciled in...

Gov Yusuf Reappoints Sanusi Lamido As Emir Of Kano

May 22, (THEWILL)- Governor Abba Yusuf of Kano State on Thursday reappointed Malam Sunusi Lamido Sunusi as the new Emir of Kano. This followed the passing of the Kano Emirate Councils Law (Repeal Bill) 2024 which abrogated the establishment of...

FG Alerts Nigerians To Outbreak Of Poison In Trade Animals, Issues Advisory

May 23, (THEWILL) - The Federal Ministry of Agriculture and Food Security has alerted Nigerians to an outbreak of poison in trade animals at Mandate Cattle Market, near the College of Arabic and Islamic Legal Studies at Adewole, Ilorin,...

Kano Assembly Repeals Emirates Council Law, Dethrones Five Emirs As Sanusi II May Return As Emir

May 23, (THEWILL) - Kano State House of Assembly, on Thursday, passed the Kano Emirate Councils Law (Repeal Bill) 2024, after scaling 3rd reading. The law has, therefore, abrogated the establishment of 5 new Emirates in the state. All offices established...

BREAKING: Cross River Assembly Impeaches Speaker Ayambem

May 22, (THEWILL)- Speaker of the Cross River State House of Assembly, Elvert Ekom, has been impeached. Ayambem represents Ikom 2 State Constituency in the Houses of Assembly. He was impeached over alleged gross misconduct and administrative high handedness. The motion for...

BREAKING: Labour Rejects Proposal As FG Raises Minimum Wage To N54,000

May 21, (THEWILL) - The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have again rejected the N54,000 proposed by the Federal Government as the new minimum wage. This followed the resumption of negotiations by the Tripartite Committee...

UPDATED: CBN Raises Interest Rate To 26.25%

May 21, (THEWILL) - The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points, increasing it from 24.75 percent to 26.25 percent to tighten inflation and ensure the stability of the naira. CBN Governor, Olayemi...

Massive Devaluation, Inflation Surge Drain N1.2tr FAAC Allocation

May 21, (THEWILL)- The Federation Accounts Allocation Committee (FAAC) distributed N1.208 trillion in revenue to the Federal Government, States, and Local Government Councils for May 2024 from April revenue. On a month-by-month basis, this figure represents an increase  of N191...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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