News

Sterling HoldCo Gets Shareholders’ Nod To Raise $400 Million, Approves Share Consolidation

June 17, (THEWILL) — Sterling Financial Holdings Company Plc has secured shareholder approval to raise $400 million in fresh capital as it seeks to strengthen its capital base and expand its operations across Nigeria’s financial services sector. The approval was...

NCDMB Hosts Ghana National Oil Company On Local Content Benchmarking Study

June 17, (THEWILL) — A delegation from the Ghana National Petroleum Corporation (GNPC) has visited the Nigerian Content Development and Monitoring Board (NCDMB) on a knowledge-sharing and local content benchmarking study, with a view to deepening their understanding of...

Katsina Tightens Security Clampdown As Troops Rescue Four Kidnap Victims, Tinubu Approves 1,000 Forest Guards

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June 17, (THEWILL) — The Katsina State Government has intensified its crackdown on banditry and kidnapping with the introduction of stringent new security measures, including a statewide ban on the sale, purchase, transportation and storage of petroleum products in...

Labour Moves To Reopen Minimum Wage Talks, Demands Living Wage For Workers

June 17, (THEWILL) — The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have announced plans to reopen negotiations with the Federal Government on a new national minimum wage, arguing that the current wage structure can no longer...

Petrol Prices May Fall To ₦1,200/Litre As Dangote Cuts Rates

June 17, (THEWILL) — Petrol prices could decline to about ₦1,200 per litre in the coming days following a fresh reduction in ex-depot prices by the Dangote Petroleum Refinery, marketers have said. The refinery, on Monday, slashed its petrol gantry...

UK Names Veteran Diplomat Peter Vowles As New High Commissioner To Nigeria

June 17, (THEWILL) — The United Kingdom has appointed seasoned diplomat and development expert, Peter Vowles, as its next High Commissioner to Nigeria, signalling London's commitment to deepening strategic ties with Africa's largest economy amid growing cooperation in trade,...

Air Peace Expands African Footprint With New Flight Services To Douala, Libreville, Bamako, Conakry

June 17, (THEWILL) — Nigeria’s largest carrier, Air Peace, has announced a major expansion of its regional operations with the launch of new scheduled flight services connecting Lagos to four additional African cities — Douala in Cameroon, Libreville in...

No New Fuel, Telecom Taxes — FG Assures Nigerians

June 17, (THEWILL) — The Federal Government has assured Nigerians that there are no plans to introduce new taxes on petroleum products or telecommunications services, dismissing widespread reports suggesting fresh tax measures are being considered as inaccurate and misleading. In...

Oshiomhole Backtracks, Denies Alleging Signature Fraud In Natasha’s Suspension

June 17, (THEWILL) — Former Edo State Governor and Senator representing Edo North, Adams Oshiomhole, has clarified his earlier remarks on the suspension of Senator Natasha Akpoti-Uduaghan, denying reports that he accused the members of the Senate of forging...

Air Peace Strengthens Domestic Connectivity With Increased Flights Across Nigeria

June 17, (THEWILL) — Nigeria’s leading carrier, Air Peace, has announced a major expansion of its domestic flight operations with increased frequencies and expanded seat capacity across key routes nationwide, in a move aimed at meeting rising passenger demand...
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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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