News

Improved FX Liquidity Keeps Naira Steady, Trades ₦1,360.55/$ in NFEM, Parallel Rate Hovers Below ₦1,400/$

June 10 (THEWILL) — Improved foreign exchange liquidity helped keep the naira largely stable against the United States dollar on Wednesday, with the local currency trading at ₦1,360.55/$ in the Nigerian Foreign Exchange Market (NFEM), while the parallel market...

FG Defends Tinubu Reforms Amid Hardship, Says Nigeria on Path to Recovery

June 10, (THEWILL) — The Federal Government has defended the economic and social reforms introduced by President Bola Ahmed Tinubu’s administration, insisting that Nigeria is on the path to recovery despite prevailing economic hardship and persistent security challenges...

U.S. Launches Retaliatory Strikes on Iran After Apache Helicopter Downing

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June 10, (THEWILL) — The United States on Tuesday launched what it described as "self-defense" military strikes against Iran following the downing of a U.S. Army Apache attack helicopter near the strategic Strait of Hormuz, in a...

IMF Raises Transparency Concerns Over Nigeria’s Planned $5bn Abu Dhabi Bank Loan

June 09, (THEWILL) — The International Monetary Fund (IMF) has expressed concerns over Nigeria’s proposed $5 billion borrowing arrangement with First Abu Dhabi Bank, warning that the financing structure could expose the country to fiscal risks due to limited...

Tinubu Congratulates Modi On Becoming India’s Longest-Serving Elected Prime Minister

June 09, (THEWILL) — President Bola Tinubu has congratulated Indian Prime Minister, Narendra Modi, on setting a new record as India’s longest-serving elected prime minister, describing the achievement as a reflection of the confidence and trust reposed in him...

Tragedy As Ekiti Varsity Deputy Registrar Slumps, Dies During Recruitment Exercise

June 09, (THEWILL) — A recruitment exercise for the position of Registrar at Ekiti State University (EKSU), Ado-Ekiti, ended in tragedy on Tuesday after one of the candidates and a Deputy Registrar of the institution, Dr Solomon Oluwasola Afolabi,...

No Safe Haven For Corrupt Elements – Tinubu Declares, Inaugurates EFCC Zonal Directorate Office In Ado-Ekiti

June 09, (THEWILL) — President Bola Tinubu, on Tuesday, declared that corrupt individuals would no longer find refuge in Nigeria as he inaugurated the new Economic and Financial Crimes Commission (EFCC) Zonal Directorate Office in Ado-Ekiti, Ekiti State. The President...

Equities Market Extends Rebound As Airtel Africa Powers NGX Higher

June 09, (THEWILL) — The Nigerian equities market sustained its positive momentum on Tuesday as gains in large-cap stocks, particularly Airtel Africa, lifted key market indicators despite a mixed breadth performance. Market capitalisation advanced by ₦835 billion to close at...

Ebola Threat: Tinubu Sets Up Presidential Task Force, Approves ₦10bn Intervention Fund

June 09, (THEWILL) — President Bola Ahmed Tinubu has approved the establishment of a Presidential Task Force on Ebola Virus Disease Preparedness and Emerging Public Health Threats, alongside the immediate release of ₦10 billion as emergency intervention funding to...

Disu Orders Proactive Security Measures As Police Review National Threats

June 09, (THEWILL) — The Inspector-General of Police (IGP), Olatunji Disu, has charged senior officers of the Nigeria Police Force (NPF) to adopt proactive, intelligence-driven and adaptive policing measures in addressing the nation's evolving security challenges. The charge was delivered...
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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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