News

RULAAC Slams DSS Over Detention of Prof. Ndibe at Lagos Airport, Demands Immediate Release

June 1 (THEWILL) — The Rule of Law and Accountability Advocacy Centre (RULAAC) has condemned what it described as the “arbitrary and repeated detention” of renowned Nigerian writer and academic, Okey Ndibe, by operatives of the Department of State...

Nigeria Makes History as First African Market to Adopt T+1 Settlement, Boosting Investor Confidence

June 1 (THEWILL) — Nigeria’s capital market has recorded a major milestone in its drive for greater efficiency and global competitiveness, becoming the first market in Africa to transition to a T+1 settlement cycle, a move expected to improve...

Supreme Court Nullifies Asset Freeze on Nestoil, Neconde in Major Legal Victory

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June 1 (THEWILL) — The Supreme Court on Monday overturned a Court of Appeal order that froze the assets of Neconde Energy Limited, Nestoil Limited and two other entities over an alleged $1.1 billion debt dispute involving FBNQuest Merchant...

Market Loses ₦1.81tn as BUA Cement Leads Broad-Based Selloff

June 1 (THEWILL) — The Nigerian equities market reversed previous gains on Monday as renewed profit-taking in large-cap stocks, particularly BUA Cement, dragged key performance indicators lower. Market capitalisation declined by ₦1.811 trillion to close at ₦158.697 trillion from ₦160.508...

Israel vs Hezbollah War: Trump Announces Cease Fire Deal After Netanyahu Call

June 1 (THEWILL) — U.S President, Donald J. Trump, has disclosed a “very productive call” with Israeli Prime Minister Benjamin Netanyahu, after which he announced what he described as a breakthrough involving a cessation of hostilities in the Middle...

Military Offensive Shatters Kidnappers’ Operation in Kogi, 23 Captives Regain Freedom

June 1 (THEWILL) — Troops of the 12 Brigade, Nigerian Army, have shattered a kidnapping operation along the Ayegunle–Bunu Road in Kabba-Bunu Local Government Area of Kogi State, rescuing 23 abducted passengers in a swift counter-offensive that disrupted the...

CBN Unveils Payment Vision 2028, Targets 95% Financial Inclusion, Digital Payments Growth

June 1 (THEWILL) — The Central Bank of Nigeria (CBN) has launched the Nigeria Payment System Vision (PSV) 2028, an ambitious roadmap aimed at raising financial inclusion to 95 percent of the adult population and strengthening the country’s position...

Delta Extrajudicial Killing: Court Remands Five Dismissed Police Officers in Correctional Centre

June 1 (THEWILL) — Five dismissed police officers standing trial over the alleged extrajudicial killing of Oghenemine Ogidi, popularly known as OG Millan, have been remanded in custody by a High Court sitting in Asaba, Delta State. The case...

Flutterwave Crosses 1 Billion Transactions, Processes Over $40bn in Payments

June 1 (THEWILL) — African fintech unicorn Flutterwave has surpassed one billion transactions and processed more than $40 billion in total payment value since its launch, underscoring its growing role in Africa’s digital payments ecosystem. The milestone was disclosed by...

Foreign Training Row Triggers NUPRC Staff Industrial Action

June 01, (THEWILL) — Workers of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have embarked on an indefinite nationwide strike, shutting down all commission...
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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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