News

May 29 (THEWILL) — Shareholders of First HoldCo Plc, the parent company of FirstBank of Nigeria, have approved a capital raise of up to N253.099 billion as the group advances plans to build a N1 trillion paid-up capital base. The...

May 29 (THEWILL) — The Nigeria Democratic Congress (NDC) has rejected alleged endorsement lists circulating in some states, declaring that no such lists were approved by its national leadership and insisting that all qualified aspirants would be allowed to...

May 29 (THEWILL) — Stanbic IBTC Holdings Plc has approved N804.5 million as directors’ remuneration for the financial year ending December 31, 2026, following resolutions passed at its 14th Annual General Meeting (AGM). The approval comes amid a strong earnings...

May 29 (THEWILL) — The Federal Government recorded fresh borrowings of N11.89 trillion in the first nine months of 2025 but spent only N3.10 trillion on capital projects within the same period, highlighting a widening gap between debt accumulation...

May 29 (THEWILL) — Nigeria recorded a sharp decline in its fiscal deficit in the third quarter of 2025, signaling improving public finance management and stronger government revenue performance amid ongoing economic reforms. According to the latest fiscal performance report...

May 29 (THEWILL) — Nigeria’s Dangote Refinery has emerged as the world’s largest exporter of jet fuel in April, marking a major milestone for Africa’s biggest refinery amid disruptions in global energy trade triggered by tensions in the Middle...

May 29 (THEWILL) — The Government of Cambodia has firmly dismissed widespread reports alleging that African nationals were ordered to leave the country by May 31, 2026, insisting that no such immigration directive exists and describing the circulating notice...

May 29 (THEWILL) — President Bola Tinubu on Friday declared that “no modern economy can grow in darkness,” as he pledged a renewed drive to stabilise Nigeria’s electricity supply and accelerate industrial revival through deepening power sector reforms, expanded...

May 29 (THEWILL) — Rosaline Ogunro has been inaugurated as Mayor of the London Borough of Islington for the 2026/27 civic year, completing the statutory mayor-making process at the borough’s Annual Council meeting and marking a historic rise from...

May 29 (THEWILL) — My fellow compatriots, Three years ago, you entrusted me with the sacred responsibility of leading our beloved nation at a defining moment in our history. I accepted that responsibility, fully aware of the magnitude of the...