News

ASUU Warns of Fresh Strike Over Delayed Implementation of 2025 Agreement

May 12, (THEWILL) — The Academic Staff Union of Universities (ASUU) has raised concerns over what it described as the slow and distorted implementation of the 2025 agreement reached with the Federal Government, warning that Nigeria’s public university system...

FG Seeks Fresh $1.25bn World Bank Loan to Drive Growth, Jobs

May 12, (THEWILL) — The Federal Government is in talks with the World Bank over a fresh $1.25 billion loan facility aimed at boosting access to finance, digital services, electricity, and supporting reforms in tax administration, trade, and...

Adeleke Deposes Ipetumodu King After Conviction In US Fraud Case

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May 11, (THEWILL) — Governor Ademola Adeleke of Osun State has deposed the Apetumodu of Ipetumodu, Oba Joseph Oloyede, following his conviction and imprisonment for fraud in the United States. The decision was announced on Monday in a statement issued...

Equities Rally As NGX Market Cap Crosses ₦160trn On Broad Buying Interest

May 11, (THEWILL) — The Nigerian equities market began the week on a strong note on Monday as sustained buying interest across several stocks pushed key indicators higher, lifting the market capitalisation above the ₦160 trillion mark. At the close...

2027 Eligibility: Court Orders Service On INEC And AGF In Suit To Bar Goodluck Jonathan

May 11, (THEWILL) — A fresh twist emerged on Monday in the suit seeking to stop former President Goodluck Jonathan from contesting the 2027 presidential election after the Federal High Court in Abuja ordered that fresh hearing notices be...

Abbey Mortgage Eyes ₦164.5bn Capital Raise To Drive Expansion, Restructuring

May 11, (THEWILL) — Abbey Mortgage Bank Plc is seeking shareholders’ approval to raise ₦164.5 billion through a combination of equity and debt issuances as part of plans to strengthen its capital base, expand operations, and support long-term growth. The...

₦31.07bn Fraud: Court Revokes Ex-Power Minister Saleh Mamman’s Bail, Orders Arrest

May 11, (THEWILL) — Justice Maryann Anineh of the Federal Capital Territory High Court, Maitama, Abuja, on Monday, revoked the bail earlier granted to former Minister of Power, Saleh Mamman, and issued a bench warrant for his arrest following...

CBN, FRACE Deepen Governance Framework For Non-Interest Financial Institutions

May 11, (THEWILL) — The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening Shariah governance, regulatory clarity, and risk management in the non-interest financial services industry as part of efforts to sustain public confidence, financial stability,...

CBN Reshuffles DG’s Portfolios: Yuguda Heads Financial Stability As Usoro Returns To Operations

May 11, (THEWILL) — The Central Bank of Nigeria (CBN) has carried out a major reshuffle of its deputy governors’ portfolios as the apex bank intensifies efforts to strengthen monetary policy coordination, banking sector oversight and institutional governance. The reshuffle...

FCMB Asset Management Rebrands Four Mutual Funds, Lowers Investment Thresholds

May 11, (THEWILL) — FCMB Asset Management Limited (FCMBAM), the asset management subsidiary of FCMB Group Plc, has secured approval from the Securities and Exchange Commission (SEC) to rebrand four of its mutual funds and revise minimum subscription...
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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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