News

El-Rufai’s Son, Two Other Reps Defect to ADC

May 07, (THEWILL) — Three members of the House of Representatives, including Mohammed Bello El-Rufai, representing Kaduna North Federal Constituency and son of former Kaduna State Governor, Nasir el-Rufai, have announced their exit from their respective political parties to...

Senate Ends Jurisdictional Confusion in Pre-Election Disputes, Passes 2026 Electoral Act Amendment Bill

May 07, (THEWILL) — The Senate on Thursday passed the 2026 Electoral Act Amendment Bill, marking a major legislative intervention aimed at resolving long-standing jurisdictional conflicts in the adjudication of pre-election disputes and strengthening legal certainty in Nigeria’s electoral...

Zero-interest Loans: SheVentures Opens Applications for Women Entrepreneurs

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May 07, (THEWILL) — First City Monument Bank (FCMB), the flagship banking arm of FCMB Group, has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to N10K million to women entrepreneurs to...

Senate Revises New Legislative Standing Orders, Retains Eligibility Rule for Principal Offices

May 07, (THEWILL) — The Senate of the Federal Republic of Nigeria has reversed portions of its recently amended Senate Standing Orders 2026, rescinding key provisions relating to oath-taking procedures and the participation of senators-elect in the election of...

ADC Leadership Dispute Returns To Court As Judge Fixes May 8 For Hearing

May 07, (THEWILL) — The Federal High Court in Abuja has fixed Friday, May 8, 2026, for the hearing of a suit filed by former Deputy National Chairman of the African Democratic Congress (ADC), Nafiu Bala Gombe, challenging the...

After Germany Row, Tinubu Redeploys Fani-Kayode As Envoy To South Africa

May 07, (THEWILL) — President Bola Tinubu has approved the redeployment of former Minister of Aviation, Femi Fani-Kayode, as Nigeria’s Ambassador-Designate to South Africa, following diplomatic adjustments arising from Nigeria’s ongoing ambassadorial postings. The development follows earlier reports that the...

2027: Presidential Race Not Computer Game, Let Me Consult Widely – Jonathan Tells Supporters

May 07, (THEWILL) — Former President, Goodluck Jonathan, on Thursday, told supporters urging him to contest the 2027 presidential election that the race for Nigeria’s highest office was “not a computer game”, adding that he would undertake wide consultations...

Veritas Kapital Posts ₦1.8bn Q1 Profit As Aviation Insurance Drives Revenue Growth

May 07, (THEWILL) — Veritas Kapital Assurance Plc recorded a pretax profit of ₦1.8 billion in the first quarter of 2026, buoyed by strong growth in aviation insurance and improved earnings from core underwriting operations. According to the company’s unaudited...

CBN Raises T-Bills Allotment To ₦731.8bn As Investors Rush One-Year Securities

May 07, (THEWILL) — The Central Bank of Nigeria (CBN) allotted ₦731.75 billion at its Treasury Bills Primary Market Auction conducted on May 6, 2026, amid overwhelming investor demand for long-dated government securities. Auction results obtained by Nairametrics showed that...

Femi Fani-Kayode Replaced By Senator Ita Enang As Nigeria’s Ambassador To Germany

May 07, (THEWILL) — In a significant adjustment to Nigeria’s diplomatic appointments, former Senator representing Akwa Ibom North-East, Ita Solomon Enang, has been moved to replace former Minister of Aviation, Femi Fani-Kayode, as Nigeria’s Ambassador-Designate to Germany, in what...
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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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