News

EFCC Secures Interim Forfeiture of Nine Abuja Properties Linked to Timipre Sylva

May 06, (THEWILL) — The Federal High Court in Abuja has granted an interim forfeiture order on nine high-value properties allegedly linked to former Minister of State for Petroleum Resources, Timipre Sylva, following an application by the Economic and...

Nigeria Police Arrest, Repatriate Chinese Fraud Suspect In $245m Ponzi Scheme

May 06, (THEWILL) — The Nigeria Police Force, through the INTERPOL National Central Bureau (NCB), Abuja, has arrested and repatriated a Chinese fugitive, Xu Qing, to the People’s Republic of China over his alleged involvement in a large-scale Ponzi...

Senate Minority Whip Nwoye Quits ADC, Joins NDC

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May 06, (THEWILL) — The Minority Whip of the Senate, Senator Tony Nwoye, has announced his resignation from the African Democratic Congress (ADC) and his defection to the Nigeria Democratic Congress (NDC). The development was made known during plenary on Wednesday,...

Akpabio Issues Stern Warning To Oshiomhole Amid Heated Senate Exchanges

May 06, (THEWILL) — Senate President Godswill Akpabio, on Wednesday, issued a stern warning to Senator Adams Oshiomhole, cautioning that continued disruptions of plenary proceedings could attract disciplinary action, including possible removal from the chamber. THEWILL reports that the warning...

FSDH Urges Deeper Long-Term Capital Flows To Sustain Nigeria’s Equities Rally

May 06, (THEWILL) — Financial services group FSDH Merchant Bank has called for stronger mobilisation of long-term capital to maintain momentum in Nigeria’s equities market, urging banks and other financial institutions to take a more proactive role. Speaking at the firm’s...

PDP Crisis: Wike Threatens Sanctions On Turaki Group, Banks, Accuses Fubara Of Neglecting Governance For Re-Election Bid

May 06, (THEWILL) — The Minister of the Federal Capital Territory, Nyesom Wike, on Wednesday, escalated tensions within the Peoples Democratic Party (PDP), issuing stern warnings against the Tanimu Turaki-led caretaker National Working Committee, while also accusing Rivers State...

Court Halts NBC Crackdown On Broadcasters, Freezes Disputed Code Provisions

May 06, (THEWILL) — A Federal High Court in Lagos has restrained the National Broadcasting Commission (NBC) from sanctioning, fining or taking punitive action against broadcast stations and presenters over alleged expression of personal opinions, perceived lack of neutrality,...

FG Introduces Strict Rules On Honorary Degrees, Prohibits ‘Dr’ Title Usage By Recipients

May 06, (THEWILL) — The Federal Government, on Wednesday, announced a comprehensive reform of the award and use of honorary degrees in Nigeria, introducing strict new regulations that prohibit recipients of such awards from using the “Dr” prefix in...

FTAN Advises Members To Withhold Participation In NIHOTOUR Certification Exercise Amid Ongoing Concerns

May 06, (THEWILL) — The Federation of Tourism Associations of Nigeria (FTAN) has advised its member associations not to participate in the ongoing Competency-Based Interview (CBI) and registration exercise being conducted by the National Institute for Hospitality and Tourism...

Union Bank Wins ASBON SME Award As Banks Pivot To SME-Led Growth

May 06, (THEWILL) — Union Bank of Nigeria Plc has been named winner of the Best SME Growth Banking Initiatives Award (2025) at the Nigeria National SME Business Awards organised by the Association of Small Business Owners of Nigeria...
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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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