News

Bullish Momentum Persists As Market Capitalisation Climbs To ₦155.994trn

April 30, (THEWILL) — The Nigerian equities market extended its bullish run on Thursday, as sustained buying interest lifted key indicators. Market capitalisation opened the session at ₦152.728 trillion and rose significantly to close at ₦155.994 trillion, reflecting renewed...

Tinubu Appoints Lanre Babalola As Special Adviser On Power

April 30, (THEWILL) — President Bola Tinubu has appointed former Minister of Power, Mr Rilwan Lanre Babalola, as his Special Adviser on Power and Chairman of the Presidential Taskforce on Power Sector Reset and Restoration, in a move to...

NASU, SSANU Declare Nationwide Indefinite Strike

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April 30, (THEWILL) — The Joint Action Committee (JAC) of the Non-Academic Staff Union of Educational and Associated Institutions (NASU) and the Senior Staff Association of Nigerian Universities (SSANU) has declared an indefinite nationwide strike across universities and inter-university...

Champion Breweries Blames Q1 Profit Dip on Acquisition Costs, Eyes Strong Full-Year Growth

April 30, (THEWILL) — Champion Breweries Plc has explained its weaker first-quarter 2026 profit, attributing the decline to higher financing costs tied to its recent acquisition of the Bullet brand, while expressing confidence in a stronger performance for the...

MTN Nigeria’s Q1 Profit Jumps 170 Percent As Revenue Surge And Cost Discipline Boost Performance

April 30, (THEWILL) — MTN Nigeria has posted a strong start to 2026, reporting an unaudited pre-tax profit of ₦546.42 billion for the first quarter ended March 31, up 169.64 percent year-on-year. This marks the company’s second-highest quarterly profit...

BREAKING: Tinubu Nominates Ex-KPMG Executive Joseph Tegbe As Power Minister

April 30, (THEWILL) — President Bola Tinubu has nominated former KPMG Africa executive, Joseph Olasunkanmi Tegbe, as the new Minister of Power, subject to confirmation by the Senate. A statement signed on Thursday by the Special Adviser to the President...

Jos Killings: Court Adjourns Trial, Orders Continued Detention of Four Terror Suspects in DSS Custody

April 30, (THEWILL) — A Plateau State High Court sitting in Jos has adjourned proceedings in the trial of four suspects linked to the deadly Angwa Rukuba killings in Jos North Local Government Area, while ordering their continued detention...

Supreme Court Upholds Nullification Of PDP Ibadan Convention, Affirms Anyanwu, Ajibade’s Suspension

April 30, (THEWILL) — The Supreme Court, on Thursday, delivered a landmark judgement nullifying the Peoples Democratic Party (PDP) national convention held in Ibadan, Oyo State, on November 15 and 16, 2025, a decision that has further deepened the...

Seplat Energy Posts N52.5bn Q1 Profit, Declares 9-cent Dollar Dividend

April 30, (THEWILL) — Seplat Energy Plc has reported a post-tax profit of N52.5 billion for the first quarter of 2026, marking a 48.4 percent increase from N35.3 billion recorded in the same period of 2025, according to...

AGF Seeks Court Order to Deregister ADC, AA, APP, Accord, ZLP

April 30, (THEWILL) — The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, has backed a suit before the Federal High Court in Abuja seeking an order compelling the Independent National Electoral Commission, Independent National...
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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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