News

NGX Extends Rally As Market Capitalisation Jumps ₦5.55trn On Broad Buying Interest

April 29, (THEWILL) — Trading on the Nigerian equities market closed strongly bullish on Wednesday, as sustained demand across key sectors pushed market indicators sharply higher on the Nigerian Exchange (NGX). Market capitalisation rose significantly by ₦5.55 trillion, moving from...

Tinubu’s Abuja Land Gift To Envoys Sparks Fresh Debate Over Elite Privilege

April 29, (THEWILL) — President Bola Tinubu’s approval of plots of land in Abuja for Nigerian ambassadors and high commissioners-designate has triggered widespread debate over government priorities, with critics questioning the propriety of extending prime public assets to top...

Tinubu Moves To Reconstitute NHRC Board, Nominates Salamatu Suleiman, Ojukwu, 13 Others

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April 29, (THEWILL) — President Bola Tinubu has formally asked the Senate to confirm 15 nominees for appointment to the board and leadership of the National Human Rights Commission (NHRC), in a major move to reconstitute the country’s foremost...

Senate Approves Tinubu’s $516m Deutsche Bank Loan For Sokoto–Badagry Superhighway

April 29, (THEWILL) — The Senate, on Wednesday, approved President Bola Tinubu’s request to obtain a $516 million syndicated loan facility from Deutsche Bank AG for the construction of critical sections of the proposed Sokoto–Badagry Superhighway. THEWILL reports that the...

GTCO Posts ₦303bn Q1 Profit As Interest Income Growth Offsets Rising Costs

April 29, (THEWILL) — Guaranty Trust Holding Company Plc (GTCO) has reported a profit before tax of ₦302.9 billion for the first quarter ended March 31, 2026, reflecting modest growth supported by strong interest income and resilient core operations. The...

Benue Monarch Warns Residents Of Complicity, Decries High Trafficking Rates In Community

April 29, (THEWILL) — The paramount ruler of Vandeikya, Ter Kunav, His Royal Highness, Chief Nyinongu Achiaku, has warned his subjects to desist from the act of human trafficking in the land. Chief Achiaku, who sounded the warning while delivering...

MTN Nigeria Plans N152bn Fintech Stake Sale to Parent Company, Retains 40 Percent Holding

April 29, (THEWILL) — MTN Nigeria Communications Plc has unveiled plans to sell a 60 percent stake in its fintech subsidiaries MoMo Payment Service Bank and Y’ello Digital Financial Services to MTN Group in a N152.06 billion deal, as...

Custodian Investment Posts N21.4bn Q1 Profit, Surges Past Forecast on Strong Investment Gains

April 29, (THEWILL) — Custodian Investment Plc has reported a strong start to 2026, posting a profit before tax of N21.42 billion for the first quarter well above its forecast of N13.5 billion. The result represents a 73.7...

Police Commission Condemns Extrajudicial Killing of Delta Youth

April 29, (THEWILL) — The Police Service Commission has strongly condemned the alleged extrajudicial killing of 28-year-old Oghenemine Ogidi by police officers attached to the Effurun Area Command in Delta State, describing the incident as a grave violation...

ADC Crisis Deepens as Court Bars INEC From Recognising Mark-Led Congresses

April 29, (THEWILL) — The leadership crisis rocking the African Democratic Congress (ADC) deepened on Wednesday after the Federal High Court in Abuja barred the Independent National Electoral Commission (INEC) from recognising or participating in any congress organised...
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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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