News

July 9 (THEWILL) — Nigeria’s capital market has received a fresh vote of confidence after S&P Dow Jones Indices (S&P DJI) placed the country on its 2027 Country Classification Watchlist for a possible reclassification from a Standalone Market to...

July 9 (THEWILL) — The Federal Government has projected that Nigeria's gas demand will surpass supply by 2030. It warned that the country could face a daily supply deficit of approximately 3 billion cubic feet (bcf) unless investments in gas...

July 9 (THEWILL) — On Wednesday, the Nigerian Senate intensified its efforts to combat the country’s expanding counterfeit drugs market by passing a bill for a second reading that proposes stringent penalties for offenders. This includes a potential 15-year...

July 9 (THEWILL) — ExxonMobil and its partners have committed $1 billion to the Usan Infill Project in Nigeria's offshore oil sector, with the investment expected to increase the country's crude oil production by about 40,000 barrels per day. The...

July 9 (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it is ending the practice of financing the Port Harcourt and Warri refineries with crude-backed loans, as it shifts to a commercial funding model aimed at...

July 9 (THEWILL) — Climate-related risks could increasingly weigh on the financial health of Nigerian banks over the coming decades, with rising exposure to vulnerable sectors likely to weaken credit quality and increase loan losses, according to Fitch Ratings. In...

July 9 (THEWILL) — Benue State Governor, Rev. Father Hyacinth Alia, asserted that President Bola Tinubu's courage and political will regarding economic reforms are effectively repositioning Nigeria's economy for long-term sustainability. The governor made this statement on Wednesday during a...

July 9 (THEWILL) — Explosions rocked several cities across southern Iran on Wednesday night, including the strategic Abu Musa Island in the Strait of Hormuz, as the United States launched another round of airstrikes against Iranian military targets. Iran's state...

July 8 (THEWILL) — Operatives of the Akwa Ibom Police Command have arrested a 36-year-old suspected vehicle thief and recovered a stolen mini bus in an intelligence-led operation, thwarting an alleged attempt to dispose of the vehicle. The Command's spokesperson,...

July 8 (THEWILL) — Israel has barred Arab League Secretary-General, Nabil Fahmy, from entering the occupied West Bank, preventing the regional bloc's new leader from making what was expected to be his first official foreign visit to the Palestinian...