News

Alleged ₦218m Money Laundering: Ex-Port Harcourt Refinery MD Dikko Arraigned, Granted ₦150m Bail

July 8 (THEWILL) — The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned the immediate past Managing Director of the Port Harcourt Refining Company Limited (PHRC), Ahmed Dikko, before the Federal High Court in Abuja over an alleged...

Premium Pension, Trustfund Pensions Propose Merger to Become Nigeria’s Third-Largest PFA

July 8 (THEWILL) — Premium Pension Limited and Trustfund Pensions Limited have proposed a merger that would create Nigeria's third-largest Pension Fund Administrator (PFA), subject to regulatory approvals. The proposed transaction was disclosed in a merger notification published on Tuesday...

It’s Legal Tender – CBN Declares Standard ₦100 Note Valid, Warns Against Rejection

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July 8 (THEWILL) — The Central Bank of Nigeria (CBN) has confirmed that the standard ₦100 banknote remains a valid legal tender in Nigeria. It cautioned individuals, businesses, financial institutions, and other economic agents against rejecting it for transactions, warning...

FG Vows to Dismantle Drug Cartels as NDLEA Seizes ₦1.5tn Worth Of Illicit Drugs, Arrests 29,262 Suspects in 18 Months

July 8 (THEWILL) — The Federal Government has reaffirmed its commitment to dismantling drug trafficking cartels across the country as the National Drug Law Enforcement Agency (NDLEA) disclosed that it seized illicit drugs worth over ₦1.5 trillion and arrested...

Northern Governors Intensify Efforts Against Insecurity, Inaugurate Security Trust Fund Board

July 8 (THEWILL) — The Northern States Governors' Forum (NSGF) has ramped up its efforts to address the escalating security challenges in the region by inaugurating the Board of Trustees for the Northern Nigeria Security Trust Fund (NNSTF). The...

Air Peace Adds Fuel-Efficient Embraer E175 to Growing Fleet, Eyes Stronger Regional Connectivity

July 8 (THEWILL) — West and Central Africa's largest airline, Air Peace, has strengthened its fleet with the arrival of its first brand-new Embraer E175 aircraft, a move expected to enhance operational efficiency, expand regional connectivity, and improve passenger...

Senate Rejects PFIPC Budget Probe, Backs Tinubu’s ICPC Investigation

July 8 (THEWILL) — The Nigerian Senate on Wednesday declined to launch its own investigation into the controversial budgetary allocation to the purported Presidential Foreign Intervention Promotion Council (PFIPC). THEWILL reports that the lawmakers however opted to support...

Court to Rule on PDP Leadership Dispute Friday

July 8 (THEWILL) — The Federal High Court in Abuja has fixed Friday, July 10, to deliver judgment in the suit seeking to determine the authentic leadership of the Peoples Democratic Party (PDP) and compel the Independent National Electoral...

PFIPC: “I Only Spoke To Him Three Times By Phone” — Adeyemi Denies Meeting Gbajabiamila

July 8 (THEWILL) — The self-appointed Director-General of the controversial Presidential Foreign Intervention Promotion Council (PFIPC), Mathew Adeniyi Adeyemi, has denied ever meeting Chief of Staff to the President, Femi Gbajabiamila, face-to-face, insisting that his only contact with the...

Average Annual Rent in Lekki Phase 1 Hits ₦10m as Rental Growth Tops Lagos Island

July 8 (THEWILL) — Average annual rent for a two-bedroom apartment in Lekki Phase 1 has climbed to ₦10 million, making it the fastest-growing residential rental market among Lagos Island's prime neighbourhoods over the past five years. This is according...
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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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