News

World Bank Approves $1.25bn Loan For Nigeria, Unveils Six-Year Growth Strategy

July 1 (THEWILL) — The World Bank has approved a $1.25 billion Development Policy Financing (DPF) loan for Nigeria as part of a new six-year partnership framework to accelerate private sector-led growth, create jobs, and support key economic reforms. The...

Group Vows To Secure Economic Freedom For Africa, Unlock Youth Potential

July 1 (THEWILL) — A Non-Governmental Organisation, One Youth Global, has vowed to raise leaders, secure economic freedom for Africa, and unlock the potential of youth across the African continent, especially in Nigeria. The organisation, however, decried the rising insecurity...

After 700 Petitions, APC Drops Suswam, Elegbeleye, 23 Other NASS Candidates From INEC List

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July 1 (THEWILL) — The National Working Committee (NWC) of the All Progressives Congress (APC) has dropped former Benue State Governor, Gabriel Suswam, former House of Representatives member, Gbenga Elegbeleye, and 23 other National Assembly candidates from the party's...

Ebonyi Govt Attracted ₦5bn To Mining Communities, Scholarships To Over 100 Students – Onyia

July 1 (THEWILL) — The outgoing Ebonyi State Commissioner for Solid Minerals Development, Mr Chidi Emmanuel Onyia, has revealed that the state secured over ₦5 billion in Community Development Agreement (CDA) projects and compensation packages for mining host communities...

FG Targets ₦2.5trn Independent Revenue In 2026 To Strengthen Public Finances

July 1 (THEWILL) — The Federal Government has set a target of generating ₦2.5 trillion in independent revenue in 2026 as part of efforts to improve fiscal discipline, curb revenue leakages and strengthen non-oil revenue generation. The Acting Executive Chairman...

Lagos Flood: TCN Declares Force Majeure As Flooding Knocks Out Oworonshoki, Lekki Transmission Substations

July 1 (THEWILL) — The Transmission Company of Nigeria (TCN) has declared force majeure on the Oworonshoki 132/33kV and Lekki 330/132kV transmission substations following severe flooding caused by persistent rainfall in Lagos, warning that the development could disrupt electricity...

World Bank To End Lending To China By 2031 As Partnership Enters New Phase

July 1 (THEWILL) — The World Bank will gradually phase out lending to China by 2031, marking a significant shift in its relationship with the world's second-largest economy as Beijing's economic development reduces its need for financial support. According to...

Gov Yusuf Identifies Unemployment, Insecurity, Poor Infrastructure As Major Challenges To Rural Development

July 1 (THEWILL) — Governor Abba Kabir Yusuf of Kano State has identified unemployment, insecurity, inadequate infrastructure, poor access to quality healthcare and education as major challenges to rural development in the state. Yusuf also listed climate-related challenges, inadequate water...

NTDA Backs Ekinrin-Adde Festival, Eyes National Tourism Calendar

July 1 (THEWILL) — The Nigerian Tourism Development Authority (NTDA) has reaffirmed its commitment to using community-driven tourism as a catalyst for economic diversification, pledging support for the promotion of the annual Omo Atata and Ekinrin-Adde Festival in Kogi...

Air Peace Completes Second South Africa Evacuation, Brings Home 271 Nigerians

June 30 (THEWILL) — Air Peace has completed its second humanitarian evacuation mission from South Africa, airlifting 271 stranded Nigerians back to Lagos as part of the Federal Government's emergency response to rising anti-immigrant tensions and fears of xenophobic...
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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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