Sam Diala, THEWILL

May 09, (THEWILL) – To improve forex liquidity, the Central Bank of Nigeria (CBN) has authorised foreign banks’ representatives in Nigeria to lend in dollars. To actualise this, the apex bank authorised the banks to work with their...

May 09, (THEWILL) – Nigerian businessman Femi Otedola has allegedly accused the chairman of Transnational Corporation of Nigeria (Transcorp), Tony Elumelu, of backstabbing him repeatedly at his most vulnerable moments in business. Mr Otedola reportedly made the revelation in...

May 09, (THEWILL) – The Nigerian Safety Investigation Bureau (NSIB) has commenced investigation into a serious incident involving a B737-400 with Nationality and Registration Marks 5N-MBD operated by Max Air, which occurred around 14:57 (Local Time) on May...

May 08, (THEWILL) – FMDQ Securities Exchange Limited has announced the approval for the quotation of the Greenwich Merchant Bank Limited ₦12.20 billion Series 1 and Series 2 Commercial Papers (“CPs”) under its ₦100.00 billion CP Issuance Programme on...

May 07, (THEWILL) - A Max Air aircraft from Yola, Adamawa, crash-landed after the tyre reportedly burst into flames at the Nnamdi Azikiwe International Airport, Abuja. The aircraft had arrived from Yola, Adamawa State when the incident happened. The Aerodrome Rescue...

Nigeria’s deposit money banks and other financial institutions, together with the Federation Accounts Allocation Committee (FAAC), raked in N135.56 trillion from electronic payment transactions in the first quarter (Q1) of 2023 as the Central Bank of Nigeria (CBN) intensifies...

May 05, (THEWILL) - Like the upper legislative chamber, the Senate, the House of Representatives on Thursday approved the request by President Muhammadu Buhari to restructure the N22.71 trillion Ways and Means advances the Central Bank of Nigeria (CBN)...

May 03, (THEWILL) – Shareholders of Zenith Bank Plc approved the N100.47 dividend proposed by the Board at the Bank’s 32nd Annual General Meeting (AGM) held virtually from the Civic Centre, Victoria Island, Lagos, Tuesday. The shareholders unanimously approved the...

May 03, (THEWILL) – The Central Bank of Nigeria (CBN) says it is tackling threats to payment system in order to advance the cashless policy and deepen financial inclusion. The Governor, CBN, Mr Godwin Emefiele, disclosed this in his...

May 02, (THEWILL) - Enrolment in the Bank Verification Number (BVN) system rose to 57.43 million as of March 31, 2023. The scheme has also contributed in fighting fraud and crime in the financial services industry. This disclosure was made...