Sam Diala, THEWILL

October 26, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has explained the reasons for the sudden policy of redesigning the nation’s currency notes – the N200, N500 and N1,000 with immediate effect. The apex bank...

October 26, (THEWILL) - The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to...

October 25, (THEWILL) - United Bank for Africa (UBA) Plc has announced a surge in gross earnings to N608 billion for its nine months ending September 2022. This is up from N493 billion recorded in September 2021, ...

October 25, (THEWILL) - Nigeria’s Central Bank Digital Currency (CBDC), eNaira, recorded N8 billion in over 700,000 transactions one year after its launch. Thirty-three banks are also fully integrated and live on the platform with about one million...

October 25, (THEWILL) – The Central of Nigeria (CBN) has released the supervisory framework for Payment Service Banks (PSBs) which, among other things, empowered the PSB operators to sell foreign currencies, especially dollars, to authorised foreign exchange dealers. The CBN...

Nigeria’s South-West region pooled the largest tax revenue of N516.6 billion in 2021 representing 46.7 percent of the aggregate N1,017 trillion by the entire six regions. The figure is also higher than those of the South-East, North-East, North-Central...

October 18, (THEWILL) - Price of cooking gas is set to rise further following the ravaging flood in the oil and gas producing areas of the country. Consequently, the Nigeria Liquefied and Natural Gas (NLNG) has declared force majeure as...

October 17, (THEWILL) - The former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido, wants the Nigerian National Petroleum Company Limited (NNPC) scrapped, describing it as ‘Money Pit’. He made the call to support the view of the...

October 17, (THEWILL) - The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, the Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba and other experts from the global international markets will lead the discussions...

October 17, (THEWILL) - Fidelity Bank plc has announced the redemption of the $4 million Eurobond Notes due October 17, 2022. It would be recalled that the bank, on October 17, 2017, successfully issued a US$400 million 5-year Eurobond. The transaction...