September 27, (THEWILL) – As predicted by many analysts, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has, for the third time in five months, increased the official interest rate by an aggregate of 450...
September 26, (THEWILL) – The Nigerian Shippers’ Council (NSC) has advocated for increased partnership from operators in the maritime industry.
This is for them to take advantage of the various port enhancement initiatives to promote regional maritime services, export and...
September 26, (THEWILL) – Sterling Bank Plc will take a new name after receiving shareholders’ approval to convert from a core banking business to a holding company, its board said on Monday, setting it up for the opportunity to...
The half year performance of Access Holdings Plc indicates that the top-ranked financial services institution is headed to cross a historic N15 trillion assets mark at the end of 2022. Presently, Access Bank is the largest deposit money bank...
September 22, (THEWILL) – First Bank of Nigeria has announced that its naira cards will no longer be used for international transactions starting September 30.
The bank said the decision is due to current market realities on foreign exchange.
Before now,...
September 21, (THEWILL) – Access Holdings Plc has obtained the go-ahead from the Central Bank of Nigeria (CBN) to set up a payments unit, the lender said Wednesday, the latest phase of its grand plan to diversify away from...
September 20, (THEWILL) – The Tony Elumelu Foundation and the UN Capital Development Fund (UNCDF) today signed an agreement to support youth entrepreneurship in Africa, with a specific focus on historically underinvested areas within African frontier markets.
In bringing together the...
September 20, (THEWILL) – Africa’s Global Bank, United Bank for Africa (UBA) Plc, has said it is driving Nigeria’s non-oil export scheme with speed as a mark of its commitment to the country’s diversification initiative.
The bank has also explained that...
September 20, (THEWILL) – The introduction of the “Race to $200 billion in FX Repatriation” (RT200 FX) by the Central Bank of Nigeria (CBN) has spurred significant improvement in the country’s export remittances, the apex bank has revealed.
The Principal...
September 18, (THEWILL) – The Securities and Exchange Commission (SEC) has reiterated its commitment to developing the commodities ecosystem in Nigeria to boost its non-oil sector.
The Director-General of SEC, Lamido Yuguda, stated this at the 2022 annual conference of the...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.