Sam Diala, THEWILL

We Are Well-Positioned to Meet Africa’s Banking Needs – UBA CEO

September 15, (THEWILL) – The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, has said that the bank’s consistent investment in strengthening its digital channels have been paying off as UBA is well-positioned to...

Ecobank Group Appoints New CEO as Nigeria’s Ade Ayeyemi Retires

September 12, (THEWILL) – Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, on Monday announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with...

Financial Inclusion: Globacom’s Payment Service Bank Seen Boosting MSME Ecosystem

Nigeria stands a better chance of actualising its 2024 financial inclusion target and boosting the micro, small and medium enterprises (MSMEs) ecosystem, as Globacom’s Money Master joins the emerging league of payment service bank (PSB) providers in days ahead. In...

Banks’ Borrowings from CBN Hit N737.05bn in May 2022

September 08, (THEWILL) – Nigerian banks’ borrowings from the Central Bank of Nigeria (CBN’s) Standing Lending Facility (SLF) increased to N737.05 billion in May 2022 from N612.43 billion in the previous month, according to the CBN latest monthly economic...

Anchor Borrowers Programme: CBN Moves Against Loan Defaulters

September 08, (THEWILL) – Indications have emerged that the Central Bank of Nigeria (CBN) has begun moves against beneficiaries of its Anchor Borrowers Programme (ABP) who have defaulted in their loan repayments. This development follows the action by NIRSAL Microfinance...

CBN, NEXIM, Others Reiterate Commitment to Improved Export Earnings

September 06, (THEWILL) - The Central Bank of Nigeria (CBN), the Nigeria Export-Import (NEXIM) Bank, the Nigeria Sovereign Investment Authority (NSIA), and Heritage Bank PLC, among others, have reiterated their commitment toward improved local productive activities that will boost...

Q2 GDP: DBN’s Support Holds Prospects For SMEs in Real Sector Growth

The financing and capacity building support offered by the Development Bank of Nigeria (DBN) to small and medium enterprises (SMEs) will enable the operators to step up their activities in the real sector value-chain. This is more significant in...

Treasury Bills: CBN Auctions N446.15bn At Higher Cost In August 2022

September 02, (THEWILL) - In the month of August 2022, the Central Bank of Nigeria (CBN) sold a total of N446.15bn in Treasury bill auctions. This was 9.47% higher than the N407.55bn allotted in June. Specifically, for the 91-day tenor,...

Nigeria’s Investment Inflow Fell By 2.4% in Q2 2022 – NBS

September 01, (THEWILL) - The total value of capital importation into Nigeria in the second quarter of the year fell to $1.53 billion from $1.57 billion in the preceding quarter, the National Bureau of Statistics said on Wednesday. The NBS in...

First Bank Completes Acquisition Of Access Bank’s Pension Business

September 01, (THEWILL) - First Pension Custodian Nigeria Limited, the subsidiary of First Bank of Nigeria, has fully taken over possession of Access Pension Fund Custodian Limited, the pension subsidiary of Access Bank. In a statement released by Access Holdings, the...

About Me

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.
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