Sam Diala, THEWILL

BEVERLY HILLS, January 17, (THEWILL) - The exchange rate platform recently introduced by the Association of Bureau De Change Operators of Nigeria (ABCON) aims to counter the negative impact of speculative rates published by popular online platform, Aboki Forex (Aboki.fx),...

BEVERLY HILL, January 15, (THEWILL) - Nigeria’s inflation rate rose to 15.75 per cent in December 2020, hitting the highest level in 32 months, according to data by the National Bureau of Statistics released Friday. This is 0.86 per cent...

BEVERLY HILL, January 14, (THEWILL) - In pursuit of financial service innovations within the digital space of its mandate, the Central Bank of Nigeria (CBN) has unveiled frameworks for implementing two policy initiatives meant to achieve this objective. In two related...

SAN FRANCISCO, January 10, (THEWILL) - Nigeria’s deposit money banks (DMBs) must brace up for the challenge of 2021 that might tax their resolve to remain in business. Reason: the industry is faced with a tougher operating environment that could...

SAN FRANCISCO, January 10, (THEWILL) - Commercial vehicles topped the list of categories of transport vehicles involved in road crashes across Nigeria in the third quarter of 2020 (Q3 ’20), the National Bureau of Statistics (NBS) reports. The NBS said...

BEVERLY HILLS, January 05, (THEWILL) - The confusion that emerged on the first trading day of the year (Monday, January 4) over the adjusted rate of the Naira added another dimension Tuesday when the local currency witnessed further rate...

SAN FRANCISCO, January 04, (THEWILL) - The recent disclosure by the Nigerian Government that it achieved over 90 per cent budget performance for 2020, has triggered divergent reactions from economists and finance experts. The Director-General, Budget Office of the Federation,...

SAN FRANCISCO, January 01, (THEWILL) - There are indications that the Central Bank of Nigeria (CBN) may have effected an adjustment in the foreign exchange rate that officially devalues the Naira at the Nigeria Autonomous Foreign Exchange (NAFEX) window...

BEVERLY HILLS, December 30, (THEWILL) - Investment analysts and financial market experts have adduced factors underlying the oversubscription of the December 2020 FGN N60 billion bond – when investors are exiting the fixed income market for equity. The Federal Government of...

BEVERLY HILLS, December 23, (THEWILL) - Nigeria’s deposit money banks (DMBs) have been notifying their customers about the December 31 deadline to phase out the existing stock of cheque books. This is sequel to the new cheque design introduced by...