Business

The Central Bank of Nigeria (CBN)’s new policy on over-the-counter cash withdrawal limits as well as withdrawal limits for Automated Teller Machines (ATM) and Point of Sale (POS) terminals has widened the window for tax revenue. The CBN had on...

December 11, (THEWILL) - A cross section of Guaranty Trust Bank Customers have lamented the bank's dwindling quality control system, which has resulted in unnecessary delays in transactions, unexplained debits and non-reversal of transactions, amongst other anomalies in their...

December 11, (THEWILL) - The Lagos State Governor, Babajide Sanwo-Olu, has disbanded the Landed Properties Special Operations Team with immediate effect. This was announced in a statement by the Commissioner for Information and Strategy, Gbenga Omotoso, on Saturday, December...

December 11, (THEWILL) - Following the completion of the acquisition of Sigma Pensions and First Guarantee Pension, by Access Corporation, both companies have now been unveiled as Access Pensions. A statement said Access Pensions is a subsidiary of Access Corporation...

December 10, (THEWILL) - Nigeria’s public debt reached N44.6 trillion in the third quarter of 2022 (Q3 '22), data released by the Debt Management Office (DMO) show. The DMO, in a press statement on its website, said the figure represents...

December 10, (THEWILL) - The National Pension Commission (PenCom) has released a list of 34 mortgage Banks, licenced for the Residential Mortgage scheme for Retirement Savings Account Holders. The mortgage financial institutions approved for the scheme include Abbey Mortgage...

December 09, (THEWILL) – The Court of Appeal, Lagos, has voided the sale of Intercontinental Hotels, Lagos, by Polaris Bank and Asset Management Corporation of Nigeria (AMCON). A unanimous judgement delivered by three Justices of the Appeal Court: Jimi Olukayode...

December 08, (THEWILL) - As commercial banks get set to receive the newly redesigned naira notes by December 15, cash deposits by customers have hit about N1 trillion, Nigeria’s Central Bank Governor, Godwin Emiefele, disclosed on Thursday. Emefiele made this...

December 08, (THEWILL) - In the past few days, Pan African Bank, Ecobank Nigeria, has recorded quite a number of complaints largely due to non-reversal of transactions which in most cases have been debited from the sender but did...

December 08, (THEWILL) – The Central Bank of Nigeria (CBN) has said its eNaira application has so far recorded a total digital transaction valued at about N8 billion, as at the end of October, 2022. Recall that the eNaira...