Business

February 16, (THEWILL) - The Central Bank of Nigeria (CBN) has created a portal for bank customers to deposit their old naira notes amid scarcity of new naira notes. In a notice posted on its website titled ‘Redemption of Currency’,...

February 15, (THEWILL) - Fidelity Bank Plc has announced the appointment of Pamela Shodipo, as Executive Director of the south directorate after regulatory approval by the Central Bank of Nigeria (CBN). “We are pleased to have Pamela Shodipo join...

February 15, (THEWILL) - A survey conducted by this newspaper between February 10 and 14, 2023 revealed that more residents of Lagos, Nigeria’s commercial capital, have embraced alternative payment platforms as the scarcity of Naira notes bite harder. ...

February 14, (THEWILL) - The West Africa Regional Director for Ford Foundation, Dr. ChiChi Aniagolu-Okoye has called for a people-centered approach in dealing with security and trade issues on the African continent. “Regional entities must use a...

At the normative level, there is negative correlation between an increase in the nominal anchor, popularly called the Monetary Policy Rate (MPR) and equity prices in the stock market. When there is an increase in the MPR, speculators hit...

Directors of banks, under the auspices of the Bank Directors Association of Nigeria (BDAN) said, it working to free up the bottlenecks that led to the unavailability of Naira notes in the country, while empathising with bank customers who...

The Independent Petroleum Marketers at the tank farm in the Ijegun Egba Satelite area of Lagos have started selling petrol at N172 per litre. This was part of the Federal Government’s directive at tackling the nation’s petrol shortage with independent...

A total turnover of 944.293 million shares worth N22.710 billion in 18,615 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 3.789 billion shares valued at N27.500 billion that...

The Debt Management Office (DMO) has listed four bonds valued at N360 billion for auction. Announcing the bond auction on behalf of the Federal Government, the DMO listed the first offer as a February 2028 FGN bond, valued at N90...

The United Bank for Africa (UBA) ranked among the top leading brands in 2022, according to a survey published by a media research outfit, Plexus Media. Brands in Nigeria experienced a lot of challenges in the survey year amid a...