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Opinion

OPINION: Why Were Heads of CBN, INEC Under Siege From Security Agencies?

THEWILL -
There is currently a limit to the amount of cash that individuals and corporate bodies can withdraw from their bank accounts across the counter in Nigeria. But there is no limit to the absurdities that can happen in the...
Headline

Naira Redesign: CBN Launches Cash Swap Scheme For Rural Communities

Aina Ojonugwa, THEWILL -
January 21, (THEWILL) - The Central Bank of Nigeria (CBN) has announced the launch of a Cash Swap Programme for rural and underserved areas, which takes effect from Monday, January 23, 2023. The apex bank announced this in a circular issued...
News

New Naira Notes: CBN Visits Banks In Yenagoa To Ascertain Dispensation

David Owei, THEWILL -
January 19, (THEWILL) - Officials of the Central Bank of Nigeria are visiting commercial banks in Bayelsa State to assess the level of compliance with the CBN’s directive on the issuance of the new Naira notes to customers. While most...
News

CBN Threatens To Sanction Banks Dispensing Old Notes

Aina Ojonugwa, THEWILL -
January 19, (THEWILL) - Ahead of the January 31 deadline by the Central Bank of Nigeria (CBN) to phase out old naira notes, the apex bank has threatened to sanction banks that continue to fill their Automated Teller Machines...
Opinion

OPINION: Why Were Heads Of CBN And INEC Under Siege From Security Agencies?

THEWILL. -
January 18, (THEWILL) - There is currently a limit to the amount of cash that individuals and corporate bodies can withdraw from their bank accounts across the counter in Nigeria. But there is no limit to the absurdities that can...
News

NOA Sensitises Heads Of Federal Establishments on New Naira Notes in Akwa Ibom

Udeme Utip, THEWILL -
January 17, (THEWILL) - The National Orientation Agency (NOA) has commenced sensitisation of Heads of Federal Establishments in Akwa Ibom, on security features on the redesigned naira notes by the Central Bank of Nigeria (CBN). The CBN on Dec....
Headline

CBN Governor Emefiele Resumes Duty After Annual Leave 

Musa Diso, THEWILL -
January 16, (THEWILL) - Central Bank Governor, Godwin Emefiele, has returned to Nigeria from his annual leave vacation abroad. The apex bank in a statement issued by its  Director, Corporate Communications, Osita Nwanisobi, said Emiefiele resumed his duty as Governor...
Business

Mixed Reactions Trail Cash Withdrawal Limit in Lagos

Sam Diala, THEWILL -
January 10, (THEWILL) - The cash withdrawal limit imposed by the Central Bank of Nigeria (CBN) kicked off across the country yesterday, Monday, January 9, 2022, with Lagos residents expressing mixed reactions. The apex bank had notified the public of...
Headline

Call For Arrest, Visa Ban: CSOs Recant, Apologise To Emefiele

Aina Ojonugwa, THEWILL -
January 10, (THEWILL) – A coalition of Civil Society Organisations (CSOs) has recanted on its call for a visa ban and arrest of Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN). The groups had earlier demanded that...
Headline

CBN Bans Over-The-Counter Withdrawal Of New Naira Notes

Aina Ojonugwa, THEWILL -
January 07, (THEWILL) - The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs), to stop issuance of the new Naira notes to customers making over-the-counter withdrawals. According to Saturday Punch, the directive was contained in a...
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Latest News

HeadlineFelix Ifijeh, THEWILL -

Atiku’s Subsidy Plan Sparks Fresh Confusion As Aides Issue Conflicting Positions

The disagreement erupted after Paul Ibe, one of Atiku’s media aides, said the former Vice President would temporarily restore petrol subsidy if elected, and subsequently phase it out after giving the economy time to recover. However, another aide, Phrank Shaibu, swiftly rejected that interpretation, describing it as “an unauthorised, imprecise and materially misleading characterisation” of Atiku’s position.
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