CBN

Fare Profiteering: NANTA Seeks FCCPC Intervention

Solutions to fare profiteering by foreign airlines operating in Nigeria assumed a different dimension weeks after the International Air Transport Association ( IATA) brokered intervention over the vexing issues tabled by National Association of Nigeria Travel Agencies (NANTA) clearly...

HoldCo Chief Executives Not Affected By New Tenure Guideline – CBN

February 26, THEWILL) - Chief Executive Officers of Holding Companies (HoldCos) are not affected by the new tenure guidelines announced by the Central Bank of Nigeria (CBN) on Friday, the regulator said on Sunday in reaction to a report...

UPDATED: New CBN Guidelines Retire Top Bank Executives

February 25, (THEWILL) - New guidelines issued by the Central Bank of Nigeria (CBN) on the tenure of Executive Management and Non-Executive Directors of banks and financial institutions have sent some top bank executives on immediate retirement. The guidelines, contained...

Naira Redesign: Security Agencies To Determine Action On Alleged Treasonable Comments – Malami

February 23, (THEWILL) - Attorney General of the Federation and Minister of Justice, Abubakar Malami, on Thursday, said the fate of individuals including state governors being investigated for alleged treasonable utterances over the naira redesign will be determined by...

UPDATED: Fake News: CBN Debunks Presidential Orders To Reissue Old Naira Notes

February 21, (THEWILL) - The Central Bank of Nigeria (CBN) has refuted reports that it received presidential orders to reissue the old N200, N500 and N1000 naira notes. The rebuttal followed a viral fake press release purportedly from the...

Currency Swap: APC Urges Malami, CBN To Respect Supreme Court Order

February 20, (THEWILL) - The All Progressives Congress (APC) has urged the Attorney General of the Federation, Abubakar Malami (SAN) and the Central Bank of Nigeria (CBN), to respect the subsisting Supreme Court order of interim injunction on currency...

Banks: Customers Forever at Their Mercy

Doctors are there at our bedside when we are born. We look up to them when we fall sick. They are at our death bed when we expire, thus making them an integral part of our existence. In between...

Inflation And Poverty in Nigeria

Inflation in Nigeria The inflation rate for consumer prices in Nigeria moved over the past 62 years between -3.7 per cent and 72.8 per cent. During the observation period from 1960 to 2022, the average inflation rate was 16.1 per...

Naira Crisis: Huge Boost to Financial Inclusion as Nigerians Besiege e-Payment Channels

Many Nigerians, including business entities, are increasingly embracing the use of electronic payment platforms amid cash-in-hand challenges in the implementation of the currency re-design policy of the Federal Government. As commercial banks run out of cash and Automated Teller Machines...

Accountant In ICPC Net Over New Naira Notes Racketeering

February 17, (THEWILL) - The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested an accountant of Oando Filling Station, Dutse Alhaji, in Abuja, over alleged racketeering of the new Naira notes. This latest arrest followed the continued...
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Isak Scores Sixth Premier League Goal of Season as Liverpool Beat Brighton

Alexander Isak scored his sixth Premier League goal of the season to lead Liverpool to a 2-0 win over Brighton at Anfield on Sunday.
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