Central Bank of Nigeria

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Banks’ USSD Debt Hits N80bn ― ALTON

THEWILL -
September 29, (THEWILL) – The Association of Licenced Telecommunications Operators of Nigeria (ALTON), has said that banks’ Unstructured Supplementary Service Data (USSD) debt has increased to N80 billion from N42 billion reported in 2021. The President of ALTON, Gbenga Adebayo, disclosed...
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Bill To Whittle Powers Of CBN Gov Scales Second Reading At Senate

Musa Diso, THEWILL -
September 27, (THEWILL) – A bill to whittle down powers of the Central Bank of Nigeria (CBN) Governor, on Tuesday, scaled second reading in the Senate. The bill was sponsored by the lawmaker representing Kwara North Senatorial District, Senator Sadiq...
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CBN Raises Interest Rate To 15.5%

THEWILL -
September 27, (THEWILL) – The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), also known as the interest rate, from 14% to 15.5%, as a way of tackling inflation. This was disclosed on Tuesday, by the...
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NewsFelix Ifijeh, THEWILL -

Ikire Killings: Police, Residents Trade Blame As Two Die, Officers Injured In Osun

The violence erupted on Monday at the Naira and Kobo area of Ikire, Irewole Local Government Area, along the Ibadan-Ife Expressway, amid an alleged struggle for control of the motor park. While the Osun State Police Command described the incident as an armed attack on its patrol team by suspected political thugs, residents and political actors in the community have accused the police, particularly the Divisional Police Officer (DPO), of involvement in the shooting.
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