Central Bank of Nigeria

Senate Resumes, Screens Acting CBN Governor Cardoso, Four Deputies

September 26, (THEWILL) - The Senate will resume from its annual recess on Tuesday, September 26, 2023, to continue the first legislative year of the 10th Assembly Expectedly, the Red Chamber will this Tuesday, September 26, 2023, screen Yemi Cardoso,...

CBN Postpones Sept 2023 MPC Meeting Amid Rates Hike Speculations

September 24, (THEWILL) - The Central Bank of Nigeria (CBN) has announced that its bi-monthly Monetary Policy Committee (MPC) scheduled for Monday and Tuesday, September 25 and 26, has been deferred. Although no reason was given for the shift in...

Zenith Bank Plc: N967.25bn Revenue Haul Excites Bargain Hunters In Equities Market

September 23, (THEWILL) - Zenith Bank Plc, Nigeria’s largest financial services institution by market capitalisation (currently N1.04 trillion), raked in N967.25 billion revenue in the first half of 2023. This has put it on a spotlight at the Nigerian Exchange...

BREAKING: Cardoso, Deputies Take Oath Of Office, Resume New Roles At CBN

September 22, (THEWILL) - The new Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, assumed office today alongside his Deputies in acting capacity, pending their approval by the Senate. THEWILL reports that the oath of office was administered...

Tinubu’s Nepotistic Appointments Unconstitutional, Undemocratic – HURIWA

September 18, (THEWILL) - Human Rights Writers Association Of Nigeria (HURIWA), has emphasised that with President Bola Ahmed Tinubu’s recent approval of the nomination of Olayemi Cardoso to serve as the substantive new Governor of the Central Bank...

Olayemi Cardoso: Navigating Tailwind Direction In Turbulent Moment

September 17, (THEWILL) - President Bola Tinubu on Friday, September 15, 2023, nominated Dr Olayemi Michael Cardoso, as the new Governor of the Central Bank of Nigeria (CBN) subject to approval by the Senate. When (not, if) approved by the...

UBA Heads For N20trn Assets Mark On Robust HY2023 Key Metrics

September 17, (THEWILL) - The 2023 interim half-year financial statement of Africa’s Global Bank, United Bank for Africa (UBA) Plc, shows strong key metrics that would launch the Tier-1 lender on the fast track to N20 trillion assets mark...

Why I Was Forced To Relocate Abroad – Gov Soludo’s Daughter Adaora Opens Up

September 14, (THEWILL) - Adaora Soludo, daughter of Anambra state governor, Charles Soludo, has said that she left Nigeria because her family received death threats after her father reformed the banking sector. Recall that Soludo was appointed the governor of...

Fake News: CBN Debunks Introducing Policy To Make $1 To N1.25

September 13, (THEWILL) - The Central Bank of Nigeria (CBN), has debunked viral social reports, that it is planning to introduce a new Naira policy in November, which will make $1 equal to N1.25. The apex bank issued the rebuttal...

Shocker: CBN Restrains Banks from Reaping Bountiful Harvests of Forex Revaluation Windfall

September 12, (THEWILL) - The Central Bank of Nigeria (CBN) has moved to stop the deposit money banks from spending the massive gains from the recent forex revaluation which has exceedingly bolstered the treasury and balance sheets of the...
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Over 10,000 Nigerians Killed, Hundreds Of Villages Sacked By Gunmen Under Tinubu – Amnesty

Amnesty International says at least 10,217 people were killed in attacks by gunmen across seven states during the...
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