Central Bank of Nigeria

September 10, (THEWILL) - The Acting Governor, Central Bank of Nigeria, (CBN), Mr. Folashodun Shonubi; Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbata, and the Managing Director/CEO, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, are among...

September 03, (THEWILL) - Nigeria’s biggest lender by market value, Guaranty Trust Holding Company (GTCO) reported profit before tax of N327.4 billion in 2023 half year, representing an increase of 217.1% over N103.2 billion recorded in the corresponding period...

September 02, (THEWILL) - Fintech giant, Moniepoint, has taken great strides towards supporting the Central Bank of Nigeria's ambitious goal of achieving 95 per cent financial inclusion by 2024, by unveiling its personal banking initiative. This strategic move aims...

September 01, (THEWILL) - The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and Other Financial institutions (OFIs), to conduct searches on their database for a Nigerian and four others, arrested over alleged involvement in currency...

August 24, (THEWILL) - The Central Bank of Nigeria (CBN) has faulted the bank’s financial accounts estimation published by JP Morgan, raising concern over the motive. The apex bank spoke through its Director, Monetary Policy Department, Dr Hassan Mahmud, during...

August 21, (THEWILL) - Global financial service firm JP Morgan has estimated Nigeria’s net FX Reserve to be around $3.7 billion which far contradicts the $37.15 billion reported by the Central Bank of Nigeria (CBN) as of December 31,...

August 20, (THEWILL) - In view of the challenges that emerged from the electronic payment system in the first quarter of 2023, stakeholders are set to provide solutions in line with Nigeria's Payment System Vision (PSV) 2025. The Central...

August 20, (THEWILL) - In order to stem the slide in naira arising from dollar scarcity, the Central Bank of Nigeria (CBN) has announced additional guidelines for Bureau De Change (BDC) operators in an overall bid to improve efficiency...

August 17, (THEWILL) - The Federal Government has announced a N5 billion palliative for each State of the Federation, including the Federal Capital Territory (FCT), to cushion the hardship inflicted on Nigerians by the removal of petrol subsidy. Borno State...

August 16, (THEWILL) - The board of Access Corporation Plc has announced a delay in the release of its Half-Year (HY) financial results due to an ongoing audit of its subsidiaries. This was disclosed in the company’s statement to...