Central Bank of Nigeria

5-Year Corporate Plan: Access Bank Launches Custody Services in Expansion Strategy

August 16, (THEWILL) - In line with its 5-year strategic plan (2023-2027) Access Bank, Nigeria’s largest bank by assets, has announced the launch of its Custody Services, offering safekeeping and servicing of financial assets to its esteemed customers. The expansion...

CBN Moves To Stabilise Foreign Exchange Market, Warns Speculators

August 14, (THEWILL) - The Central Bank of Nigeria (CBN) says it has taken appropriate measures to stabilise the unfavourable fluctuations in the foreign exchange market. Acting Governor of the apex bank, Folashodun Shonubi, disclosed this to State House...

Otedola Raises Stake in FBNH With 0.3% Worth N2bn

Amid lingering battle for the soul of FBN Holdings Plc, billionaire businessman and chairman of Geregu Power Plant, Femi Otedola, has acquired 110 million units of the bank’s shares worth N2 billion in a fresh deal that intensifies the...

Niger Coup: Nigeria Should Not Be Turned into Battle Front – Farounbi

Dr Yemi Farounbi is a former Nigerian Ambassador to the Philippines. In this interview with AYO ESAN, he speaks extensively about the military coup d’état in Niger and the need for Nigeria to approach the situation there with dialogue...

CBN Reports N65.6bn Profit in 2016-2022 Financial Statement

The Central Bank of Nigeria (CBN) has released its audited financial statements for 2016-2022. The result showed that the apex financial services regulator recorded a profit of N65.63 billion in 2022 — more than double the figure it reported...

Ex-CBN Governor Sanusi Meets Niger Coup Leaders

August 09, (THEWILL) - A former Governor of the Central Bank of Nigeria (CBN) and 14th Emir of Kano, Lamido Sanusi, has met with coup leaders in Niger Republic. Sanusi was accompanied to the meeting by the Sultan...

Court Okays Emefiele’s Request To Serve Bail Order On DSS

August 01, (THEWILL) - The Federal High Court in Lagos has granted Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN), leave to serve the Director General, Department of State Services (DSS), Yusuf Magaji Bichi, by...

The Executive, DSS, Rule of Law And Nigeria’s Democracy

Nigeria's democratic governance is principally built on the foundation of the rule of law, where adherence to court orders is essential for a functional democratic society. However, the country has witnessed an alarming streak of lawlessness, as successive governments...

Tinubu Appoints Obazee As Special Investigator To Probe CBN, Related Entities

July 30, (THEWILL) - President Bola Tinubu has appointed a Special Investigator to probe the Central Bank of Nigeria (CBN) and Related Entities. In a letter sighted by THEWILL, President Tinubu named Jim Obazee, "the Chief Executive Officer, Financial Reporting...

NIM Tasks CBN On Access To Credit By Entrepreneurs

July 30, (THEWILL) - The Nigerian Institute of Management, NIM, has urged the Central Bank of Nigeria, CBN, to come up with policies that will facilitate access to credit by entrepreneurs. The NIM made this known in a 20-point communiqué,...
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Latest News

Country Music Legend, Dolly Parton, Dies at 80

Her family announced her death Tuesday, with her nephew Bryan Seaver sharing the news in a video on social media. Seaver, who served as Parton’s head of security for more than two decades, said she had asked him years ago to make the announcement.
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