December 03, (THEWILL) - The policy shift by the Central Bank of Nigeria (CBN) on its development finance activities will pave the way for the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN) to expand their...
December 01, (THEWILL) - The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and other financial institutions operating in the country, to place a "Post no Debit” on all bank accounts without Bank Verification Number (BVN)...
November 25, (THEWILL) - The Central Bank of Nigeria (CBN) has advised the deposit money banks to be prepared to boost their capital base in order to meet the need of the envisioned $1 trillion economy of the...
November 12, (THEWILL) - Senator Adams Oshiomhole practically shocked the entire world the other day, during the screening of the new helmsman at the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso and his deputies at the Chambers of...
November 05, (THEWILL) - ABUJA – The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has reiterated that under his leadership, the Bank will focus mainly on the core mandate of price stability.
He disclosed this...
September 27, (THEWILL) - It is a new dawn at the Central Bank of Nigeria, as the Senate, the upper chamber of the National Assembly, screened and approved the nominees of President Bola Tinubu, to pilot the affairs of...
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...
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...
Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.