May 28, (THEWILL) - Just a day to the official exit of President Muhammadu Buhari as President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, a former Secretary-General of the Commonwealth Nations, Emeka Anyaoku; the...
May 23, (THEWILL) - The Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country.
The revocation exercise was disclosed in the official gazette of...
May 22, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has commended the Dangote Group for establishing a reputation for credit worthiness.
He also disclosed that a huge portion of the commercial loans extended to the group...
Nigeria on Monday, May 22, 2023 will score a global first, a huge turning point in her 62 years of chequered history. On that day, Dangote Petroleum Refinery, the world’s largest single-train 650,000 barrels per day petroleum refinery with...
May 18, (THEWILL) - The Central Bank of Nigeria (CBN) has modified the operating guidelines for the RT200 Non-Oil Export Rebate scheme as contained in its earlier circular of February 25, 2023.
The Bank said in a circular released Thursday...
May 16, (THEWILL) - The Central Bank of Nigeria (CBN), on Monday unveiled an e-learning platform, SabiMONI, to promote financial literacy and to deepen financial inclusion.
Speaking at the ceremony, the CBN Governor, Mr Godwin Emefiele, said that the platform...
The approval given recently by the National Assembly on the Ways and Means Finance, which has lingered since 2022 when it was submitted by the Executive, has generated some controversies.
The approval was stood down, we were told, because the...
May 09, (THEWILL) - The Central Bank of Nigeria (CBN) has said that proceeds of non-oil exports repatriated under the RT200 programme increased by 40 percent to $5.6 billion in 2022 as against $3.0 billion in 2021.
This was...
For an appreciable period during the currency swap from February to April, there was a drastic reduction in crime across the country. Pickpockets went on recess. Burglars didn’t dare break into houses because there was nothing to steal. Bandits...
May 03, (THEWILL) – The Central Bank of Nigeria (CBN) says it is tackling threats to payment system in order to advance the cashless policy and deepen financial inclusion.
The Governor, CBN, Mr Godwin Emefiele, disclosed this in his...