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VFS Global Launches UK Premium Visa Centres In Enugu, Port Harcourt

Janefrances Chibuzor, THEWILL -
May 05, (THEWILL) – VFS Global has announced the opening of two new UK Premium Visa Application Centres in Nigeria, located at the Hotel Presidential, Port Harcourt, and the Omedel Luxury Hotel in Enugu. The move aims to improve...
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BusinessOgochukwu Onwaeze, THEWILL -

CBN Cuts Rates By 350bps, But Banks Still Earn Above 17 Percent On Securities

The CBN reduced its Monetary Policy Rate from 26.5 percent to 23 percent in September, signalling a shift towards a less restrictive monetary policy environment. However, yields on Open Market Operations bills and Federal Government bonds have remained elevated, cushioning the immediate impact of the policy change on banks’ investment income.
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