Nigeria’s deposit money banks and other financial institutions, together with the Federation Accounts Allocation Committee (FAAC), raked in N135.56 trillion from electronic payment transactions in the first quarter (Q1) of 2023 as the Central Bank of Nigeria (CBN) intensifies...
May 05, (THEWILL) - Like the upper legislative chamber, the Senate, the House of Representatives on Thursday approved the request by President Muhammadu Buhari to restructure the N22.71 trillion Ways and Means advances the Central Bank of Nigeria (CBN)...
May 03, (THEWILL) – Shareholders of Zenith Bank Plc approved the N100.47 dividend proposed by the Board at the Bank’s 32nd Annual General Meeting (AGM) held virtually from the Civic Centre, Victoria Island, Lagos, Tuesday.
The shareholders unanimously approved the...
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...
May 02, (THEWILL) - Enrolment in the Bank Verification Number (BVN) system rose to 57.43 million as of March 31, 2023.
The scheme has also contributed in fighting fraud and crime in the financial services industry.
This disclosure was made...
May 02, (THEWILL) - Nigeria’s payment security system is among the top ten as the world abandons the traditional cheque and cash transactions for digital payment systems.
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, made this disclosure Tuesday...
May 01, (THEWILL) – The Central Bank of Nigeria (CBN) has said it is committed to adequate supply of the new Naira notes ahead of the December 31 deadline on the old N1,000, N500 and N200 denominations.
The assurance...
Nigerians Lament Current Realities
Tales of Woes Over Failed Promises
By SAMUEL DIALA with UKANDI ODEY, SAMUEL UHUEGBU, DAVID OWEI, SEGUN AYINDE and UDEME UTIP
There is palpable fear in the land. Everywhere you turn Nigerians, male or female, old...
The number of ‘Estimated Billing’ customers in the books of Nigeria’s 11 electricity distribution companies (DisCos) rose to 5.93 million in the fourth quarter (Q4) of 2022, according to the National Bureau of Statistics (NBS). This represents a 3.4...
April 30, (THEWILL) - The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, recently led a delegation of top officials of the Commission on condolence visits to the families of two prominent Nigerians who...
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
