Doctors are there at our bedside when we are born. We look up to them when we fall sick. They are at our death bed when we expire, thus making them an integral part of our existence. In between...
Inflation in Nigeria
The inflation rate for consumer prices in Nigeria moved over the past 62 years between -3.7 per cent and 72.8 per cent. During the observation period from 1960 to 2022, the average inflation rate was 16.1 per...
Many Nigerians, including business entities, are increasingly embracing the use of electronic payment platforms amid cash-in-hand challenges in the implementation of the currency re-design policy of the Federal Government.
As commercial banks run out of cash and Automated Teller Machines...
February 17, (THEWILL) - The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested an accountant of Oando Filling Station, Dutse Alhaji, in Abuja, over alleged racketeering of the new Naira notes.
This latest arrest followed the continued...
February 17, (THEWILL) - The Central Bank of Nigeria (CBN) has refuted media reports that it had authorised the Deposit Money Banks (DMBs) to collect the old N500 and N1,000 banknotes from customers and members of the public.
CBN Director,...
February 16, (THEWILL) - President Muhammadu Buhari on Thursday, said the naira swap and cashless policy of the Central Bank of Nigeria (CBN), have short and long-term benefits for the country in dealing with insecurity and corruption.
The President’s remarks...
February 16, (THEWILL) - President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to intensify collaboration with anti-corruption agencies, in checking the activities of those bent on frustrating the smooth implementation of the currency re-design policy.
“I...
February 15, (THEWILL) - A survey conducted by this newspaper between February 10 and 14, 2023 revealed that more residents of Lagos, Nigeria’s commercial capital, have embraced alternative payment platforms as the scarcity of Naira notes bite harder.
...
February 14, (THEWILL) - The Central Bank of Nigeria (CBN) on Tuesday, blamed "pervasive incidences of hoarding and predatory activities of some vendors and unscrupulous Nigerians", for the hardship experienced by citizens, following the Naira Redesign policy.
CBN Governor, Godwin...
February 14, (THEWILL) - The Central Bank of Nigeria (CBN)Â has said that there was no need to shift the February 10, 2023 deadline of the old N200, N500 and N1000 banknotes.
Recall that the apex bank had fixed February...
