Nigeria Records Mirginal Reduction In Inflation – NBS

SAN FRANCISCO, August 16, (THEWILL) - The Nigeria Bureau of Statistics (NBS), has said the average change in the prices of foods and services, representing...

Financial Inclusion: Access Bank Introduces Loan For Smartphone Purchase

SAN FRANCISCO, August 14, (THEWILL) - Access Bank has introduced a financing scheme for procurement of phones for more Nigerians to get connected to more...

CBN Injects $210m Into Forex Market

BEVERLY HILLS, August 07, (THEWILL) - The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into Nigerian Inter-Bank Foreign Exchange...

Keystone Bank Appoints New Executive Directors

SAN FRANCISCO, August 05, (THEWILL) - In line with strategic business intent and corporate realignment to sustain continued business growth, the Board of Directors of...

Dangote Earmarks 53% Of Refinery Capacity To Petrol

BEVERLY HILLS, August 01, (THEWILL) - The Dangote Group has revealed that upon completion of its refinery, it will dedicate 53 per cent of...

Nigeria Rate Cut On The Horizon As Global Monetary Easing Cycle Gains Momentum

Unfavorable macroeconomic conditions across the globe have prompted major central banks to embark on a monetary easing cycle to counter a global slowdown. There is...

NNPC Takes Back Oil Blocks From Eni, Stops Cash Call Payments

SAN FRANCISCO, July 24, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) Wednesday said it has suspended cash call repayments to Eni for three months,...

CBN To Impose Forex Restriction On Milk Importation

SAN FRANCISCO, July 24, (THEWILL) - The Central Bank of Nigeria (CBN) has said it will place foreign exchange (forex) restrictions on milk importers into...

MPC Retains Monetary Policy Rate At 13.5 Percent

SAN FRANCISCO, July 23, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate...

CBN Issues New Licenses To Three New Banks

SAN FRANCISCO, (THEWILL) - The Central Bank of Nigeria (CBN) has issued licences to three new banks. According to information available on the apex bank’s...