CBN Suspends Cheque Clearing As Nigeria Enters Lockdown Over Coronavirus

BEVERLY HILLS, March 30, (THEWILL) - The central bank has temporarily suspended cheque clearing in the Nigerian banking system as President Muhammadu Buhari ordered...

CBN Retains MPR At 13.5%

BEVERLY HILLS, March 24, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to retain the...

Dangote Cement Set To Issue N300bn Bonds

BEVERLY HILLS, March 24, (THEWILL) - Dangote Cement Plc has made disclosed intentions to issue N300 billion bonds. The company, in a notice to the Nigerian...

Update: Nigeria Technically Devalues Currency

BEVERLY HILLS, March 20, (THEWILL) - Nigeria has technically devalued the naira at the Investors and Exporters (I&E) trading window from N366.70 to N380.20. A...

Zenith Bank Rewards Shareholders, Declares N87.9bn Dividend Payout

SAN FRANCISCO, March 17, (THEWILL) - Zenith Bank Plc, on Monday, held its 29th Annual General Meeting (AGM) in Abuja, during which the Bank’s...

FirstBank Set To Merge With Heritage Bank, Polaris Bank

SANFRANCISCO, March 12, (THEWILL) - Nigeria will soon witness an­other round of merger and acquisition in the banking sector as financial advisers are putting...

Oil Plunges 25% As Another Virus-Fueled Trading Week Begins

Oil prices are plunging amid concern a dispute among producers could lead a global economy weakened by COVID-19 to be awash in an oversupply...

CBN Unveils Draft Guidelines For Micro Finance Banks

BEVERLY HILLS, March 04, (THEWILL) - The Central Bank of Nigeria (CBN) has released an exposure draft guideline for the regulation and supervision of...

Zenith Wins Again, Emerges Most Valuable Banking Brand In Nigeria For Three Consecutive Years

BEVERLY HILLS, March 04, (THEWILL) - Zenith Bank Plc, Nigeria’s leading financial institution, has again emerged as the Most Valuable Banking Brand in Nigeria...

Nigeria Records Highest GDP Growth Since 2016 Recession

SAN FRANCISCO, February 24, (THEWILL) – The Gross Domestic Product (GDP) has recorded a growth of 2.55 per cent (year-on-year) in real terms in...