Tag: CBN
Union, Sterling bag CBN’s agriculture awards
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday has rewarded Union Bank of Nigeria for…
FG to establish development finance institution – Jonathan
President Goodluck Jonathan on Tuesday in Abuja said the Federal Government would establish a wholesale Development Finance Institution (DFI) to…
CBN’s Negative Policy
The announcement last week of a planned re-introduction of N65 charge on Automated Teller Machines, ATMs, by the Central Bank…
CBN reintroduces charges on ATM cards
The Central Bank of Nigeria (CBN) said that Automated Teller Machines (ATM) withdrawals would attract N65 per transaction to cover…
FG targets 5000mw of electricity, 370m gas by Dec
The Federal Government has concluded arrangements to boost gas supply nationwide by 370 million metric cubic feet per day (mcf/d)…
Sanusi Withdraws Law Suit Against Jonathan
The Emir of Kano and former Governor of the Central Bank of Nigeria, CBN, Lamido Sanusi, has dropped the suit…
Robbers Kill 4 Policemen, Others
Jethro Ibileke/Benin Armed robbers on Tuesday attacked a bullion van conveying money from Agbor in Ika South Local Government Area…
Tackling The Threat Of Cyber Crime In Nigeria
A fortnight ago, Mr Adebayo Adelabu, deputy governor, Financial Systems Stability, Central Bank of Nigeria, said 2.4 per cent of…
Cashless policy: CBN gives 1year waiver on withdrawal charges
The Central Bank of Nigeria has granted one year withdrawal waiver charges on individual and corporate accounts in the remaining…
CBN ups Bureau De Change’s capital requirement to N35m
The Central Bank of Nigeria (CBN), on Monday, said it has increased the minimum capital requirement for Bureaux de Change…
Sanusi: Court fixes July 4 for hearing
The National Industrial Court on Friday fixed 4 July, for hearing in the suit filed by the former CBN Governor,…
CBN gets N392.77m as fines from six banks
Six commercial banks paid N392.77 million in fines to the Central Bank of Nigeria (CBN) in 2013 for contravening various…
NNPC, CBN pay salaries that enable workers compete with multinationals – Egbule
Salaries paid to workers in NNPC and CBN are to enable them to compete with their multinational counterparts. Chairman, National…
Stop Hawking Of New Naira Notes
In Nigeria, hawking of new naira notes along major roads and at parties is becoming a common phenomenon. It is…
Headlines, Interview, News, Politics
Jonathan’s Approval Rating Poor, says Fashola
Governor Babatunde Raji Fashola of Lagos State granted TheNEWS editors an exclusive interview. He seized the opportunity to speak on…
Lagos Fire Won’t Affect CBN
The Central Bank of Nigeria (CBN) on Tuesday assured stakeholders that the fire incident at its office in Lagos would…
My Last Meeting With Jonathan
Sanusi Lamido Sanusi, suspended Central Bank Governor, tells ADEMOLA ADEGBAMIGBE and EBHOMELE EROMOSELE what was discussed at the last meeting…
CBN’s Cashless Policy Takes Effect Nationwide 1 July
The cashless policy introduced by Central Bank Of Nigeria, CBN, in Lagos in 2012 and in five states and the…
Sanusi’s Outcry Over Missing Oil Revenue
The claim by Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria, CBN, that the Nigerian National Petroleum Corporation,…
Sanusi Should Think Before Talking
The Central Bank Governor, Mallam Sanusi Lamido Sanusi, is one of the few reliable human assets Nigeria has ever produced.…
$50bn Fraud: Govt Audits NNPC Account
Following revelations by Sanusi Lamido Sanusi, the Central Bank of Nigeria Governor, that the Nigeria National Petroleum Corporation, NNPC, between…
FG Bows To ASUU, N200b Paid Into CBN
Barely twenty four hours to the expiration of the 4 December ultimatum Federal Government gave members of the Academic Staff…
ASUU: We Are Not Aware Of Any N200b
The President of the Academic Staff Union of Universities (ASUU) Dr. Nasir Fagge Issa, this morning disclosed that his union…
Living In The Shadow Of Terror
Security measures adopted in the wake of Boko Haram attacks have substantially altered living and driving in Abuja In the…
Analysis: CBN battles money laundering
Nigeria’s central bank has announced new measures to tackle money laundering it says is weakening the naira currency and risks…
CBN backs power reform with N109bn
The Central Bank of Nigeria (CBN) says it has disbursed over N109 billion to 20 companies in support of the…
Bank Customers Unaware Of Mobile Money Services —Poll
The latest Mobile Money Services Snap Poll conducted by NOI Polls has revealed that almost 6 in 10 Nigerians (59%)…
Waiting For Africa To Emerge
By Adebayo Lamikanra Ebenezer Obadare is never likely to forget the first time we sat down to hold an intellectual…
Freedom Of Information Act Put To The Test
By Adepetun Caxton-Martins Agbor & Segun In 2011 Nigeria passed the Freedom of Information Act, which seeks to guarantee citizens’…
Insider Abuse In Nigerian Banks
The country’s banking industry is crawling with criminally-minded people who, through a variety of tricks, continue to milk depositors. Now…