Tag: CBN
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…
Nigerian Banks As Slave Camps
Apart from working like elephants and feeding like ants, bank workers are subjected to many unwholesome labour conditions by their…
Fashioning A Workable & Realistic Constitution For Nigeria
By Ambassador Adegboyega Ariyo Commendable efforts have been made to restore the country to the path of sustainable development, where unity…
Abolish Political Party System
By Oluwole Sholanke It is a general perception that politicians are corrupt and that they use political parties to loot…
The Sack Of Maduka
Business magnate, Cosmas Maduka exits the Access Bank board in controversial circumstances Corporate big player and Coscharis Motors owner, Cosmas…
AMCON’s Misadventure And A Hapless Nation
By Eghes Eyieyien Nigeria’s AMCON is gravely distressed! With total liabilities of N5.69 trillion (bonds issued is N4.18 trillion), a…
Okonjo-Iweala denies blocking oil subsidy payments
Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala has refuted media reports which alleged that her ministry was blocking verified payments…
Why Unemployment Is High — Ex-CBN Chief
A former Director of the Central Bank of Nigeria (CBN), Mr Titus Okunronmu, on Monday attributed the high unemployment rate…
A Governor, Three Ministers And Their Burden
The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, created a media firestorm last week when…