Tag: Central Bank Of Nigeria
Interswitch Drives CBN’s Cashless Policy With e-Payment Solutions
The cashless policy, an initiative of the Central Bank of Nigeria (CBN) and the 24 deposit money banks, aimed at…
Bizman Faces Alleged N80m Fraud
The police on Wednesday arraigned a businessman, Adeloye Olukemi, at the Federal High Court, Lagos, for allegedly defrauding Mr. Buba…
CBN Tasked On Policy Implementation
An online telecommunications advocacy group, Telecomms Compare has said that certain issues must be addressed first before the nationwide introduction…
Customer Accuses Bank Of Unethical Practices
George Nwodo, a customer with Intercontinental Bank (now, Access Bank) has alleged unethical practices against the bank and its erstwhile…
Jonathan’s New Year Burden Gift To Nigerians —Lajuwon Lasisi
Consider this, “my people perish because of lack of knowledge”, which simply means people never learn from history, however recent…
Nigeria’s Woes: We’re All Guilty —Sanusi
Governor of Central Bank of Nigeria, Sanusi Lamido Sanusi, has asked Nigerians to assess their contribution to the deplorable state…
250 PHCN’s Containers Of Equipment Rot At Lagos Port
The Nigeria Customs Service (NCS) said on Tuesday that about 500 containers belonging to federal and state government agencies have…
Experts Suggest Ways To Check Inflation
Financial experts, on Tuesday, advised the Central Bank of Nigeria (CBN) to introduce more measures to check the rising rate…
CBN Insists On 2012 Date For Mobile Payment
The Central Bank of Nigeria has said that it does not consider going back on its planned transformation of the…
CBN Raises Benchmark Rate to Support Naira
In a move that takes key players in the financial industry by surprise, but which signified its determination to stop…
Lagos Targets Mass Cassava Production
Lagos State is set to commence mass production of cassava and rice to feed its teeming populace, Prince Gbolahan Lawal,…
CBN Appoints Manufacturers For Point-of-Sale Terminals
As a prelude to the commencement of a Cashless Lagos, the Central Bank of Nigeria, CBN, has appointed four manufacturers…
Mobile Money: CBN Grants Full License To UBA’s U-Mo
The apex financial regulatory agency in Nigeria, the Central Bank of Nigeria (CBN) has granted UBA the final license to…
Distressed Banks: CBN Urges Depositors Not To Panic
Depositors of the three banks categorised as nationalised banks by the Central Bank of Nigeria (CBN) have been advised not…
Nigerian Government Takes Over 3 Banks
The Nigeria Deposit Insurance Corporation, NDIC on Friday announced that it has taken over the running of three out of…