Tag: Central Bank Of Nigeria
Money laundering: CBN sacks 20 BDCs
The Central Bank of Nigeria (CBN) has revoked the licence of 20 Bureau De Change (BDC) companies for foreign exchange…
New Police BCMR Unnecessary
Beginning from today, the Nigeria Police will start its new Biometric Central Motor Registration, BCRMR, which they claimed would help…
Kudos To CBN Gov On Issuance Of Dud Cheques
By Odunayo Joseph Whenever the history of the banking industry in Nigeria is written in future, the tenure of the…
CBN extends cashless policy to Abuja, 5 more states
The cashless policy of the Central Bank of Nigeria, which has been in force in Lagos since last year, has…
CBN Open: Unseeded Star Upsets Mbanu
The first major upset at the ongoing Central Bank of Nigeria, CBN Senior Tennis Championship was recorded early today when…
Tennis: Nigerian Players Ready For CBN Open
With barely 48 hours to the commencement of the 34th Central Bank of Nigeria, CBN, Senior Tennis Open, some of…
Mary-Love, A Star In The Making
Talk about agility, accuracy, speed, focus, determination and you won’t be far from describing Nigeria’s latest discovery in the racquet…
Fading Polymer Naira Notes Face Rejection
On 28 February, 2007 when the Central Bank of Nigeria, CBN, announced the introduction of polymer versions of 5, 10,…
Joy To The Consumer
A number of key policy decisions usher in a new lease of life for Nigerian consumers Nigerian consumers had never…
Bridge Banks Intervention Yielding Fruits —Enterprise Bank MD
Managing Director Enterprise Bank, Mr Ahmed Kuru, has said Central Bank of Nigeria’s policy of using ‘bridged banks’ to rescue…
CBN bankrolls multi-billion Naira project in UNILAG
In furtherance of its social intervention policy, the Central Bank of Nigeria, CBN, has moved a notch in executing its…
Heritage Bank Begins Payment To SGBN Customers
Heritage Banking Company has commenced payment to customers of the defunct Societe Generale Bank, whose accounts have been successfully validated.…
Lower rates likely by micro-finance lenders
Some operators of Nigeria’s microfinance banks on have expressed optimism that lending rates in the sub-sector would drop in 2013…
Nigeria’s mobile money operators get CBN ultimatum
The Central Bank of Nigeria (CBN) has directed the 16 Mobile Money Operators (MMOs) in the country to fully connect…
Cancel The Councils
Nothing would provoke an outrage as a call to phase out the Nigerian third tier of government in the next…
In Celebration Of 100 Years Of Trade Unionism In Nigeria
By femi falana The Working Class Association of Nigeria deserves commendation for organising this workshop to celebrate the centenary of…
Sanusi Is Confused, Revolution’ll Consume Him, Says JAF
The President of the Trade Union Congress (TUC), Comrade Peter Esele, has described the Governor of the Central Bank of…
Sanusi Faults Revocation of Lagos-Ibadan road Concession
Mallam Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria,CBN,has faulted the recent revocation of the concessioning contract of…
Interswitch Rewards Verve Card Users
In a bid to improve the cashless initiative embarked upon by the Central Bank of Nigeria, Interswitch, has kicked off…
Nigerian banks stop N100 charge at ATM
.Long time credit facility for mortgage also coming Nigeria’s Banker’s Committee on Tuesday in Abuja unanimously agreed to stop interbank…
Intervention Fund: Sterling Bank To Help MFBs Access N220b
Sterling Bank Plc has expressed its readiness to assist Microfinance Banks (MfBs) to access N220 billion Micro, Small and Medium…
Yanking Off CBN’s Freedom
The House of Representatives appears set to pass the proposed Amendment Bill on the 2007 Central Bank of Nigeria Act…
Fleecing Customers
The Central Bank of Nigeria moves to rein in banks which have been fleecing their customers through spurious charges The…
Wema Bank seeks national licence
Wema Bank Nigeria Plc, the only regional player in Nigeria’s banking sector, has concluded plans to re-apply for national banking…
Imoke Presents N151bn Budget Of Commitment
Governor of Cross River State, Southsouth Nigeria, Senator Liyel Imoke, on Tuesday presented a budget of N151.3 billion as the…
Court Orders CBN To Declare Cash, Assets Seized From Cecilia Ibru
A Federal High Court sitting in Lagos, southwest Nigeria, this morning ordered the Central Bank of Nigeria, CBN, to declare…
Scramble For Nigeria’s $15m ‘Bribe’
By Sola Odunfa Somewhere in the vaults of the Central Bank of Nigeria, CBN, a bag containing $15m has lain…
PDP commends Jonathan over N5000 decision
The Peoples Democratic Party, PDP, on Sunday commended President Goodluck Jonathan for hearkening to the views of Nigerians by stopping…
Femi Otedola leads toxic Nigerian bank debtors
With a humongous loan portfolio of $1.2 billion, Femi Otedola, President Goodluck Jonathan’s business friend is the biggest danger to…
Bad Debt makes AMCON Take Over Aero Contractors
Simon Ateba From all indications, Nigeria’s aviation industry has plunged further into crisis with the take over today of Aero…