Nigeria’s Apex Bank (CBN) is planning on publishing the names of bank debtors along with those of their bank of directors in newspapers in order to reduce the rate of Non Performing loans. Speaking during the 321st Bankers Committee meeting last week in Lagos, the Director of Banking Supervision of
Nigeria’s Apex Bank, (CBN) has yesterday lowered the limit for usage of naira debit cards for transactions overseas to $50,000 from $150,000 per person, per annum. The Director, Trade and Exchange Department, CBN, Mr.
With the review, ATM card users cannot spend more than $50,000 in a year during their stay abroad or when shopping online. The post Central Bank reviews spending limit on Naira on ATM cards abroad appeared first on Premium Times Nigeria.
And it’s official – #TheReturn of Jesse Jagz… Wait on the album “The Indestructible Choc Boi Nation” Jesse Jagz marks his long awaited return to Chocolate City with this amazing banger featuring MI, Ice Prince . The track was produced by Jesse Jagz and Reinhard Tega.
The Independent National Electoral Commission (INEC) in Edo State in south-south Nigeria has taken delivery of sensitive materials ahead of Saturday’s general elections from the state branch of the Central Bank of Nigeria. In an interview with Channels Television at the INEC Headquarters in Benin City, Edo State capital, the
The Resident Electoral Commissioner (REC) in Rivers State, Gesila Khan, has said that ‘’all is now set for the Presidential and Assembly elections in Rivers State.’’ The Rivers State REC gave this assurance, during the formal delivery of sensitive materials from the CBN at the premises of the electoral body
In the wake of the struggle by the Nigeria’s Apex Bank (CBN) to meet the demand for dollars in the foreign exchange market, its governor, Mr. Godwin Emefiele, has declared that the currency for transacting business in the country remains the naira, warning that it is illegal to carry out
The Independent National Electoral Commission in Anambra has said distribution of sensitive materials for Saturday’s election would commence on Thursday, as the materials have taken to the INEC office from the Central Bank of Nigeria where they had been deposited. At the Central Bank of Nigeria in Awka, representatives of
The Independent National Electoral Commission (INEC) says it has accredited 107 domestic and international observers to monitor the general elections slated for March 28 and April 11, 2015. Among the observers accredited on Tuesday were embassies of 11 foreign nations of the United States of America, Switzerland, Britain, Germany, France,
A foreign correspondent first called my attention to it. We were at the same party in Lagos. He leaned forward and whispered in my ear, in a tone that suggested conspiracy and/or gossip, asking if I had heard about the missing $49.
CBN Governor, Mr Godwin Emefiele The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, has raised concerns over the partial dollarisation of the nation’s currency and called on commercial banks in the country to take appropriate measures to check the trend.
The Independent national Electoral Commission, INEC, says that ballot papers for Saturday’s presidential and National Assembly elections are to be moved from the Central Bank of Nigeria, CBN vaults on Wednesday March 25. The Chief Press Secretary to the INEC Chairman, Mr.
The EFCC had interrogated several officials of the CBN and NSPM over allegations that they took bribes to switch the naira from paper to polymer The post EFCC clears Soludo, says ex-CBN governor not involved in polymer bribery scandal appeared first on Premium Times Nigeria.
The guidelines would provide a framework for licensing and supervision of wholesale and retail development finance institutions. The post CBN issues guidelines for development finance institutions appeared first on Premium Times Nigeria.